Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Forget Tesla: I Think This Stock Should Replace It in the "Magnificent Seven"


Struggling basketball players sometimes get replaced in their team's starting lineup. So do athletes who play other sports. Corporate executives, politicians, and TV personalities are subject to losing their spots as well.

This idea should apply to popular stock groups too, in my opinion. Look at (NASDAQ: TSLA), for example. It has lost more than half of its value since reaching a peak in late 2021. The electric vehicle maker's share price is down close to 30% so far this year. Tesla is a member of the so-called "Magnificent Seven" stocks, but it's without question the least magnificent of the group right now.

Here's my idea: Forget Tesla. I think another stock should replace it in the Magnificent Seven.

Continue reading


Source Fool.com

Tesla Inc Stock

€202.35
-0.520%
Tesla Inc shows a slight decrease today, losing -€1.050 (-0.520%) compared to yesterday.
Our community is currently high on Tesla Inc with 73 Buy predictions and 29 Sell predictions.
With a target price of 245 € there is a positive potential of 21.08% for Tesla Inc compared to the current price of 202.35 €.
Like: 0
NVO
Share

Comments