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Tesla Motors (TSLA)

2012 Top Pick Update
Tesla Motors (TSLA)

from Cabot Stock of the Month, recommended as a Top Pick for 2012 at $27 in the January 18, 2012, Investment Digest.

Tesla continues to thrill shareholders and confound experts who claim the stock is too high. Certainly, TSLA is overvalued by all traditional measures, but...

2012 Top Pick Update

Tesla Motors (TSLA)

from Cabot Stock of the Month, recommended as a Top Pick for 2012 at $27 in the January 18, 2012, Investment Digest.

Tesla continues to thrill shareholders and confound experts who claim the stock is too high. Certainly, TSLA is overvalued by all traditional measures, but the same has been true for most big winning stocks throughout history. And today, one more piece of good news arrived; in crash tests by the National Highway Traffic Safety Administration, Tesla’s Model S scored 99 out of 100, the highest score ever achieved by any car. I continue to rate TSLA a long-term buy, but caution once again that the potential for a serious correction — 30% to 40% — remains. BUY.

Timothy Lutts, Cabot Stock of the Month, www.cabot.net, 978-745-5532, August 20, 2013