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Tesla Moves Higher

publication date: Nov 3, 2019
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Image Shown: Tesla Inc saw its share price jump up after reporting solid third quarter earnings in late-October. 

Tesla posted solid third-quarter performance, and we appreciate its improving profitability metrics. That being said, we still prefer other capital appreciation opportunities out there. In our view, most of Tesla’s upside has already been factored into its stock price, which currently sits near ~$313 per share. We prefer General Motors Company, and GM is a holding in both our Best Ideas Newsletter and Dividend Growth Newsletter portfolios. Interested members can read more about why we like General Motors in this article here.


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