Telsa Inc TSLA reported second-quarter financial results that came in ahead of Street consensus estimates Wednesday after market close. Analysts are sizing up the report and what’s ahead for the company. The Tesla Analysts: Baird analyst Ben Kallo has an Outperform rating and price target of $300 RBC Capital analyst Tom Narayan has an Outperform rating and price target of $305. Wedbush analyst Dan Ives has an Outperform rating and price target of $300. Needham analyst Chris Pierce has a Hold rating and no price target. Bernstein analyst Toni Sacconaghi has an Underperform rating and price target of $150. Morgan Stanley analyst Adam Jonas has an Equal-weight rating and price target of $250. Baird on Tesla: Kallo calls the second quarter a beat and maintains Tesla as a “Best Pick
U.S. News & World Report More Citigroup's 1Q Profit Surpasses Projections Aside from its high dividend, Citigroup also looks like a value stock at current levels, trading for less than eight times forward earnings and just 0.48 times book value.(GETTY IMAGES) The year 2022 was a lousy one for the stock market. Even after factoring in dividends, the S&P 500 fell 19.4% in those 12 months, while the tech-heavy Nasdaq composite took a 33.1% haircut. The catalysts behind Wall Street's sell-off are all too familiar: Inflation, soaring interest rates, persistent recession fears and the Russia-Ukraine war snowballed into an avalanche of worries that investors couldn't ignore, and many previously high-flying stocks took a beating as the "risk off" mindset came to dominate markets. This, tha
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Tesla (TSLA). This company, which is in the Zacks Automotive - Domestic industry, shows potential for another earnings beat. When looking at the last two reports, this electric car maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 5.79%, on average, in the last two quarters. For the most recent quarter, Tesla was expected to post earnings of $0.83 per share, but it reported $0.85 per share instead, representing a surprise of 2.41%. For the previous quarter, the consensus estimate was $1.09 per share, while it actually produced $1.19 per share, a surprise
@LukeTan:Strategy to invest in the US market that can give you at least 10% p.a 1. **Invest in a low-cost index fund.** This is the simplest and most effective way to invest in the US market. An index fund is a type of mutual fund or exchange-traded fund (ETF) that tracks a specific market index, such as the S&P 500. This means that when you invest in an index fund, you are essentially investing in a basket of stocks that represent the entire market. 2. **Invest for the long term.** The stock market is volatile in the short term, but it has historically trended upwards over the long term. This means that if you invest for the long term, you are more likely to achieve your desired return. 3. **Diversify your portfolio.** Don't put all your eggs in one basket. Instead, diversify your portfolio by
@VideoLounge:
[Live:Elon Musk plans Tesla and Twitter collaborations with xAI, his new startup]During a live audio session on Twitter, owner and chairman Elon Musk said his new AI startup, xAI, will use Twitter data for training the "maximally curious" artificial intelligence systems and products he hopes to build there.Other companies where Musk was a founder or serves as CEO, including Tesla, The Boring Co. and SpaceX, have done business together for years.The Tesla CEO also said his new artificial intelligence will collaborate with the automaker both on the "silicon front" and on the "AI software front." $Tesla Motors(TSLA)$
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Tesla (TSLA). This company, which is in the Zacks Automotive - Domestic industry, shows potential for another earnings beat. When looking at the last two reports, this electric car maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 5.79%, on average, in the last two quarters. For the most recent quarter, Tesla was expected to post earnings of $0.83 per share, but it reported $0.85 per share instead, representing a surprise of 2.41%. For the previous quarter, the consensus estimate was $1.09 per share, while it actually produced $1.19 per share, a surprise
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Tesla (TSLA). This company, which is in the Zacks Automotive - Domestic industry, shows potential for another earnings beat. When looking at the last two reports, this electric car maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 5.79%, on average, in the last two quarters. For the most recent quarter, Tesla was expected to post earnings of $0.83 per share, but it reported $0.85 per share instead, representing a surprise of 2.41%. For the previous quarter, the consensus estimate was $1.09 per share, while it actually produced $1.19 per share, a surprise
$Tesla Motors(TSLA)$ If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Tesla (TSLA). This company, which is in the Zacks Automotive - Domestic industry, shows potential for another earnings beat. When looking at the last two reports, this electric car maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 5.79%, on average, in the last two quarters. For the most recent quarter, Tesla was expected to post earnings of $0.83 per share, but it reported $0.85 per share instead, representing a surprise of 2.41%. For the previous quarter, the consensus estimate was $1.
$Tesla Motors(TSLA)$ If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Tesla (TSLA). This company, which is in the Zacks Automotive - Domestic industry, shows potential for another earnings beat. When looking at the last two reports, this electric car maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 5.79%, on average, in the last two quarters. For the most recent quarter, Tesla was expected to post earnings of $0.83 per share, but it reported $0.85 per share instead, representing a surprise of 2.41%. For the previous quarter, the consensus estimate was $1.