We recently compiled a list of the 8 Best Cyclical Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against other best cyclical stocks to buy according to hedge funds.
That was quite a day.Tesla stock took off as investors weighed everything from a new battle between CEO Elon Musk and the Securities and Exchange Commission to Wall Street price targets to the latest inflation data.
Stocks were mixed on Thursday, with momentum stalling after the S&P 500 closed near record highs on Wednesday. Investors parsed fresh jobless claims data.
Technology stocks struggled across the board on Monday, including declines among all but one of the Magnificent 7 firms and a big hit to quantum computing stocks.
Tech was headed for a rough start to the week. Futures tracking the Nasdaq 100 tumbled 1.3% as investors fretted that a combination of sticky inflation and a red-hot labor market will mean the Federal Reserve doesn't have to cut interest rates at all in 2025.
Shares of Builders FirstSource (BLDR) and others in the homebuilding industry took off on optimism that the latest inflation report will make the Federal Reserve more likely to cut borrowing costs. Tesla (TSLA) shares advanced as Barclays analysts raised ...
Tesla wanted millions for a truck charging corridor stretching from California to Texas, but it appears that the government didn't find the proposal to be a very efficient use of federal dollars.
Tesla shares have been between $373 and $489 in the past 25 days. Tesla is at $394 per share. In October, Brian predicted that Tesla will reach $1000 by the end of 2025 and would reach $2500 by the end of 2027. In November, Brian predicted that Tesla will reach $450 by Feb 8, 2025. This is not and was not financial advice.
U.S. stock indexes drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies
Stock market on Wednesday, January 22, 2025, witnessed a mix of cautious optimism and volatility as investors responded to the latest economic reports and corporate earnings.
Tesla shares surged Wednesday after spending several weeks in the slow lane following a huge post-election rally. Monitor these key chart levels.
There wasn't much company-specific news today, so the across-the-board rally likely had to do with today's important inflation report. Inflation is a critical factor in demand for autos, as a car is a large-ticket item that is often financed by customers.