We recently compiled a list of the 8 Best Cyclical Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against other best cyclical stocks to buy according to hedge funds.
Tech was headed for a rough start to the week. Futures tracking the Nasdaq 100 tumbled 1.3% as investors fretted that a combination of sticky inflation and a red-hot labor market will mean the Federal Reserve doesn't have to cut interest rates at all in 2025.
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Why Tech Stocks Dropped Monday
Technology stocks struggled across the board on Monday, including declines among all but one of the Magnificent 7 firms and a big hit to quantum computing stocks.
Tesla shares have been between $373 and $489 in the past 25 days. Tesla is at $394 per share. In October, Brian predicted that Tesla will reach $1000 by the end of 2025 and would reach $2500 by the end of 2027. In November, Brian predicted that Tesla will reach $450 by Feb 8, 2025. This is not and was not financial advice.
Shares of Builders FirstSource (BLDR) and others in the homebuilding industry took off on optimism that the latest inflation report will make the Federal Reserve more likely to cut borrowing costs. Tesla (TSLA) shares advanced as Barclays analysts raised ...
Tesla wanted millions for a truck charging corridor stretching from California to Texas, but it appears that the government didn't find the proposal to be a very efficient use of federal dollars.
This causes a delay that can prevent the rearview camera from showing anything for longer than 2 seconds, which breaks the federal rules. Much like with the incorrect font size recall ...
U.S. stock indexes drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies
Wedbush Securities hiked its base case price target on Tesla (NASDAQ:TSLA) to $550 from $515 on its view that the golden age of autonomous, FSD, and Optimus has arrived. The firm has growing confidence in the demand delivery story for 2025 along with a fast tracking of the autonomous future under the Trump Administration.
U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.
Wall Street closed higher ahead of Trump's inauguration on Monday. Investors expect a flurry of executive orders, including on crypto and TikTok.
Stocks were mixed on Thursday, with momentum stalling after the S&P 500 closed near record highs on Wednesday. Investors parsed fresh jobless claims data.