Tesla, GameStop, Nvidia, Bitcoin and Dogecoin analysts target $1.30-1.50 as key targets: Benzinga Bulls and Bears
Benzinga looked at the prospects for many investors’ favorite stocks last week – here are some of our top stories.
The U.S. stock market continued its upward momentum, with the S&P 500 and Nasdaq rising for the third consecutive week, rising 0.96% and 3.34% respectively, while the Dow Jones fell slightly by 0.6%.
Technology and consumer discretionary sectors drove the rally, helped by strong performance from big tech companies such as apple inc. AAPL, amazon.com Amazonand Yuan Platform Company Mehta.
Labor market data rebounded significantly in November, with non-agricultural employment increasing by 227,000, exceeding expectations and significantly higher than the revised 36,000 in October.
Meanwhile, consumer confidence, as measured by the University of Michigan, improved to a seven-month high, even as rising inflation concerns influenced some consumers to speed up their purchases of durable goods.
Benzinga provides daily reports on the stocks most popular with investors. Here are some of the most bullish and bearish posts from the past week that are worth a second look.
bulls
“‘Big Short’ Trader Danny Moses Gives Up Shorting Tesla, Says ‘It’s Very Difficult to Short a Name That Doesn’t Trade on Fundamentals'” explains Anan Ashraf Danny MosesFamous for “The Big Short,” Stop Shorting Tesla Inc. Teslaciting its stock’s reliance on narrative-driven promises like self-driving rather than financial fundamentals.
Aniket Verma’s “Cryptocurrency Analysts Expect Dogecoin Value to Rise 212%-260%” Highlights Analysts’ Bullish Predictions for Dogecoin Dogecoin Dogecoin/USDbased on historical patterns and market momentum, a surge to $1.30-$1.50 is forecast as the key macro target, which would reflect a 212%-260% gain.
“Roaring Kitty Returns to GameStop Rockets on X: What Does His Tweet Foreshadow Third-Quarter Earnings?” by Chris Katje GameStop Corporation Society of General Mechanical Engineers Stocks following Roaring Kitty’s (Keith Gill) is back on X (formerly Twitter), fueling investor speculation with cryptic posts related to meme stock momentum ahead of the company’s earnings.
For other bullish predictions from the past week, check out these:
Michael Saylor says Bitcoin could add nearly $5 trillion to Microsoft’s valuation by 2034 and add $584 to its stock price
Andrew Left’s Citron Research calls Nvidia-backed Nebius the next ‘AI Wall Street darling’ – shares rise 14%
J.P. Morgan bets on natural gas in 2025: Upgrades ConocoPhillips, downgrades 3 energy stocks
Bears
“Trump’s tariff plan could bring economic pain to North America, Goldman Sachs warns,” notes Piero Cingari Goldman Sachs warns Donald Trump’s Proposed 25% tariffs on imports from Canada and Mexico could hit companies like these by reducing Canada’s GDP by 4%, Mexico’s GDP by 3.5%, and the United States’ GDP by 0.4% General Motors Corporation General Motors and soaring inflation.
Anusuya Lahiri’s “Biden Targets China with New Chip Restrictions, Nvidia Slides” reports on the impact of tighter U.S. export controls on 140 Chinese semiconductor companies, including memory chip tools NVIDIA Corporation NVDA, Lam Research Corporation LRCXand Applied Materials Amatas part of the national security strategy.
Aniket Verma emphasized: “Peter Schiff challenges Jim Cramer’s bullish Bitcoin views, saying such remarks were made at the top of the market” Peter Schiff’s criticize Jim Cramer’s Enthusiastic support for Bitcoin Bitcoin/USD After Bitcoin topped $100,000, Cramer said such comments indicated the market had peaked, while Cramer defended Bitcoin as a portfolio hedge similar to gold.
For more bearish views, be sure to check out these posts:
Shift4 Payments shares drop after CEO Jared Isaacman wins NASA nomination: What happened?
How the potential fallout between Elon Musk and Trump could affect Tesla and SpaceX: Cathie Wood Leave a Comment
Sony, Honda electric car dreams clash with reality of Trump-backed policy shift ahead of U.S. launch in 2026
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