Savvy Trades and Investments

[researcher59]

TSLA is a great company but still looks overvalued to me at roughly 100x analyst 2022 EPS estimates. Yes they are still growing rapidly but the competition increases with every passing quarter. Plenty of other companies will soon have EV's on the market.

Noteworthy too is that TSLA stock is up only a modest 6% over the past year, underperforming the broader market. It's gotten better for trading than holding.

 
 TKR    % Change   Cur Price      1/26/21  
  
 F        78%        19.91        11.19 
 $SPX     13%        4349.93      3849.62 
 TSLA     6%         937.41       883.09 
 GM       1%         52.35        52.04