www.fool.com/investing/2023/02/22/...-buy-with-300-right-now/
Tesla's competitive advantages justify its premium valuation.
Membership Collective Group has such a long wait list that it can practically grow at will.
Motley Fool Issues Rare “All In” Buy Alert
Up 93% year to date, Tesla hit the ground running in 2023. But with shares still trading at around half of their all-time high, there is still room for investors to buy the dip.
The automaker's massive scale and profitability make it a great way to bet on the increasingly competitive electric vehicle (EV) industry. According to research from Bloomberg, more than half of the passenger cars sold in the U.S. will be electric by 2030.
With a price-to-earnings (P/E) multiple of 50, Tesla stock trades at a premium to the S&P 500's average of 22. But the premium looks justified considering its strong moat and rapid bottom-line growth rate. Fourth-quarter net income surged 59% year over year to $3.7 billion.
Tesla's competitive advantages justify its premium valuation.
Membership Collective Group has such a long wait list that it can practically grow at will.
Motley Fool Issues Rare “All In” Buy Alert
Up 93% year to date, Tesla hit the ground running in 2023. But with shares still trading at around half of their all-time high, there is still room for investors to buy the dip.
The automaker's massive scale and profitability make it a great way to bet on the increasingly competitive electric vehicle (EV) industry. According to research from Bloomberg, more than half of the passenger cars sold in the U.S. will be electric by 2030.
With a price-to-earnings (P/E) multiple of 50, Tesla stock trades at a premium to the S&P 500's average of 22. But the premium looks justified considering its strong moat and rapid bottom-line growth rate. Fourth-quarter net income surged 59% year over year to $3.7 billion.