Top 7 Consumer Goods Companies Analysts Love

The consumer goods field is a cutthroat, competitive one as players have to juggle long-term business growth with short-term shareholder value. Nevertheless, analysts are touting these key consumer goods companies that are on the rise!

By clicking the link above you will automatically opt-in to receive emails from FinStrategist

Benzinga Bulls And Bears: Nvidia, GameStop, Ethereum And Crypto Analyst Predicts Dogecoin Will Hit 22 Cents In Days

Michael Cohen
May 25, 2024

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.

Tech stocks in the Nasdaq 100, tracked by the Invesco QQQ Trust (NASDAQ:QQQ), soared this week, pushing the index to new record highs and a fifth consecutive week of gains, the longest streak since January.

For the week, the S&P 500 saw a slight increase of just 0.03%. The tech-heavy Nasdaq outshone others with a gain of 1.41%. In contrast, the Dow Jones dropped by 2.33%, experiencing its first negative week in the last five.

Risk sentiment diminished in non-tech sectors as hawkish Federal Reserve meeting minutes and S&P Global’s business surveys signaled renewed inflationary concerns, raising fears of prolonged higher interest rates.

Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week’s most bullish and bearish posts that are worth another look.

The Bulls

“‘Nvidia Party Is Turning Into A Rager,’ Says Analyst After Chipmaker’s Q1 Beat That Sent Stock Soaring Past $1,000 In After-Hours Trading,” by Shanthi Rexaline, reports on Nvidia Corp. (NASDAQ:NVDA) surpassing $1,000 per share following strong quarterly results and guidance, with analyst Gene Munster predicting a prolonged tech bull market.

“Top Trader’s Ethereum Price Prediction Targets All-Time Highs In 2025,” by Murtuza Merchant, reports on a crypto trader’s bullish prediction of Ether (CRYPTO: ETH) potentially reaching $9,500 short-term and $12,000 to $16,000 long-term, following the approval of a spot Ethereum ETF.

“Dogecoin Reversal Imminent, Says This Analyst – Predicts Over 30% Upside”, by Aniket Verma, highlights an analyst’s prediction of a 32% rise for Dogecoin (CRYPTO: DOGE) due to an inverse head and shoulders pattern, suggesting a potential price of $0.22 in the coming days.

For additional bullish calls of the past week, check out the following:

‘Wow’: Elon Musk Reacts As Nvidia’s Eye-Popping Market Cap Leaves Entire German Stock Market, GDPs Of 96% World Nations Biting The Dust

Microsoft Touts AI-Capable Surface Notebooks 58% Faster Than M3 MacBook Air: ‘We Have Essentially The Best Specs,’ Says Satya Nadella

AMC CEO Says ‘We’re Still Here’: How Taylor Swift, Popcorn Buckets Help Movie Theater From Going ‘Kaplooey’

The Bears

“Roaring Kitty Phones Home? GameStop Influencer Goes Silent After ‘E.T.’ Movie Clip Signals Potential Goodbye,” by Chris Katje, details how Keith Gill‘s potential exit from social media after posting a clip from the movie “E.T.” may dampen the rally of GameStop Corporation (NYSE:GME) shares, which experienced significant volatility following his recent activity.

“US Targets Ticketmaster Parent In Antitrust Lawsuit, Live Nation Responds: ‘It Ignores Everything That Is Actually Responsible,'” by Adam Eckert, details how the Department of Justice has filed an antitrust lawsuit against Live Nation Entertainment Inc (NYSE:LYV), as the company says the suit unfairly blames them for high ticket prices while ignoring other contributing factors.

“Boeing Stock Falls As CFO Forecasts Negative Cash Flow, Delivery Delays Amid Regulatory Scrutiny,” by Vaishali Prayag, reports on CFO Brian West‘s announcement that Boeing Company (NYSE:BA) expects negative cash flow for 2024 due to production challenges and regulatory delays in China.

For more bearish takes, be sure to see these posts:

Tesla Layoffs To Continue Through June, Morale Low Among Workers

Netflix’s ‘Baby Reindeer’ Could Face Legal Action, Piers Morgan Says It’s A ‘Big Problem’ For The Platform And Richard Gadd

Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Image generated using artificial intelligence via Midjourney.

Continue Reading...

Popular

Nvidia Is Now Part of $3 Trillion Market Cap Club - Ad

Nvidia has become the third company ever to have a market cap greater than $3 trillion. And now, Nvidia is pivoting to the next AI frontier it plans to conquer. This recent move is valued at $1 trillion... at least. A small handful of Nvidia's other partners could see their own stocks benefit from it.

Elon Musk Says Donald Trump Calls Him For No Reason: 'I Don't Know Why'

Tesla CEO Elon Musk unveiled details of his interactions with former President Donald Trump during the company's shareholder meeting.

America's 'Silent Invasion' - Is Your Town in the Crosshairs? - Ad

A silent invasion is happening all over America. It has nothing to do with the border but will end with even more disastrous results. Why? A faceless entity is coming by air, rail, port, and highway. What does it mean for you and your money? There's still time to prepare, but you must act today.

Canadian airline WestJet begins canceling flights as mechanics threaten to strike

Canadian airline WestJet has begun canceling some flights in anticipation of a strike by aircraft maintenance technicians, saying it wants to avoid having passengers and planes stranded if there is a walkout.

From Nvidia's Stock Split, Intel's Revitalized AI Strategy To Tesla's Chip Saga: This Week In The World Of AI

Industry giants Nvidia and Intel made major moves this week, including a 10-for-1 stock split and new AI chips. Foxconn also predicts AI server sales surge.

Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem - Ad

Nvidia is the hottest company in the world thanks to its chip business. But here's the thing: Nvidia is making a massive $1 trillion pivot ... To solve AI's biggest problem. But it's not making this move by itself. A new set of companies are partnering with Nvidia in this trillion-dollar venture.

Nvidia 10-for-1 stock split goes into effect after stock price for the chipmaker doubled this year

Nvidia's 10-for-1 stock split goes into effect on Monday, giving investors nine additional shares for every one that they already own.

Kim Jong Un's Sister Warns Of 'New Counteraction' Against South Korea Over Loudspeaker Broadcasts And Leaflets

The influential sister of North Korean leader Kim Jong Un, Kim Yo Jong, has issued a stern warning to South Korea regarding the resumption of loudspeaker broadcasts and leaflet distribution.

This Election Shocker Could Be Worse Than Trump's Conviction - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just dropped this Trump election bombshell. For the sake of our country...I hope he's wrong. Because if he's right, you need to prepare now.

Tesla Tequila Is Back: Here's How Much Latest Collectible Will Cost You

Tesla has reintroduced tequila in collectible lightning-shaped bottles. Here's how you can get one and how much it will cost you.

Ex-CIA Insider Exposes How Dems Could Rig the Election - Ad

In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.

How These 2 Nasdaq-Listed Marijuana Companies Found A Way To Raise $250M Without Tanking Their Stock

This week's Viridian Valuation Tracker investigates the valuation metrics of Canadian cultivation and retail companies with market caps over $100M.

MAJOR BUY SIGNAL: Move Fast, Washington/Pelosi/Mill... - Ad

His system has found stocks that soared 1,174%, 2,123%, and 11,422%. But one investment he just uncovered in Washington D.C. could be his biggest discovery yet. It involves President Biden, Nancy Pelosi, trillions of dollars -- and the biggest economic shift since 1958.

Does 'Sell In May And Go Away' Work For Bitcoin? This Researcher Crunched The Numbers

Crypto researcher TradeTheFlow challenged the prevailing notion that summer is a dull period for cryptocurrency markets, particularly Bitcoin (CRYPTO:

Out of Control - Ad

If you're an American, you cannot deny... The situation at America's southern border is out of control. But there's another invasion happening at the same time -- and I'd wager the majority of Americans have no idea it's happening all around them. I dug into the information -- and what I've found is startling.

The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad

This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".

Stuck at sea for years, a sailor's plight highlights a surge in shipowner abandonment

Abdul Nasser Saleh says he rarely got a good night’s sleep during the near-decade he spent working without pay on a cargo ship abandoned by its owner at ports along the Red Sea.

Walmart offers new perks for workers, from a new bonus plan to opportunities in skilled trade jobs

NEW YORK (AP) — is offering new perks for its hourly U.S. workers, ranging from a new bonus plan to opportunities to move into skilled trade jobs within the company.

[Urgent] Your ESG Score Is Here - Ad

As we speak, the powers that be are building a full-scale social credit system... And soon, it could be used to control the way you live your life. Legendary financial forecaster, Dr. Martin Weiss recorded an urgent message on how to prepare, including the three steps you should consider RIGHT NOW.

GM board approves another $6 billion share repurchase as the automaker gains momentum

WASHINGTON (AP) — General Motors approved another $6 billion share repurchase as the Detroit automaker continues to build momentum in 2024.

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

Toyota's Certification Crisis Extends Beyond Japan, Could Impact EU Operations

Toyota Motor Corp. faces severe implications worldwide after discrepancies in vehicle certifications breach United Nations standards, impacting operations across 62 countries including the EU.

Another Blow For Kremlin? This Key Russian President's Ally Is Quitting Moscow's Rival To NATO

Armenia has announced its intention to withdraw from the Russian-led Collective Security Treaty Organization (CSTO), signaling a major blow to President Vladimir Putin's alliance strategy.

Where Buffett, Gates, and Bezos Are Investing Now - Ad

Billionaires are plowing millions of dollars into a new technology that early estimates say could generate more wealth than A.I. -- and determine the future of companies like Microsoft. The problem? Most investors have no idea it's happening, or how to profit on it. This expert just went public with all the details, including which stocks to jump on immediately.

California lawmakers fast-track bill that would require online sellers to verify their identity

SACRAMENTO, Calif. (AP) — A California bill that would require marketplaces like eBay and Nextdoor to start collecting bank accounts and tax identification numbers from high-volume sellers who advertise online but collect payments offline was fast-tracked by Democratic lawmakers with committees voting on it Tuesday.

General Motors Adjusts EV Production Target, Resumes Cruise Operations In Houston

GM's Cruise resumes operations in Houston. The company adjusted its EV production target; approved $6B stock buyback.

"America's No. 1 Retirement Stock" (Name Inside) - Ad

According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?

Florida jury finds Chiquita Brands liable for Colombia deaths, must pay $38.3M to family members

Banana giant Chiquita Brands must pay $38.3 million to 16 family members of people killed during Colombia's long civil war by a violent right-wing paramilitary group funded by the company, a federal jury in Florida decided.

Why BioSig Technologies (BSGM) Shares Are Down Over 60%

BioSig Technologies shares are trading lower by 67% during Tuesday's session. The company said it was notified by the Nasdaq Hearings Panel that its common stock will be delisted.

Exposed: 3 Cent Crypto to Explode June 24th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on June 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Inflation data this week could help determine Fed's timetable for rate cuts

WASHINGTON (AP) — After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful this year — a prelude to eventual interest rate cuts.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service