Is Now The Time To Buy Stock In Peloton, Uber, Apple Or Carnival?

Benzinga2021-03-15

One of the most common questions traders have about stocks is “Why Is It Moving?”

That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.

Here’s the latest news and updates for Peloton, Uber, Apple and Carnival.

Peloton Interactive Inc (NASDAQ: PTON) shares were trading lower Friday as growth stocks dipped for the session amid a rebound in yields.

Additionally, the reopening process and recently approved COVID relief bill has driven a rotation out of "stay-at-home" plays and into cyclical names that would benefit from an economic rebound.

Uber Technologies Inc (NYSE: UBER) shares were trading higher Friday after Daiwa Capital analyst Jairam Nathan upgraded the stock from Outperform to Buy.

Apple Inc (NASDAQ: AAPL) shares started moving upward midday on Friday, as one analyst said Apple could reach a market cap of $3 trillion, or $1 trillion more than its current market cap once Apple cars hit the road.

On Friday, Citigroup analyst Jim Suva estimated California-based Apple could increase its market cap by 50% in the years ahead, depending on how it rolls into the electric vehicle market. Read our full report here.

Carnival Corp (NYSE: CCL) shares were trading higher Friday on travel optimism amid the COVID-19 vaccine rollout. EU nations are reportedly pushing to relax travel bans.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • eeez
    2021-03-15
    eeez
    Ccl 
  • FT585
    2021-03-15
    FT585
    Apple
  • thammada
    2021-03-15
    thammada
    Apple is interesting, especially with the upcoming March event
  • quack
    2021-03-15
    quack
    like and comment pls
  • JLX
    2021-03-15
    JLX
    Apple maybe
  • Kenny77
    2021-03-15
    Kenny77
    Apple the star
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