Tesla: Sinking Ship Or Rocketship Ready To Launch? | FAST Graphs

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132.9 هزار بار بازدید - 2 سال پیش - Tesla (TSLA) has been one
Tesla (TSLA) has been one of the fastest growing companies on the planet based on sales growth. Earnings growth, however, has been more erratic in the past, but is beginning to generate strong growth. As far as the stock price is concerned, it has been a roller coaster. From the middle of 2018 through most of 2021 the stock price grew over 2500% for an average total annual rate of return of over 300% per annum. It could be argued that Tesla’s valuation was justifiable based on explosive earnings growth over that 4-year period. On the other hand, common sense would have suggested that the massive growth Tesla was generating based on earnings per share was unsustainable. In contrast, sales per share growth averaging over 23% was more sustainable and perhaps more realistic. Nevertheless, that level of sales growth suggested that Tesla was overvalued for the last quarter of 2020 and most of 2021. Finally, after an abysmal 2022 with the stock price falling over 65%, and dropping even further so far in 2023, the question is - has Tesla become a GARP (growth at a reasonable price) stock or a value trap. Although they do not ring a bell at the top or bottom of the market, it is certainly indisputable that Tesla is a much better investment in January 2023, than it was in January 2022. Although the bottom may or may not be in, Tesla appears interesting at current levels. Never forget, valuation matters and it matters a lot especially for growth stocks. This is the link to the previous Tesla Video:    • Tesla (TSLA) Great Cars, Perhaps Grea...   Try FAST Graphs for FREE: www.fastgraphs.com/ Disclaimer: FAST Graphs is a tool designed to reveal and present information related to financial data and investment metrics. It is not intended to provide specific advice or recommendations. Instead, it offers a comprehensive view of relevant data, empowering users to make informed decisions based on their own analysis. It's your first step to a more comprehensive research and due diligence process. In short, it is a tool to think with. The opinions in this video are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the stocks mentioned. #teslastock #investing #investingtips
2 سال پیش در تاریخ 1401/10/13 منتشر شده است.
132,963 بـار بازدید شده
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