Have the summer doldrums set in yet? Last week was a busy one, from the political goings on in Washington, D.C. and in the United Kingdom, to the Apple Worldwide Developers Conference and the American Society of Clinical Oncology annual meeting. And the surprise retreat of top tech stocks on Friday has some wondering if it is a sign of a coming correction.
Benzinga continues to feature a look at the prospects many investor favorite stocks, and here were just a few of the bullish and bearish picks from the past week.
"Best Buy Has Proven It Can Weather The Amazon Onslaught" by Merrick Weingarten takes a look at why one key analyst believes that Best Buy Co Inc (NYSE: BBY) is no longer getting killed on lower prices and that investors have noticed. Can the consumer electronics retailer gain more market share?
In "Lululemon Has Room For Valuation, Earnings Upside This Year," Dustin Blitchok examines why one key analyst remains encouraged by trends at Lululemon Athletica inc. (NASDAQ: LULU) in the wake of the most recent earnings report. This comes after three stagnant years of results from the purveyor of yoga-wear and accessories.
Merrick Weingarten's "4 Key WWDC Takeaways From An Apple Bull" discusses some highlight from the latest Apple Inc. (NASDAQ: AAPL) developer's conference. There may have been no groundbreaking announcements, but there were more product launches than investors may have anticipated.
Also check out "What Did WWDC 2017 Do For Apple? The Sell-Side Weighs In" for another look at the Apple conference.
After a nice rebound in Twitter Inc (NYSE: TWTR) shares in May, things have turned particularly bearish again, according to "Twitter Forms Dangerous Technical Pattern" by Wayne Duggan. Technical traders will recognize the head-and-shoulders pattern and will have a sense of where the stock is likely headed next.
In Wayne Duggan's "Snap Returns To The Top Of Short-Seller Favorites," see why J C Penney Company Inc (NYSE: JCP), Snap Inc (NYSE: SNAP) and Tesla Inc (NASDAQ: TSLA) were among the most popular stocks with short sellers lately.
"Citron's Andrew Left: Move Your Money From Nvidia To Google" by Elizabeth Balboa examines why a noted short seller sees less downside risk in Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) than in NVIDIA Corporation (NASDAQ: NVDA) but many of the same opportunities.
And check out "The Bar For VeriFone Was Already Low This Year — And Management Just Set It Lower" for another bearish call.
Image Credit: "Statue of a bull outside Islamabad Stock Exchange, Islamabad, Pakistan." By Danish47 - Own work, CC BY-SA 3.0, via Wikimedia commons
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