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Wayne Duggan

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Analyst Cuts Tesla Price Target By 50%, Names Top Auto Stock Picks For 2023

By Wayne Duggan
Today, 11:26 PM
Auto stock investors had a difficult year in 2022 as the industry suffered through supply chain disruptions and inventory unbalances.

ADNT

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Is Inflation Tamed? S&P 500 Kicks Off Year Optimistically, But Still Bumps In The Road For Tesla

By Wayne Duggan
Today, 11:26 PM
The S&P 500 traded higher in the opening week of 2023 on optimism the Federal Reserve is making progress on taming inflation.

BAC

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If You Invested $1,000 In Rithm Capital (RITM) Stock At Its COVID-19 Pandemic Low, Here’s How Much You’d Have Now

By Wayne Duggan
Today, 11:26 PM
Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two and a half years. But there was no question some big-name stocks performed better than others since the pandemic bottom.

FMCC

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This Day In Market History: Granville Warns Investors To ‘Sell Everything!’

By Wayne Duggan
Today, 11:26 PM
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Jan. 6, 1981, Joe Granville warned his newsletter readers to “Sell everything!” Where The Market Was: The Dow closed at 1,004.69 and the S&P 500 traded at 138.12.

DJIA

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Fed Minutes: Getting Inflation Under Control Still ‘Likely To Take Some Time’

By Wayne Duggan
Today, 11:26 PM
Inflation remains the central bank's top priority, according to the November meeting minutes released Wednesday by the Federal Open Market Committee.

SPY

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Merck Vs. Pfizer: Why Analyst Upgrades One Pharmaceutical Stock, While Downgrading Another

By Wayne Duggan
Today, 11:26 PM
The health care sector held up relatively well in a difficult year for stocks in 2022. On Wednesday, one analyst adjusted his coverage of two large cap pharmaceutical stocks heading into what could be a volatile 2023.

MRK

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Tesla Short Sellers Earned $15.7B In Profits In 2022

By Wayne Duggan
Today, 11:26 PM
Tesla Inc (NASDAQ: TSLA) was one of the worst-performing stocks in the market in 2022, but Tesla continued to be one of the best payoffs for short sellers.

TSLA

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Here’s How Tesla Short Seller Stanphyl Capital’s Fund Performed In 2022 As EV Maker’s Stock Tumbled

By Wayne Duggan
Today, 11:26 PM
After another brutal year in 2021, Tesla Inc (NASDAQ: TSLA) short sellers had their best year ever in 2022 as a combination of a difficult macroeconomic environment and some questionable decisions by Tesla CEO Elon Musk sent Tesla's stock price down

ARKK

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Is Elon Musk Really Done Selling Tesla Stock? He Has Said So 4 Times In The Past Year

By Wayne Duggan
Today, 11:26 PM
Shares of electric vehicle maker Tesla Inc (NASDAQ: TSLA) are down 71.7% year-to-date, making the stock one of 2022's worst performers in the entire S&P 500.

TSLA

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What’s Next For Stocks After S&P 500 Wraps Roughest Year Since 2008?

By Wayne Duggan
Today, 11:26 PM
The SPDR S&P 500 ETF Trust (NYSE: SPY) 500 declined for the fourth consecutive week as the stock market completed its worst year in more than a decade.

CAG

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