Tesla: $900 Contingent Target

2020년 4월 25일

Tesla is one of those stocks that seem to keep going up. They had a hard hit during the Coronavirus period putting an end to a seemingly continuous bull run. It also has a large market spread of around $64.03, so price change can be more incremental in comparison to other stocks. Tesla is one of those stocks that analyst seem to short or bid against continuously, yet it keeps doing above the traditional growth expectations. Tesla also remained partially open due to its ventilator initiative, and the first 3 month of 2020 seemed like a good run for Tesla. This is why I'm not to skeptical of the earnings call in 4 days. Keep in mind my opinion isn't meant to be taken at face value or seriously, but that being said let us continue. If Tesla has a positive earning call, there is huge chance soon that it can reach a $900 threshold. However, if the earnings were negative or showed lesser growth, you could be looking at a price decrease to $500 a share for Tesla. This is why it is medium risk but has the potential of great returns getting it prior to the earnings call. Also, you can see a pattern of growth, a pattern of higher share offerings, and not too bad of a decline ratio. It seems like this should at the very least be on your watchlist. If you can remember in 2018, I was calling a $300 price target. This means a doubling in price happened within a 2 year period, and it could soon potentially be a tripling. This isn't even considered high growth, but stable growth. Tesla is a stable growth corporation that seems to be beating market expectations for the most part.