3 Reasons to Buy Tesla, and 1 Reason To Sell
The market is made up of buyers and sellers. That means every transaction presumably has someone who believes in the prospects for the company and someone who doesn't. It shouldn't be controversial. Yet some stocks elicit such emotional responses -- both pro and con -- that the conversation shifts from the company to the aptitude of anyone with a different opinion.
Perhaps the best example of this is Tesla (NASDAQ: TSLA). The electric vehicle maker has cemented its place in Wall Street lore as the stock has climbed more than 800% in the past 19 months on the back of exploding profits. And many see more industries it could enter. But investors might be getting ahead of themselves bidding the company up to a market capitalization of nearly $780 billion. Here are three reasons to buy Tesla stocks and one reason to sell.
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Source Fool.com
