Thursday, February 6, 2025

Top 5 This Week

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Apple, Palantir, Walmart, Home Depot — Analyst Predicts Dogecoin to Outshine Bitcoin by 2025

Recently, investors have been abuzz with discussions about some prominent stocks and predictions. From Apple, Palantir, and Walmart to Home Depot, there’s a lot to unpack. Moreover, an intriguing prediction has emerged, suggesting that Dogecoin might outperform Bitcoin by 2025. Let’s explore these updates in detail.

The three major stock indices showed gains last week, with the S&P 500 elevating by 1.36%, the Dow advancing by 1.62%, and the Nasdaq climbing 1.49%. Remarkably, the S&P 500 has surged over 19% this year alone.

In a surprising move, the Federal Reserve reduced interest rates by 50 basis points in September, beyond the anticipated 25-basis-point cut. This proactive stance, as articulated by Fed Chair Jerome Powell, aims to bolster the labor market. Powell indicated potential future rate cuts, emphasizing a data-driven approach rather than a drastic policy overhaul.

Every day, Benzinga offers insights into the stocks that captivate investor interest. Here, we spotlight some of the standout bullish and bearish analyses from the past week.

Bullish Outlook

In the article “Palantir ‘Key Enabler’ Of Clients’ Businesses, Says Bullish Analyst, As CEO Alex Karp Touts 10-Fold Growth From Current Levels,” Shanthi Rexaline delves into Palantir Technologies Inc‘s PLTR potential for substantial growth. CEO Alex Karp emphasizes the company’s pivotal role in client success, with BofA Securities setting a bullish $50 price target.

“Walmart Division Sam’s Club Raises Wages For Hourly Associates: A Strategic Move To Stay Ahead In Retail,” penned by Anusuya Lahiri, explores how Walmart Inc.‘s WMT Sam’s Club is investing in higher wages for nearly 100,000 frontline workers to enhance retention and performance, with hourly pay seeing a 3%-6% increase.

Additionally, “Dogecoin Will Outperform Bitcoin In 2025, Vows Trader: Here’s What The ‘Follower Effect’ Means,” by Khyathi Dalal, discusses a trader’s prediction that Dogecoin DOGE/USD will surpass Bitcoin BTC/USD in 2025, leveraging its rapid ascent and the “follower effect” from Bitcoin’s trajectory.

Other notable bullish calls from the past week include:

  • Qualcomm Analyst Sees Opportunity In ‘Regaining Share With Samsung’ After Apple Revenue Squeeze
  • MicroStrategy 2X Leveraged, Inverse ETFs Are Here, Offering ‘Unparalleled Access To MicroStrategy’s Bitcoin Exposure’
  • Nvidia Considers $165M OctoAI Acquisition, Aiming to Strengthen AI and Cloud Dominance

Bearish Concerns

Chris Katje, in “Apple iPhone 16 Pre-Orders Show Possible Low Demand, One Sign Could Point To Company Break With This Employee Rule,” raises an alert over sluggish demand for Apple Inc‘s AAPL iPhone 16, citing early pre-order figures and unusual early employee discounts as indicators.

Mark Putrino’s “Home Depot Agrees To Settlement, While Overbought Signals Warn Of Potential Sell-Off,” examines Home Depot Inc‘s HD $2 million settlement over pricing disputes alongside technical signs suggesting a potential stock sell-off.

Shanthi Rexaline, in “Brace For Stagflation After Fed’s Benevolence, Warns Analyst, Raising 5 Corporate Red Flags: ‘Inflation Is Transitory Mistake All Over Again’,” discusses Gordon Johnson‘s concerns that recent Federal Reserve rate cuts might spark stagflation, highlighting downturn risks at Skechers U.S.A., Inc. SKX and FedEx Corp. FDX.

For further bearish analyses, consider these articles:

  • Donald Trump Can Cash Out His Trump Media & Technology Stock, Keep Company Control: Here’s How Many Shares He Owns
  • ‘Mass Slaughter’: Wealth Manager Warns Of Market Correction, Digital Disruption As ETF, Passive Investing Goes Up And To The Right
  • EXCLUSIVE: Options Expert Warns Of ‘Terrible Week’ After Friday’s Triple Witching

Stay updated on the latest news and insights by following Benzinga on Twitter.

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

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

Market News and Data brought to you by Benzinga APIs

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