A Bull Market Is Coming: 2 Reasons to Buy Tesla Stock Before It's Too Late
2022 was a challenging year for stock market investors -- especially those who put money in the tech-heavy Nasdaq Composite index, which is down a whopping 11% over the last year. While Tesla's (NASDAQ: TSLA) stock has hit the ground running in 2023, it is still underperforming the index, with its price down 32% over the same time period.
While there is still potential for black swan events or unexpected news to derail financial markets, a combination of falling inflation and robust economic data could mean the beginning of a new bull run in equities. Let's discuss why Tesla could make a great way to bet on it.
If you could go back in time to the decade from 2000 to 2010, would you invest in e-commerce or brick-and-mortar retail? For most people, the answer is e-commerce. Megatrends can generate epic returns, even if not every company makes it to the finish line. The electric vehicle (EV) industry may be in a similar situation to the one e-commerce was in two decades ago.
Source Fool.com
