The Nasdaq just posted a strong weekly performance of +2.26%; however, Tesla (TSLA) shares posted even bigger gains, up 9.48% during the last 5 trading sessions. This was welcomed news for TSLA bulls after the roughly 38% year-to-date losses that Tesla had posted coming into its recent second quarter report.

After hitting all-time highs of $700.99/share in late 2021, Netflix has experienced a tumultuous first half of the year thus far during 2022, posting -62.2% losses on a year-to-date basis. Netflix struggled during the first several months of the year, due in large part to the risk-off trade that hurt many of the popular growth stocks in the market; however, the pace of its 2022 sell-off accelerated after the company’s first quarter report.

United Healthcare reported earnings on Friday of last week. It was the first major insurance company to do so. The company continued its trend of beating Wall Street estimates and rallied into the end of the week. UNH shares were up by 3.02% on the week, pushing its year-to-date gains up to 5.47%. This means that UNH is a major out-performer on a year-to-date basis (the S&P 500 is down by 19.46% during 2022 thus far). And yet, even with this relative year-to-date outperformance in mind, credible analysts are still bullish on UNH moving forward, projecting double digit upside potential.

J.P. Morgan (JPM) reported its second quarter earnings on Thursday, July 14th, missing Wall Street consensus estimates on both the top and bottom lines. The company posted revenues of $30.7 billion, which were $1.12 billion lower than consensus. JPM’s GAAP earnings-per-share totaled $2.76, which was $0.13/share below Wall Street’s average target.

J.P. Morgan (JPM) reported its second quarter earnings on Thursday, July 14th, missing Wall Street consensus estimates on both the top and bottom lines. The company posted revenues of $30.7 billion, which were $1.12 billion lower than consensus. JPM’s GAAP earnings-per-share totaled $2.76, which was $0.13/share below Wall Street’s average target.

On Friday news broke that Elon Musk was abandoning his plans to acquire Twitter. These headlines occurred after the stock market closed on Friday, yet during the after-market trading session, shares of Twitter (TWTR) fell by nearly 5% and shares of Tesla (TSLA) rose by nearly 2.5%.

Nobias has covered the Musk/Twitter saga with several articles/updates thus far and therefore, we wanted to see what credible authors have had to say about Musk’s new plans over the weekend. Furthermore, we wanted to take a look at the sentiment being expressed by credible authors and Wall Street analysts alike, regarding shares of Twitter and Tesla, both of which have been caught up in this M&A whirlwind for months.

Throughout 2022, defense contractors have been one of the few rays of sunshine for investors in the stock market. For months, positive sentiment has surrounded the defense stocks with talk of the U.S. and its NATO allies increasing the size of their defense budgets to combat the Russian threat. Many of the large U.S. defense players have posted strong positive total returns on a year-to-date basis, overcoming the inflationary headwinds, in large part, due to bullish momentum created by the war in Ukraine. However, in recent days, that tide has turned a bit, with large cap defense stocks posting negative returns over the last month.

Coinbase (COIN) was one of the hottest new stocks to begin public trading in 2021. The stock came public via a direct listing in April of 2021. At the time, market markers expected the stock to open trading in the $250 range; however, COIN shares opened trading in the $381 area. They quickly rose to $429.54 before trading down to $328.28, where they closed after their first day trading on the Nasdaq.

The last report we published was focused on Micron Technology’s recent earnings report, its updated guidance, and the prevailing bullish sentiment that the Nobias credible authors and analysts had on the company heading into the quarterly release. In that article, we mentioned that even though MU posted a mixed report and provided guidance which showed slowing growth, the stock was only down slightly in the after hours session. It turns out the market’s sentiment surrounding MU soured overnight and Micron ended up trading down nearly 3% during the trading session on Friday. Furthermore, the weak guidance provided by Micron resulted in an industry-wide sell-off in the semiconductor space, causing many of the largest companies to post outsized losses, driving share prices, in several cases, down to new 52-week lows.

Micron Technology, a large-cap player in the semiconductor space, is down by 42.27% year-to-date thus far. Micron just reported its fiscal 2022 third quarter results and coming into the report, the credible authors and analysts that the Nobias algorithm tracks were very bullish on shares. Despite immense fundamental volatility and recent share price weakness, MU has posted significant outperformance over the last 5 and 10-year periods. Therefore, we wanted to analyze the stock with the Q3 results in mind.

Altria (MO) has been known as a very reliable, defensive, dividend paying stock in the market for decades. The company is on a 52-year annual dividend increase streak. And, throughout much of 2022, MO shares have provided investors with a relatively safe haven in the markets, outperforming the S&P 500 by a wide margin (on a year-to-date basis, the S&P 500 is down 18.45% and Altria shares are down 9.53%). However, last week things changed, with the S&P 500 rising by 4.36% while MO shares fell by 5.01%. In recent days, MO has seen a slew of negative headlines, from an analyst downgrade to news that the FDA was banning products important to its long-term growth prospects. MO shares hit 52-week lows this week and yet, the credible authors and analysts that Nobias tracks continue to attach very bullish sentiment to MO shares.

Recently, iconic consumer brand Revlon (REV) announced that it was filing for bankruptcy. The company’s press release stated that REV was voluntarily filing for Chapter 11 reorganization, stating: “The Chapter 11 filing will allow Revlon to strategically reorganize its legacy capital structure and improve its long-term outlook, especially amid liquidity constraints brought on by continued global challenges, including supply chain disruption and rising inflation, as well as obligations to its lenders.”

Ford (F) shares have suffered mightily throughout 2022, falling by 48.42% on a year-to-date basis thus far. Analysts believe that automakers are square in the crosshairs of many of the major macro headwinds at play these days. Automakers are struggling with supply chain issues, the semiconductor shortage, rising interest rates, and soaring raw material costs. However, there are many who believe that these issues are short-term in nature and therefore, the fear related to them in the market today has created attractive opportunities for long-term investors. Ford appears to fall into this category, with an average credible analyst price target that implies immense upside potential.

Like so many technology stocks in today’s marketplace, Oracle (ORCL) shares were recently down as much as 25% on a year-to-date basis. However, unlike the majority of its peers, who have continued to experience negative momentum and bearish sentiment related to the macro rising interest rate environment, Oracle shares had a nice bounce recently, on the heels of an impressive earnings report. Furthermore, last week Oracle closed on a major acquisition which diversified the company’s revenue stream further into the healthcare arena, which is considered to be a durable growth area of the market.

2022 has been a terrible year for speculative growth stocks. Many former market darlings in the disruptive growth space are trading for just a fraction of what they were worth a year ago. One such company is Opendoor Technologies (OPEN), which fell 14.5% during Friday’s trading session (on the heels of the most recent inflation numbers), pushing its stock price down to levels approximately 77.5% below its all-time highs.

Fundamentally speaking, Pfizer (PFE) has been one of the biggest beneficiaries of the COVID-19 pandemic. This company’s earnings-per-share increased by 99% in 2021, rising from $2.22/share in 2020 to $4.42 last year. What’s more, analysts expect to see the company continue to grow its bottom-line nicely this year as well, with the current consensus EPS growth rate estimate for Pfizer’s 2022 EPS coming in at 46%. These gains are largely on the back of the company’s leading position in the COVID-19 vaccine race. And, while PFE has received a nice fiscal windfall because of its success in combating COVID-19, the question remains, how long will the COVID-19 cash flows last?

From Saleforce’s (CRM) IPO in mid-2004 to the end of 2021, shares rose from $11.00 to the stock’s current 52-week high of $311.75. For years, CRM was a juggernaut in the growth stock space, enriching shareholders with market beating results. However, CRM shares have experienced much more bearish sentiment throughout 2022 thus far.

Since its IPO back in 2004, Alphabet (GOOGL), which was then known as Google, has been synonymous with the high growth rates and strong alpha that has been generated by the big winners hailing from Silicon Valley. This stock has one of the world’s largest market capitalizations, at $1.48 trillion. The company has one of the world’s strongest balance sheets, with a AA+ Standard and Poor’s credit rating and nearly $134 billion of cash, cash equivalents, and marketable securities on the books as of the end of its most recent quarter. Alphabet shares have posted total returns of 128.67% and 684.08% during the last 5 and 10-year periods, respectively. Both of these figures are well above the total return results posted by the S&P 500 during the same period (during the last 5 years, the S&P 500 is up approximately 68.4% and during the last 10 years, the major index is up approximately 221%).

Nobias recently published a report on Wal-Mart’s (WMT) historic sell-off. WMT shares are down nearly 25.9% from their 52-week highs after falling more than 19.7% during the last week alone, representing the company’s worst weekly losses since the flash crash in 1987. This sell-off was largely inspired by the disappointing guidance that Wal-Mart provided during its recent Q1 report. WMT management made it clear to investors that inflation was hurting its margins and therefore, eating away at its profits.

Berkshire Hathaway (BRK.A)(BRK.B) hit an all-time high in late March. At the time, Berkshire shares were outperforming the broader market by a wide margin. Through March 31st, the S&P 500 was down approximately 5.5% on the year. Berkshire, on the other hand, was up roughly 17.3%.