Editor's Note:This Week's Bullish Stocks in Hong Kong and the USThis section closely follows market trends every week, reviews the weekly performance of the Hong Kong and US stock markets, and helps mooers sort out the hot sectors, strong individual stocks, and major news of the week, looking for investment themes with profit potential.
This week, the three major US stock indices had mixed performance, with the Nasdaq Composite Index briefly breaking through the 20,000-point milestone on Wednesday, setting a new all-time high. As of the Thursday close, $Dow Jones Industrial Average (.DJI.US)$ it had accumulated a decline of 1.63%, closing at 43,914.12 points; during the same period, $S&P 500 Index (.SPX.US)$ it had accumulated a decline of 0.64%, closing at 6,051.25 points; $Nasdaq Composite Index (.IXIC.US)$ An increase of 0.22% has been recorded, reaching 19,902.84 points.
In terms of specific stocks, Alphabet, Tesla, and a host of other technology giants have all reached new highs! The quantum chip has been launched with significant impact. $Alphabet-A (GOOGL.US)$ This week has seen a cumulative increase of 10%. $Tesla (TSLA.US)$ It has accumulated an increase of over 7%, and since the November election, it has surged by over 72%.
Recently, Alphabet announced the launch of its latest quantum computing chip, Willow, which has caused a huge stir in the global technology community. Alphabet claims that this tiny chip can complete computational tasks that would take supercomputers billions of years to solve, in just five minutes. Additionally, reports indicate that Alphabet plans to collaborate with Samsung to launch new smart glasses and VR headsets, aiming to lead in the next generation of computing over Meta and Apple.
Tesla's stock price has reached a historic high for the first time in three years, further increasing Musk's wealth, making him the world's first billionaire with personal assets exceeding 400 billion USD. At the same time, major Wall Street firms have raised their Target Prices. Goldman Sachs stated that Tesla is a leader in platform and power sectors, as well as in the broader field of clean mobility. Given the growing market interest in potential AI beneficiaries, Tesla's stock may maintain a high PE, reflecting long-term opportunities associated with Tesla's FSD or Siasun Robot&Automation.
After a site visit to Tesla's Gigafactory in Austin, Texas, Bank of America analysts are more bullish on the stock price. Tesla's Autonomous Driving and Siasun Robot&Automation business will lead growth, with significant progress in FSD adoption increasing, and the development of Optimus expected to accelerate, as new models will expand the Total Addressable Market (TAM) next year.
Related Reading:The Google Willow quantum chip has been launched with great impact! Which U.S. stocks are likely to take off as a result?
Announcing a reorganization! $Warner Bros Discovery (WBD.US)$ This week, it has increased by over 17%, as the company's streaming business diverges from cable television.
According to reports, Warner Bros Discovery has announced a significant restructuring plan, under the new structure, Global Linear Networks and Streaming & Studios will operate as two separate departments to enhance strategic agility and create potential opportunities for additional shareholder value, with this move expected to take effect by mid-2025.
The restart of production boosts stock prices significantly! $Boeing (BA.US)$ This week, an accumulated increase of nearly 9%, with future targets aiming for 50 aircraft per month.
Boeing resumed production a few weeks ago after experiencing a nearly seven-week-long strike by mechanics in the fall. The market is eager for the 737 MAX production recovery. According to FactSet data, Wall Street expects Boeing to deliver 360 aircraft in 2024. However, this number is insufficient to achieve profitability. At the beginning of 2024, before the emergency door latch incident occurred, Wall Street estimated that Boeing's delivery volume for 2024 would be around 700 aircraft, with a net income of about 3.5 billion dollars. However, afterward, Wall Street revised this forecast down to a loss of 8.9 billion dollars.
On the other hand, the following stocks performed weakly this week:
Editor/rice
