Stocks to Watch: Tesla, Seagate, and more...

Top Stocks of the Week

Inside.com Part of   Network January 28, 2023

Hey Insiders,  All three major indexes were up this week as the Nasdaq climbed by 4.03%, the S&P 500 gained 2.32%, and the Dow gained 1.61%. Positive economic data and some solid fourth-quarter earnings primarily drove these gains.  Interestingly, of the companies that saw the largest increases this week, few were expected to rise, and many actually have low buy ratings from Wall Street and low expected performance in the next 12 months.  Today we will look at the seven best-performing stocks of the week and how Wall Street expects them to perform in the coming months.  Upward and Onward,  Liam

Stock to Watch: Tesla (NASDAQ: TSLA) Tesla was up 25.5% this week.  The stock has a buy rating from 50% of the Wall Street analysts tracking the company. Analysts believe the company's stock will rise by 18.9% in the next 12 months.

Stock to Watch: Seagate Technology (NASDAQ: STX) Seagate was up 17.8% this week.  The stock has a buy rating from 34.6% of the Wall Street analysts tracking the company. Analysts believe the company's stock will fall by 3.9% in the next 12 months.

Stock to Watch: Western Digital Corporation (NASDAQ: WDC) WDC was up 14.2% this week.  The stock has a buy rating from 42.9% of the Wall Street analysts tracking the company. Analysts believe the company's stock will fall by 1.2% in the next 12 months.

Stock to Watch: Capital One (NYSE: COF) Capital One was up 13.3% this week.  The stock has a buy rating from 36% of the Wall Street analysts tracking the company. Analysts believe the company's stock will fall by 3.8% in the next 12 months.

Stock to Watch: Nvidia (NASDAQ: NVDA) Nvidia was up 13.3% this week.  The stock has a buy rating from 54.5% of the Wall Street analysts tracking the company. Analysts believe the company's stock will fall by 0.7% in the next 12 months.

Stock to Watch: American Express (NYSE: AXP) American Express was up 12.9% this week.  The stock has a buy rating from 34.5% of the Wall Street analysts tracking the company. Analysts believe the company's stock will fall by 3.5% in the next 12 months.

Stock to Watch: Warner Bros Discovery (NASDAQ: WBD) WBD was up 12.8% this week.  The stock has a buy rating from 50% of the Wall Street analysts tracking the company. Analysts believe the company's stock will rise by 37.2% in the next 12 months.

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Liam Gill is a founder, lawyer and investor. He previously founded Fumarii Technologies, which became a top 20 ranked cloud computing service (Yahoo Finance! 2019) valued at over $30M. He holds an LLB Laws (UK), MSc Management and Master of Laws and currently practices law in Vancouver, Canada.   Editor Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords.

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