Coolkidz
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Honestly, nobody can claim he/she knows the bottom. there had been instances when market dropped sharply when when there are positive market news before, as market anticipates that this will provide support fir more rate hikes ahead to cool the inflationary environment. Good news had become good news indeed. So now with some "better than expected" earnings report and the bottom suddenly has been found?
Oppenheimer Says Most Stocks Have Likely Bottomed, Market Could Rally Before Year End
I think the bear is only taking a short break. It will be out in full force again. It pays to be patient.
Why Citi Says Itâs Finally Time to Start Buying Stocks
Dont risk your hard earned money in this downhill stock. It's current PE of 91.96 is highly unrealsiic and speculative, and not justifiable by fundamentals. There are loads of more worthy stocks out there.
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Stock split does not fundamentally change nor increase the stock value. The recent amazon split is a sober reminder and example. in fact, the share price dropped after the stock split Even though Amazon is a very solid and fundamentally strong stock. Hence, it is good to exercise caution.
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The singapore banks are some of the best you canfind. Good to be patient and watch for better price,given the current economic outlook.
3 Cheap Singapore Blue-Chip Stocks for Your Watchlist
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Yes, should be very worried at the moment. There are more downside risks than upside potential. Bear in mind also the growing competitions in EV as well. I suggest being cautious, at least for now.
Should Investors Be Worried About Tesla?
Us market will be a better investment and the upside potential will be more rewarding, though there are short term downside risk at the moment. If you look at the S&P500, it has always rebounded and achieve new highs after each bear.
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Like!
AMD, Nvidia Bulls See Opportunity In The Chip Space After Morgan Stanley Goes Overweight
Like! A timely reminder.đ
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Like!
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How can tesla compare to Alphabet? Tesla is no where near.
Better Stock-Split Buy: Alphabet Or Tesla?
Thank you for the article and timely reminder. I agree that tesla stock isnt attractive now and the high PE isnt justifiable. Besides, there will be fiercer competition for EVs in the market, which will further erde its profitability.
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I actually see long term prspect for this stock. The reasons cited in the article are general economic factors (Eg ecnomic outlook, competition) which affects the whole market, and not hust this stock. Hence, I have actually just bought this stock for longer term prospect.
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I think a lot more downside for tesla. There are many other better US stocks that are on sale now eg the faang stocks, which are better investments.
The Best Stocks to Invest $1,000 in Right Now
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