- Benzinga has featured a look at many investor favorite stocks over the past week.
- That includes the outlook for companies behind some consumer favorite brands.
- The prospects for some technology stocks were also examined as the Nasdaq hit a new high.
This past week was the heart of the first-quarter earnings reporting season, and results overall continue to be strong. The major indexes took aim at all-time highs again, with the Nasdaq reaching the 6,000 milestone for the first time. Tech stocks were well-represented among the investor favorite stocks featured by Benzinga during the past week. But so were some consumer favorite brands, including the following.
Consumer Favorites
"A Case Study In Consolidation: Chipotle" by Shanthi Rexaline reviews why shares of Chipotle Mexican Grill, Inc. CMG have hit a new 52-week high after the company recently said it would raise prices. The article offers a technical view of the stock, as well as how to trade a stock in a consolidation phase, as Chipotle has been. Is caution warranted?
In "What Donald Trump And Warren Buffett Have In Common," Elizabeth Balboa examines the love that the Commander in Chief and the Oracle of Omaha have for products of The Coca-Cola Co KO, as well as its shares. See which of them once joked, "I'm one-quarter Coca-Cola," and which man is worth more now.
Brett Hershman's "Why Under Armour Needs To Stop Trying To Compete With Nike" takes a look at why Under Armour Inc UAA posted its first quarterly loss in the company's public history. See why one expert believes it should shift its focus away from competing with its larger rival and hone in on what it does best.
Tech Stocks
Good visibility, favorable pricing and integration synergies are among the reasons one analyst cited for why Western Digital Corp WDC should have a good second half, according to "Western Digital: This Should Be A Good Year" by Shanthi Rexaline. Is it a secular growth business or a cyclical boom/bust story?
In Joel Elconin's "Micron Traders Not Impressed With Microsoft Partnership," see why Micron Technology, Inc. MU at least initially failed to get a boost from its announced Internet of Things focused partnership with software giant Microsoft Corporation MSFT.
"Don't Mind The Profit-Taking; Skyworks Set Up For A Strong 2017" by Jayson Derrick focuses on Skyworks Solutions Inc SWKS in the wake of its better-than-expected earnings report and rosy guidance. See what its tailwinds are, and find out if this is a good entry point for investors.
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Image Credit: By Joseph Keppler (Austria, Vienna, active United States, 1838-1894), Bernhard Gillam (United States, 1856-1896) - Image: http://collections.lacma.org/sites/default/files/remote_images/piction/ma-31672647-O3.jpgGallery: http://collections.lacma.org/node/688181, Public Domain, via Wikimedia Commons
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