Because of a rare situation unlike anything we've ever seen, Wall Street is now projecting a massive rise for this stock over the next 18 months. The consensus analyst price targets for the $30 stock are now up to $280. How is that possible? Well, when you see what this company actually does, you will understand.
If you think it's too late to get into EV stocks, think again. Our proprietary analysis indicates that the EV market is set to grow by 133% on average every year. Former Nissan executive Andy Palmer compares the shift to "moving from the horse to the car."
Tesla (NASDAQ:TSLA) stock momentum is clearly bearish amid investor concerns "over the potential for effects on consumer sentiment that could impact Tesla's business near term." From the recent discussions with Tesla investors, the analysts noted that some said they do not wish to be associated with the controversy surrounding Musk and Twitter.
Online furniture retailer Wayfair Inc. has been added to the list of "zombie" stocks compiled by independent equity research firm New Constructs.
The research firm, which uses machine learning and natural language processing to parse corporate filings and model economic earnings, warns there are tough times ahead for Wayfair W, "Companies that inherently struggle to produce real cash flows, like Wayfair, are at risk of their stock price going to $0," wrote New Constructs CEO David Trainer, in a note.
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