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Well hi there folks and welcome into this video here today one of the best analysts on all of wall street has come out and said that tesla stock is gonna go to a thousand dollars in a very short amount of time so we’re gonna look at exactly what this gentleman said i’m going to kind of dissect this okay we’ll kind of talk about this a bit in depth and i’m going to
Give kind of my opinion on kind of how i think about a scenario like this where stock i own like tesla for instance any analyst comes out and says it’s going to a thousand dollars in a very short amount of time so we’ll get into all that hope you guys enjoy this video as always all i ask in return is that you smash that thumbs up button as the banner says back
There wait wrong side over here okay right there all right and yeah i hope you guys enjoy this video as always here by the way we have a facebook group just so you guys know we actually just started this facebook group here so if you’re on the fb and want to join us check out the ping comment down there i think you guys will thoroughly enjoy that facebook group a
Lot of a lot of great knowledge in there and uh yeah which you know facebook has been a platform we haven’t even pretty much been on ever so yeah i hope to build a really good group over there on the fb by the way i just uh found this out a few days ago uh we got some dividend money from from the walgreens right 9 350 in the main account here you know i love gross
Stocks but man it is nice every once in a while when you collect that dividend money and then it’s like i just got 10k let me go buy some stocks of that 10k man that’s the one really nice thing about dividend stocks okay let’s get into this guys why does this person one of the best analysts on wall street think this stock is going to a thousand dollars very quickly
Well bush views china recall as bump in the road for tesla maintains outperform rating one thousand dollar price target outperform rating if you’re wondering what that is essentially you know this individual believes that tesla stock is going to outperform the stock market in general with a thousand dollar price target and whenever they have a price target it’s
Usually within a 12 month span okay so that yeah like whenever you hear these analysts give a price target it’s within 12 months which gets into the fast part okay despite a negative pr issue for tesla web bush analyst dan ives maintains his bullish outperform rating on the stock along with a 1 000 price target calling the recall of 285 000 cars in china a little
More than a bump in a road for the car maker on sunday tesla disclosed that it would need to implement a software fix for more than 285 000 model 3 model y cars in china to address issues with the vehicle’s autopilot feature okay first off here right whenever i think about a software related thing in regards to a tesla i think about over-the-air update like you
Know usually when you historically would think about a big recall right if for an automaker like usually that means they’re going to have to go in and switch out parts and do a bunch of like physical labor right and it’s gonna be extremely costly i’m not sure a hundred percent if they’re gonna be able to do a software over-the-air update but it sounds like that
At least is a potential it’s not like oh they gotta switch out some faulty part right or switch out the air bag in the car or something like that right where it’s like oh we gotta have all these cars coming in we gotta do manual physical labor here and things like that so that’s very very important to keep in mind right while this represents nearly all the cars
Sold in china over recent years ive doesn’t think it will derail the near-term or long-term bull thesis for tesla in china this is this is his quote this is not the news bulls want to see as it adds more negative pr public relations issues in china but now it’s about musk and co making sure these issues are in the rear view mirror and moving forward to make sure
This situation is not defining negative chapter for tesla in regards to the whole china story right i’ve said in a note to web bush clients on monday shares the stock we’re obviously trading higher on this okay and if we look yes it’s outperforming the market here today it definitely is i don’t know if this is just because of what dan and i have came out and said
Here today or what’s going on but it’s obviously outperforming what the market’s up today it’s up about two and a half percent we’re about twelve thousand dollars here today on tesla okay so obviously good day congratulating tesla shareholders a pretty good day for you out there okay now i want to talk about some very very very very important things here okay we
Want to get into how how good is this analyst we’re going to get into some things that are kind of working against tesla in the short term and kind of a perspective i’m going to give you guys here okay so let’s get into this how good is this analyst or bad is this analyst well if we go to tips ranks dan ives ranks number 43 out of 7572 analysts on tip ranks okay
So this is very very important because whenever i hear an analyst come out with a price target the first thing i think about is like do i really care that much second thing i think about is like where does this analyst rank right because sometimes you hear these analysts come out with some ridiculous numbers oh blah blah blah and like they’re like you know ranked
Like 7 000 out of like 7 500 something right but this analyst dan ives he ranks very very high okay now keep in mind this is off of a one year right so it doesn’t mean like you know him over the past 20 years has been amazing but over the past one year he has been doing amazing at his job which is you know kind of giving information about stocks and where he
Thinks these stock prices are going to go and things like that right and so he’s tearing it up right number to be number 43 out of 7 572 you’re you’re you’re you’re in the uh you know the the best percentages let’s put it that way okay that’s very darn impressive so it’s not like we’re just listening to some joker who you know is is a horrible analyst this guy’s
Top tier at least in the past year he’s been in the top tier okay now tesla has two main things working against them and kind of give you a perspective on this okay what are the two main things working against tesla in the short term well the first thing is this right here okay it’s a huge market capitalization now if you’re thinking about getting the stock to
Go up a bunch more to let’s say a thousand dollars or above a thousand dollars this is the main thing you have working against the stock nowadays is this massive market capitalization okay i mean you know back when this was a 50 billion dollar market cap 70 billion dollars 100 billion dollars you know you can move this stock even even you know if a lot of retail
Investors wanted to move the stock they could they could move the stock right i mean you’re talking about this is such a big company you have such a gauntlet of buyers and sellers now right that it it’s beginning to get a little hard to push this stock around and i think this is part of the reason why tesla has taken a breather for the past several several months
Now is because this market cap is getting to become such a gigantic number right that it’s getting harder harder to push around also stock price 688 dollars right that keeps some retail investors out but ultimately when you’re dealing with these type of numbers now you’re talking about the only way you’re moving this stock is wall street big money hedge funds
Institutional money that is the only thing that’s going to move a stock like tesla now at this point in time okay johnny on robin hood buying two shares of tesla’s not moving this stock anymore okay it’s the big institutional money because this is such a large company and that goes for all massive massive companies okay so you have that working against the stock
In terms of getting that stock price to go up to a thousand dollars or so in the short term okay another thing you have working against the stock in the short term is this okay there’s obviously a semiconductor shortage out there and this is a this is negatively affecting pretty much all automakers and it will negatively affect tesla to at least a certain extent
And so tesla in the short term could show numbers that aren’t as impressive around deliveries right because of things that are out of their control like a semiconductor shortage and then also in wall street the media whatever can also like you know say oh tesla has no demand you can also start to hear things like that out there in the media right if also tesla
Over the next couple quarters doesn’t put up as insane of numbers which tesla because of how much a stock price has risen over the past year or two tesla’s in a position where they’re expected to blow away numbers every quarter now right they’re expected to just do crazy volumes of that car you see behind me that model three right uh obviously the model s plaid uh
You know i’m not supposed to get that car until i think august so you know i don’t know if that’s because there’s a lot of people in front of me that are supposed to get it before me or whether it’s because of semiconductor shortage we don’t know right but obviously you have kind of this this negative overhang of the semiconductor shortage that could potentially
Hamper numbers over the next couple quarters okay this is something very very important to keep in mind if you’re thinking about what does a stock price do in the short term okay keyword is short term there all right very very important all right now i’ve said to you guys uh you know a few times over the past few months that i thought the stock could chill in
The you know 400 500 range all the way up to a little above 800 okay so far it’s been doing that i kind of expect the stock to continue to do that for the next year for the basically the next 12 to you know 18 months or so no it’s possible maybe it doesn’t do that and next thing you know it’s at a thousand dollars twelve hundred dollars but when i look at some
Of some of the the short term headwinds around the semiconductor shortage that will hurt numbers and then all of a sudden it’s like oh telstra has an open demand it’s like well maybe they just can’t make the cars because they don’t have the semiconductors like you know you know guys know how it is in the media sometimes right in mainstream media right so you
Have that overhang plus you have the fact that the valuations climbed a lot in the stock has also you know kind of priced itself for perfection in the short term you have all those negative things working against the stock short term which is why i think the stock will be range bound for the next 12 to 18 months it’s possible it maybe it moves up and it’s really
Hard to predict stocks in the short term maybe it moves up to a thousand dollars twelve hundred dollars in the you know in the next six months it’s just hard to see that because of how big the company’s gotten to be quite frank and some of the short-term kind of headwinds around the stock especially in things that aren’t even in their control right but in terms
Of me in regards to the stock right i try not to ever get too caught up in the short term all the stock price is going there stock price is going there blah blah blah it’s fun to talk about it’s fun to discuss and hypothesize oh maybe the stocks can go here and there but at the end of the day me as a long-term investor in the stock i try not to get too caught
Up into it because otherwise it sets you up into kind of a shorter term mentality around this company and i think that’s the worst mentality you don’t want to try to time in and out of tesla that’s something i’ve had to learn the hard way over time you don’t try time in and out so even though i think the stock could be range bound for you know a certain amount
Of time doesn’t mean i’m going to go ahead and cash out on my shares and try to you know put that money in somewhere else and be like i’m going to try to get back in tesla because you know there’s certain stocks at the end of the day i just feel like in the stock market that you buy them and hold them and it’s best to not try to time out of them okay tesla’s a
Good example of that uh amazon’s a good example of that and um you know apple’s a good example of that i mean there’s just certain certain companies out there that just seem to continue to innovate continue to keep their their companies at the forefront and a lot of times it’s not even worth it and coming from experience i’ve sold some of these stocks at you know
Prices and i thought oh well maybe it got too high right now and i’ll time it out and get into something else and most of the time guys it’s just not worth trying to play that timing game and that short term thing then the day i’m a huge believer in tesla because i believe this company can start moving five million ten million cars a year you know five years ten
Years out right and i believe they could be the number one player in autonomous driving autonomous tax networks and things like that right those are long-term bullish thesis i have that take time to play out and so to get caught up in the short term mumbo jumbo does it go to a thousand over the next 12 months or not it’s fun to talk about but at the end of the
Day it’s not going to change my bullish thesis or not and it’s just going to probably set me up for um you know a letdown if the stock didn’t do that right imagine i’m so caught up in the stock trying to get to a thousand and then it doesn’t get to a thousand also i’m like oh you know also i feel bad it’s like what’s the point when you’re holding a stock for the
Long term right so that’s my perspective on that guys anyways i’d love to hear your opinion on this stock especially over the obviously this stock is you know we’re talking about over the next 12 months where do you guys think this one’s going over the next 12 months we’d love to hear from you guys you think it’s going over a thousand over the next 12 months you
Think it’s going to be kind of range bound 400 500 to maybe 800 on the high end i would love to hear from you guys as always much love i appreciate you guys for being here as always if you’re looking to join us in that facebook group brand new check it out the main pin comment down there much love guys and have a great day
Transcribed from video
TESLA STOCK WILL HIT $1000 IN “X” DAYS By Financial Education
