Benzinga Bulls And Bears: ARM, Ford, GM And Analyst Predicts Tesla Shares Will Hit $400
Portfolio Pulse from Michael Cohen
Benzinga's weekly review of investor favorites included bullish views on ARM Holdings, Tesla, and Tilray Brands, and bearish perspectives on Ford, General Motors, Stellantis, Lockheed Martin, Boeing, and Aecom. ARM's recent IPO and lawsuit with Qualcomm, Tesla's price target increase due to its supercomputer, Dojo, and Tilray's readiness for potential U.S. cannabis legalization were highlighted. Concerns were raised about the ongoing UAW strike against auto companies and the potential impacts of a government shutdown on defense and energy contractors.
September 16, 2023 | 2:11 pm
News sentiment analysis
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NEGATIVE IMPACT
A potential government shutdown could have significant impacts on energy contractors like Aecom.
A government shutdown could disrupt funding and contracts for energy contractors like Aecom, potentially leading to a negative impact on the company's stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 70
NEGATIVE IMPACT
A potential government shutdown could have significant impacts on defense contractors like Boeing.
A government shutdown could disrupt funding and contracts for defense contractors like Boeing, potentially leading to a negative impact on the company's stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 70
NEGATIVE IMPACT
The ongoing strike by the United Auto Workers (UAW) against Ford Motor Co could have potential repercussions on car prices and Michigan's economic stability.
The ongoing strike could disrupt Ford's operations, potentially leading to increased car prices and negative impacts on the local economy. This could negatively affect the company's stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80
NEGATIVE IMPACT
The ongoing strike by the United Auto Workers (UAW) against General Motors could have potential repercussions on car prices and Michigan's economic stability.
The ongoing strike could disrupt GM's operations, potentially leading to increased car prices and negative impacts on the local economy. This could negatively affect the company's stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80
NEGATIVE IMPACT
A potential government shutdown could have significant impacts on defense contractors like Lockheed Martin.
A government shutdown could disrupt funding and contracts for defense contractors like Lockheed Martin, potentially leading to a negative impact on the company's stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 70
NEGATIVE IMPACT
The ongoing strike by the United Auto Workers (UAW) against Stellantis could have potential repercussions on car prices and Michigan's economic stability.
The ongoing strike could disrupt Stellantis' operations, potentially leading to increased car prices and negative impacts on the local economy. This could negatively affect the company's stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80
NEUTRAL IMPACT
ARM Holdings' recent IPO and ongoing lawsuit with Qualcomm were highlighted as key factors for its future prospects.
The recent IPO and ongoing lawsuit with Qualcomm are significant events that could influence ARM's stock performance. However, the exact impact will depend on the outcomes of these events.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Tilray Brands' CEO expressed optimism about potential U.S. cannabis legalization and the company's readiness to introduce cannabis-infused beer.
The CEO's optimism about potential U.S. cannabis legalization and the company's readiness to introduce new products could boost investor confidence and potentially lead to a rise in the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Morgan Stanley's Adam Jonas raised his price target for Tesla to $400, citing the transformative potential of Tesla's custom supercomputer, Dojo.
The raised price target by a prominent analyst based on the potential of Tesla's supercomputer, Dojo, is a positive signal for the company's stock. This could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90