Top 5 Trading Ideas Of The Week

Among the trading ideas this week, there were five that stood out: 1.

is more of a luxury stock than a tech stock, and should be viewed as such, said Kristin Bentz, President at Talented Blonde, LLC. His

, titled 50 Shades of Meh., mentioned that the Apple Watch looks "pedestrian" and that the $10,000 price point for the gold version reflects "no unique selling proposition for the consumer." 2. Shares of

plummeted 4 percent to $30.91 in Thursday's session, with investors

for 1Q. The company lowered its first quarter sales outlook to $12.5-$13.1 billion from $13.2-$14.2 billion on account of the strong US dollar and a weak economy in Europe. 3. Apple shares climbed $1.72 to $123.96 in Thursday's session. There is "formidable resistance" at the $129.50 level, a price point at which the stock got to multiple times earlier in March,

, the co-host of Benzinga's PreMarket Prep. The stock traded at $129.57 on Monday, the day on which Apple hosted its special event. 4. Shares of

dipped 2.7 percent to $82.05,

in C-Suite, in which the company dismissed Yilei Wang, chairman of the Tmall and Juhuasuan platforms. 5. Apple Inc investors need to see the "wow" factor in Apple Watch. "If they're able to deliver the ‘wow' factor, the stock

," Sarhan Capital Founder and CEO Adam Sarhan said. The company is in a "unique situation, because watches in general have lost their status of a functional item that tells time," Sarhan explained.