Tesla Stock Is Near $1,000: Is It a Buy, Sell, or Hold?

Shares of Tesla (NASDAQ: TSLA) have surged recently, briefly crossing $1,000 per share earlier this week. Though shares have pulled back to around $950 more recently, the stock is still notably up more than 120% year to date. This, of course, obliterates the overall market. The S&P 500, for instance, is down 5% so far in 2020.

The growth stock's torrid momentum has likely turned the heads of many investors. Some of those investors may be wondering if they should buy shares. Further, some current shareholders may be wondering if they should take their profits after such an incredible run-up.

Here's a look at Tesla's business and the stock's valuation today to help investors decide whether shares are a buy, sell, or hold.

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Source Fool.com