Benzinga's Bulls & Bears For The Past Week: Tesla And The Auto Parts Retailers

  • Benzinga has featured a look at many investor favorite stocks over the past week.
  • Some of those calls featured the troubled auto parts purveyors.
  • Other calls focused on Elon Musk's electric car maker.

It may have been a holiday-shortened week, but Benzinga continued to feature a look at the prospects for many investor favorite stocks.

While it may be the season for cruising and summer road trips, it was other auto-related news that had much of the focus of investors this past week. Specifically, the collapse of the auto parts retailers and of the leading electric vehicle maker. In both cases the sell-offs can be traced back to company guidance, helped along by a big downgrades from the likes of Goldman Sachs and Morgan Stanley.

Auto Parts Retail

"When The Bellwether Doesn't Ring: Here's Why The Auto Parts Plunge Didn't Affect Other Sectors" by Jayson Derrick takes a look at why the entire stock market didn't move lower in sympathy with the auto parts stocks after O'Reilly Automotive Inc ORLY offered disappointing numbers.

In "Advance Auto Parts A 'Fixer Upper' Story At An Attractive Entry Point," Derrick examines whether Advance Auto Parts, Inc. AAP has now become a compelling investment after a nearly 40 percent drop since the start of 2017. Find out what makes this stock a "fixer upper story" according to one key analyst.

Shanthi Rexaline's "Morgan Stanley: 'We've Been Wrong' On DIY Auto, Downgrades O'Reilly, AutoZone" not only shows why the analyst confessed its mistake, but which auto parts retailers it says will continue to suffer, including AutoZone, Inc. AZO, and which still have some upside potential.

For something a little different, check out "Value Stocks Are Gaining Popularity Among Investors."

Tesla

A Goldman Sachs analyst remains extremely bearish on Tesla Inc TSLA, according to "Skeptical Of Model 3, Goldman Now Sees 50% Downside For Tesla" by Merrick Weingarten. See what prompted this key analyst to reiterate his Sell rating and lower his price target, and what effect that had on Tesla shares.

In Elizabeth Balboa's "Munster Compares Tesla's Model 3 To Apple's iPhone: 'It Could Change The World'," the analyst commentary is somewhat more positive. Will Tesla's Model 3 be as big a disruptor as the first iPhones were? How does it stack up against the competing Camry, and what can Tesla shareholders expect?

"Pivotal Checkpoint: The Bull And Bear Sentiment Around Tesla" by Wayne Duggan features a rundown of the pro and con cases for Tesla as the EV maker rolls out its first ever Model 3. Will the company become the next great transformative tech giant? Do the current fundamentals support the stock's steep valuation?

Also find out what "Cramer's Golden Rules For Stock Picking"  have to offer.

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