Tesla Inc’s incredible run to the upside – reporting nearly a 400% gain just this year – has left many a fundamental investor baffled.
Last month, Tesla reported its 4th straight quarter of profits which qualifies the company to join the S&P 500 Index. This inclusion will only fuel further investment from traders worldwide. The 5-for-1 stock split also seems to have spurred on traders to get involved, even if the underlying value and fundamentals behind the stock price remain unchanged.
Why are investors happy to buy Tesla for what seems to be a very large premium?
Join me below as I gather with this team of market professionals to dive into this puzzling topic further and uncover the answers to this and many other market queries.
You really need to get in here…
Trading legend Tom Busby has discovered a new market trend that could make you a consistent income.
Every year, certain stocks skyrocket on the same dates… year after year.
That means you could be making triple-digit returns with EACH one! I’m talking about gains like 230%, 248%, or even 350%.
And before this month ends, another stock is set to explode.