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Shares of electric-car maker Tesla (NASDAQ: TSLA) have been on an absolute tear in 2024, rising more than 70% as of this writing. This obliterated the S&P 500 's 25% gain during this time.
But for the rest, buying Tesla's stock at today's valuation is probably too risky, even though there's strong momentum for the stock price to advance further in 2025. It's better to be safe than ...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Tesla wasn’t one of them. The 10 stocks that made the cut ...
As a result, investors are speculating that Tesla will benefit from the incoming administration's policies, which is why most of the gain in its stock for 2024 occurred after Election Day on Nov. 5.
With Tesla already trading at a market cap of $1.5 trillion and a P/E ratio of 200, the stock seems more likely to underperform than not next year, despite the current investor enthusiasm.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now. The 10 stocks that made the cut could produce monster returns in the ...