• Tue. Oct 4th, 2022

Barron’s Stock Spotlight: Amazon, NextEra Energy, Pinterest And Why Tesla May Be Heading To $900

ByMichael Cohen

Jul 23, 2022
Barron's Stock Spotlight: Amazon, NextEra Energy, Pinterest And Why Tesla May Be Heading To $900

Benzinga reviews this weekend’s top stories on Barron’s, for additional information on the latest market news, Benzinga Pro offers a 24/7 news feed, live chat and charting software. 

Amazon Stock Has Gotten Crushed. There’s a Case It Could Double, or Even Triple, From Here,” by Eric Savitz, notes that Amazon.com Inc’s AMZN second quarter earnings on July 28 will likely show shrinking revenue growth, but the future may be very bright.

Tesla Stock Could Hit $900 in Its Latest Surge,” by Al Root, says that if Tesla Inc TSLA stock is able to get through some recent price resistance its next target may be the $900 level.

Verizon Cuts 2022 Guidance on Slower Wireless Growth. The Stock Slides,” by Sabrina Escobar, looks at the factors leading Verizon Communications Inc V to lower guidance for fiscal 2022, and the challenges ahead.

In “NextEra Stock Comes Back After Post-Earnings Decline,” Al Root explains why renewable-energy and utility company NextEra Energy Inc NEE was able to turn in higher second-quarter earnings than Wall Street expected.

Pinterest Picks Up an Activist Investor,” by Carleton English, looks at the potential impact on Pinterest Inc PINS, now that activist hedge fund Elliott Management has taken a 9% stake in the company.

Also Read: Bulls And Bears Of The Week: Tesla, Netflix, Microsoft And A Crypto That Could Reach $2,300

Also in this week’s Barron’s: 

Apple and Microsoft Earnings, or the Fed: What Matters More Next Week?

Thinking of Moving to Canada? This Financial Pro Has Some Advice.

Biden’s Climate Bill is Stalled. Why an Analyst Still Sees Opportunity in Clean Tech.

Why Gasoline Demand Looks Set to Rebound

Expect Two Recessions, and a Quick End to the Fed’s Hikes

At the time of this writing, the author had no position in the mentioned equities.



Image and article originally from www.benzinga.com. Read the original article here.