1 Reason to Buy This "Magnificent Seven" Stock, and 1 Reason to Avoid It Like the Plague
The so-called "Magnificent Seven" stocks, a list that includes Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms, and (NASDAQ: TSLA), have led the market higher in 2023. And as a result, they continue to be on every investor's watch list.
But there's one company here that might have more potential than the rest. I'm talking about Tesla in particular. Its founder and CEO, Elon Musk, has huge ambitions. But before rushing to invest, it's best to understand both a bull and bear argument.
Let's take a closer look at one clear reason investors should buy this top electric vehicle (EV) stock, while also considering why it's a good idea to avoid it like the plague.
Source Fool.com
Tesla Inc Stock
€190.28
-5.450%
Our community is currently high on Tesla Inc with 71 Buy predictions and 28 Sell predictions.
With a target price of 245 € there is a positive potential of 28.76% for Tesla Inc compared to the current price of 190.28 €.
