1 Stock To Buy, 1 Stock To Dump When Markets Open: Deere, DoorDash
Stocks on Wall Street rose on Friday, with the and closing at new records after shockingly bad U.S. subdued concerns the Federal Reserve would taper its stimulus program anytime soon.
However, the major averages ended mixed for the week, with the Dow and S&P 500 climbing 2.7% and 1.2% respectively, while the tech-heavy fell 1.5%.
This week we’ll see another batch of high-profile earnings reports like Walt Disney (NYSE:), Alibaba (NYSE:), Palantir Technologies (NYSE:), Coinbase Global (NASDAQ:), and Airbnb (NASDAQ:), plus additional important economic data, including the latest U.S. , making this week an eventful one.
Regardless of which direction the market goes, below we highlight one stock likely to be in demand and another which could see further downside.
Remember though, our timeframe is just for the upcoming week.