Tesla: Innovation at a Lofty Price to Shareholders
Whether you realize it or not, long-term investors were treated to something truly special in 2019. When the curtain closed, the benchmark S&P 500 had increased in value by approximately 32% (including dividends), which is more than four times its historical annual average return of 7%, inclusive of dividend reinvestment and when adjusted for inflation.
Perhaps best of all, many of the most popular publicly held companies galloped higher by a double-digit percentage last year.
But what makes the stock market a true market is variety of opinion. Right now, there's an extremely popular stock that I believe is priced for perfection and is therefore worth avoiding like the plague in 2020.
Source Fool.com
