For all but a select few industries, the novel coronavirus represented the blackest of black swan events. This was especially the case for telecommunications equipment providers like Nokia (NYSE:NOK) and regional rival Ericsson (NASDAQ:ERIC). After trudging through some uncertain waters in 2019 due to the U.S.-China trade war, along with concerns about a global recession, 2020 offered hope. For instance, Nokia stock found itself up double-digit percentage points in early February.Source: RistoH / Shutterstock.com However, the Covid-19 pandemic immediately crushed that optimism. Although NOK has been through multiple health-related crises before – most notably SARS and the 2009 H1N1 outbreak – the coronavirus took such calamities to another dimension.To stem the tide against this rapidly proliferating virus, multiple countries, including the U.S., instituted broad lockdowns.InvestorPlace – Stock Market News, Stock Advice & Trading TipsThis was particularly harmful for Nokia stock as it meant that the underlying company would see progress in its 5G business come to a halt. After years of blunders and bad decisions, NOK was not in a position to treat setbacks as mundane affairs. * 7 Hotel Stocks to Buy Before Vacationing RestartsBut after diving to ridiculous lows around mid-March, Nokia stock has put on a remarkable recovery. Basically, shares are right back to where they were in the first half of February. Not only that, there's a case that NOK could continue moving higher.In mid-May, President Donald Trump issued a new rule that will prevent Huawei and its suppliers "from using American technology and software," according to the New York Times. Clearly, this move was aimed directly at China, for which Trump has consistently expressed disdain, first for China's intellectual property theft of U.S. assets and recently, for failing to contain the coronavirus.Economically, this backdrop sends a chill, unless you're holding Nokia stock. A Cynical Opportunity for Nokia StockBefore the pandemic, one of the biggest concerns that the U.S. had was China's growing global influence, particularly in the technology realm. Further, Trump was undoubtedly irked that China used American semiconductor components to essentially undermine U.S. tech dominance.As a new strategy to outsmart the Chinese, the Trump administration called on American tech firms to develop a uniform standard for 5G. By allowing 5G software developers to run code on any hardware, this uniformity helps eliminate the need for Huawei equipment, which is a leader in the 5G hardware space.Not only that, the measure found support from companies such as Microsoft (NASDAQ:MSFT), Dell Technologies (NYSE:DELL) and AT&T (NYSE:T). According to White House economic adviser Larry Kudlow:"The big-picture concept is to have all of the U.S. 5G architecture and infrastructure done by American firms, principally. That also could include Nokia and Ericsson because they have big U.S. presences."Usually, when your top competitor suffers a setback, that's a net positive for you. And when these politically motivated developments were occurring earlier this year, Nokia stock took off. However, assuming that the coronavirus pandemic never happened, this narrative for NOK would have faced stiff challenges.Primarily, as the Wall Street Journal noted, Huawei "has won fans globally — including small rural telecom carriers in the U.S. — for the quality of its equipment and technical support." Significantly, this sentiment extended to the U.K., which allowed Huawei to build part of its 5G infrastructure, to American objections.Of course, the coronavirus did happen, which completely changes the story for Nokia stock. Frankly, the world hates China. For example, Australia is rethinking its economic dependency on China after the Asian country balked against Australia's request for an independent inquiry into the novel coronavirus' origins. More Pain, More Gain for NOKBased on what I see politically, I don't think the Trump administration will let up on China. As you know, our country is wrestling with nationwide protests calling for social equality and justice. Amid this backdrop is an economic catastrophe where a sadly ridiculous number of Americans have filed for unemployment benefits.Judging from his words and actions, I'm 100% sure that Trump blames China for ruining his chances for reelection. Realistically, the only hope for the president is to target a foreign "other." From America's perspective, you couldn't get more foreign than China.To put it another way, we're on a determined path to hold China accountable. That's bad news for Huawei and excellent news for Nokia.Still, you don't want to dive into Nokia stock blindly. Let's not forget that China can just as easily retaliate against American businesses – and I'm not just talking about tech firms. Besides, NOK is technically overheated.But on a significant dip, I believe risk-tolerant investors should take a look at the telecom equipment provider. On a fundamental basis, the narrative has changed dramatically and favorably.A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. As of this writing, he is long AT&T stock. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * Top Stock Picker Reveals His Next 1,000% Winner * The 1 Stock All Retirees Must Own * Look What America's Richest Family Is Investing in Now The post Nokia Is a Cynical Beneficiary of the Trump Administration appeared first on InvestorPlace.

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* Benzinga has examined the prospects for many investor favorite stocks over the past week. * This week's bullish calls included semiconductor and casino stocks. * Cruise and electric vehicle stocks were among the bearish calls.The Dow Jones industrials ended last week more than 6% higher while the S&P 500 saw almost a 5% gain. That was due in part to a shockingly strong employment report for May and despite mounting unrest nationwide focused on racial inequities, police brutality and the federal response to protests. The Nasdaq lagged the other main indexes, up a little more than 3% for the week.As usual, Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are some of this past week's most bullish and bearish posts that are worth another look.Bulls Shopify Inc (NYSE: SHOP) has been among the best-performing stocks but remains a long-term winner, according to Elizabeth Balboa's "Why Shopify — And Not Zoom — Is The Stock To Chase Right Now.""Why BofA Recommends Buying GPU Plays AMD and Nvidia" by Shanthi Rexaline makes the case that Advanced Micro Devices, Inc. (NASDAQ: AMD) stock is still attractive despite its recent run-up.In "'Long Lines And Packed Flights': Casino Stocks Rise Following Vegas Reopening," Wayne Duggan shares why MGM Resorts International (NYSE: MGM) and others are accelerating their reopening plans.Priya Nigam's "Gilead Analyst: Coronavirus Drug, Arcus Collaboration Make Biopharma A Buy" suggests that consensus estimates for Gilead Sciences, Inc. (NASDAQ: GILD) appear overly conservative.For additional bullish calls, also have a look at "History Suggests Record 50-Day Stock Market Rally May Be Just The Beginning" and "Cramer Says The Latest Rotation Trend Is Driven By 'Ravenous Consumers.'" Bears One key analyst sees trouble ahead for Tesla Inc (NASDAQ: TSLA). So says "Tesla's China, Europe Performance Suggests Quarter Will Be One Of Automaker's Weakest, Says Gordon Johnson" by Shanthi Rexaline.Tanzeel Akhtar's "Morgan Stanley Deboards From Cruise Lines, Bearish On Carnival, Norwegian And Royal Caribbean" looks at why Norwegian Cruise Line (NYSE: NCLH) and its peers have a long slog to recovery."Ex-Whole Foods Exec Says Grocery Stores Need To Prepare For Next Disruption" by Jayson Derrick discusses why the likes of Kroger Co (NYSE: KR) likely are unprepared for further disruption of the national food chain.In Priya Nigam's "DocuSign's COVID-19 Quarantine Benefits Could Last Longer, But Not Enough To Move BofA From Sidelines," see why upbeat DocuSign Inc (NASDAQ: DOCU) results were not good enough.Be sure to check out "Pro Investor Says Market Isn't Pricing In China Risks" and "5 Reasons The Value Stock Rally May Run Out Of Steam" for additional bearish calls.At the time of this writing, the author had no position in the mentioned equities.Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.See more from Benzinga * Barron's Picks And Pans: Cisco, Gilead, Netflix, Wayfair And More * Benzinga's Bulls And Bears Of The Week: Boeing, SmileDirectClub, Tesla And More * Benzinga's Bulls And Bears Of The Week: Ford, Gilead, Microsoft, Intel And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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The graph showed positive stock market changes after Martin Luther King Jr.'s assassination and the police killings of Michael Brown and George Floyd.

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In this article we will take a look at whether hedge funds think Pluristem Therapeutics Inc. (NASDAQ:PSTI) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips […]

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The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

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We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]

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In this article we will take a look at whether hedge funds think Actinium Pharmaceuticals Inc (NYSE:ATNM) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips […]

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Elon Musk tweeted its ‘Time to break up Amazon’, after the tech giant said Musk’s upcoming COVID-19 book does not meet Amazon’s guidelines for sale.

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[Editor's Note: "Stay on the Sidelines While Delta (DAL) Stock Is Up in the Air" was originally published April 13, 2020. It is regularly updated to include the most relevant information.]Source: Markus Mainka / Shutterstock.com With investors jumping back into airlines, what's next for Delta Air Lines (NYSE:DAL)? The legacy carrier's shares have rallied 70% off their lows set in mid-May. While the novel coronavirus continues to impact air travel, Wall Street is betting on a swift recovery in DAL stock.However, many things remain uncertain. On one hand, air travel is slowly rebounding from its extreme lows in weeks prior. On the other hand, even if the novel coronavirus quickly fades away, it could be years until a rebound happens, as some industry leaders have predicted.InvestorPlace – Stock Market News, Stock Advice & Trading TipsYet, while airline stocks remain risky, Delta may be a cautious way to bet on a V-shaped recovery for the industry.Why? Delta is relatively stronger than legacy rivals like American Airlines (NASDAQ:AAL) and United Airlines (NASDAQ:UAL). That doesn't guarantee they will survive today's headwinds. Yet, being the "best of the worst" may be enough to justify a buy.Let's dive in, and see why it could be a shrewd move in hindsight to jump in at today's prices. What's Next for DAL Stock After Covid-19?The three major legacy airlines, American, Delta, and United, all face big trouble from the coronavirus. With the lion's share of their routes inactive, cash is quickly flying out of the window.Compared to the other two, is Delta stock a stronger rebound opportunity? At first glance, it's hard to say yes. As InvestorPlace's Mark Hake wrote Jun 1, the company continues to experience massive cash burn. The daily losses are coming down, from $50 million per day to $40 million per day. But, cash burn could continue through the end of 2020.Yet, they may have enough capital to wait things out. According to Raymond James' Savanthi Syth, the company has about 11 months of liquidity. And, with air travel slowly picking up, they can probably stretch that out a bit. * 10 M&A Deals I'd Love to See Happen in the Second Half of 2020 Previously, Stifel's Joseph DeNardi cited Delta as being financially stronger relative to rivals like American. That may not mean much as underlying demand remains depressed. But it could indicate this stock is the best legacy carrier to bet on for an industry rebound.However, a swift recovery remains a long shot. It may be up to five years before airlines recover from the coronavirus. Also, airline stocks could pull back again on the heels of additional bad news. Air travel may be slowly returning. But, with flights no more than 60% full, profitability will remain a challenge. Did Buffett Call the Bottom?Back in April, Warren Buffett sold Berkshire Hathaway's (NYSE:BRK.A, NYSE:BRK.B) stake in DAL, along with other airline stocks like American, United, and Southwest Airlines (NYSE:LUV).Given the big change in the operating environment for airlines, it makes perfect sense Buffett and Berkshire did a 180 on airline stocks.Best case scenario, airlines ride out the weak air travel market, and return to prior price levels a few years out. Worst case scenario? Government intervention fails to keep airlines afloat, they require additional bailouts/capital infusions, and their share prices fall to lower levels.In short, the thesis has changed on airline stocks. It's no surprise Buffett cut his losses.Yet, did the "Oracle of Omaha" call the bottom, as a Barron's article predicted in May? It looks like it. Granted, the near-term picture for airlines remains bleak. But, with the specter of air travel bouncing back sooner than predicted, it may be too late to go short airline stocks. Legacy carriers remain a high-risk proposition. But, by going long the "least broken" of the three, investors could see additional gains in the near-term. Buy DAL Stock, Even If Things Remain Up in the AirDelta has a stronger balance sheet than its legacy rivals. But it's all relative. With billions flying out the door each month due to the coronavirus, the company faces a tough road ahead. Travel demand may be slowly bouncing back. But that doesn't mean a swift return to profitability.Yet, bleak prospects have already been priced into this stock. Buffett may have called the bottom. Sure, investors could be getting ahead of themselves. But, Delta stock may move even higher as positive developments continue.Thomas Niel, contributor to InvestorPlace, has written single-stock analysis for web-based publications since 2016. As of this writing, Thomas Niel did not hold a position in any of the aforementioned securities. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post Should You Buy Delta Stock Before Travel Demand Returns? appeared first on InvestorPlace.

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