Most S&P 500 investors believe that Tesla stock is the best possible investment. However, it turns out that you could perform far better. According to an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith, two stocks in the S&P 500, S&P 400 and S&P 600, including consumer discretionary XPEL (XPEL) and consumer staple Celsius Holdings (CELH), outperformed shares of Tesla Inc ( NASDAQ:TSLA ) both in the last five and ten years. Let’s put some money and numbers behind this discovery. If you had invested $10,000 in XPEL ten years ago, you would have an astounding $4.7 million. If you had invested that $10,000 in Celsius ten years ago, you would likewise have $3.2 million. Both exceed the “mere” $1.2 million that your $10,000 would have been had you consistently invested in Tesla shares. Also, disregard the S&P 500. Just 155% more, or $25,537, would be earned on a $10,000 investment in the S&P 500.
Tesla’s stock has recently been having some difficulties. That’s letting in new leadership. Wedbush analyst Dan Ives stated, “Tesla had some delivery problems in the quarter with some isolated weaker areas in China.” Although Tesla’s justification makes sense on paper, the Street won’t be persuaded, and unresolved concerns about demand challenges will continue until we learn about year-end unit guidance on Tesla’s conference call on October 19th.
However, other investors aren’t sitting around hoping to profit from something other than Tesla shares.
Considering Purchasing Tesla Stock
Tesla stock is difficult to outperform . It requires ...
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