These 2 Stocks Are Rising, but Wall Street Disagrees About Their Futures
The topsy-turvy stock market in 2022 has kept investors on their toes, and even Wall Street professionals have had a tough time trying to figure out which way the market's winds are blowing. At various times during the year, it appeared that the worst was behind the market, only for analysts to discover that there was even more downside than they anticipated. That has played a key role in the steep declines in major stock benchmarks during the year.
As markets tried to recover on Thursday morning, shares of Netflix (NASDAQ: NFLX) and Bed Bath & Beyond (NASDAQ: BBBY) were among the winners in early trading. However, Wall Street has very different views on what the future could bring for these two companies, and analysts are showing a clear preference for one over the other. Read on to learn more of the details behind Wall Street's thinking and whether investors in these companies should feel comfortable with their holdings.
Shares of Netflix rose about 4% early Thursday. The streaming video pioneer got favorable comments from a financial institution that had previously been extremely pessimistic about the company's prospects.
Source Fool.com
