Is $Tesla Motors(TSLA)$ a buy or sell?
I asked this question to AI bot and here's the answer for sharing - I'll share my own point of view afterwards.
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Based on the analysis of Tesla Motors, here are some key points to consider:
Earnings Forecast: Analysts forecast that Tesla's earnings per share (EPS) for 2024FY will be $2.91 (USD), with a forecasted gross income of $106.91 billion (USD) and a forecasted EBIT of $10.22 billion (USD).
Capital Flow Analysis: The recent capital flow data shows mixed trends, with both inflows and outflows in the past five days. It is important to monitor the capital flow for any significant changes.
Trend Analysis: The current support price for Tesla is $174.51 (USD), while the resistance price is $184.51 (USD). The average cost is $197.08 (USD). As of the latest available data, the stock price is $175.22 (USD).
Valuation Analysis: Analysts have provided a range of target price estimates for Tesla. The mean target price is $192.88 (USD), with a low estimate of $24.33 (USD) and a high estimate of $320.00 (USD). The analyst recommendation is mixed, with 5 recommending, 12 buying, 21 holding, 7 underperforming, and 4 selling.
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Stock News: There is a mix of bullish and bearish news for Tesla. Some bearish news includes concerns about Tesla's sales decline in Q1, a Wells Fargo underweight rating, and potential challenges in the EV market. Bullish news includes positive reactions to Tesla's EVs, optimistic statements from Elon Musk, and the achievement of reaching 6 million vehicle production.
It is important to note that the above analysis is for informational purposes only and should not be considered as investment advice. Investing in stocks involves risks, and it is recommended to conduct thorough research and consult with a financial advisor before making any investment decisions.
Last but not least....[Happy]
Personally, I have positions in$Tesla Motors(TSLA)$ so my opinion is biased. I will recommend a buy and hold and believe that it will definitely turn up and it will be a green year for Tesla in 2024![Miser] [Miser] [Miser]
Cheers!
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