Tesla is the 'best undervalued AI play right now,' says Keith Fitz-Gerald
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- Опубликовано: 1 июл 2024
- Keith Fitz-Gerald, principal of Fitz-Gerald Group, joins CNBC's 'Power Lunch' to discuss why he thinks the Fed is a 'caveat' to the market rally, how to position, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 90% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Hate him or love him, Musk knows what he’s doing!
He sure does, that's why Musk plans to keep the AI Revenue for himself with his new startup "xAI".
Agree
Then he can finally buy 70 billion private jets, 2 trillion tanks and build a castle on Mars
@@TimesNewRoumen greed becomes a mental disorder around $100M, imagine being 200X more CrAzY than that !!
@@TimesNewRoumenso you’re the guy that calls this number 7,000,000,000,000,000 7 Hundred Gazillion 🤪
I already own shares of TSLA, NVDA and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200,000 or less..
If you need advice on short-term investments, consider speaking with a financial advisor. They have a lot more knowledge and expertise in this area.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to about 980k. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "SUNITA SUZANNE BYG" I've worked with her for 9 years and highly recommend her. Check if she meets your criteria.
lol a few months ago nobody wanted it ...
Which is when I bought several thousands worth. If you believe a company has a future then you buy when it's cheap.
@@opencase9903nah
The bots in these comments lets me know the rally is false
More bad news for the parking-lot truthers. With Tesla delivering 444,000 cars in Q2 with production at 411,000 there was a big draw down in inventories. It's a beat of every Wall Street estimate for Q2. ... Not to mention, Tesla Energy up 232%. In 2 years, Tesla Energy will be equal in size to it's car business.
Its a Q2 YOY drop in unit deliveries, and a huge drop Q2 YOY in production. The quarter to quarter numbers mean nothing. Its just logistics noise.
@@free-qe6wx April and May were bad, but June was excellent for Tesla. The momentum is building. Just a little context for you. ..... And Tesla energy will be as big as the car business in two yrs, growing as it did in Q2.
@@777Outrigger Yup, so you agree, this is just a logistics glitch. Not that it matters, its still a drop YOY for production and deliveries. That's called negative growth.
@@free-qe6wx But with sales momentum building at the end of the Q2. .. Did'ja know that in 2018 Tesla sales declined by -.11% in the US YOY? Then the Model Y came out and sales soared by 50% in 2019. I agree the Y is past this spectacular growth curve, but new models coming out next year still on the old platform but with some of the new manufacturing techniques being developed for the $25,000 car. So expect new models somewhere between $25,000 and the $39,000 Model 3. And this little blip in Q1 is already going away, to be obliterated next year.
..... And Tesla is not just a car company. It's rapidly becoming an energy storage company, and a leading AI company. ---->Wall Street is finally starting to recognize this!!!
@@free-qe6wx But with sales momentum building at the end of the Q2. .. Did'ja know that in 2018 Tesla sales declined by -.11% in the US YOY? Then the Model Y came out and sales soared by 50% in 2019. I agree the Y is past this spectacular growth curve, but new models coming out next year still on the old platform but with some of the new manufacturing techniques being developed for the $25,000 car. So expect new models somewhere between $25,000 and the $39,000 Model 3. And this little blip in Q1 is already going away, to be obliterated next year.
..... And Tesla is not just a car company. It's rapidly becoming an energy storage company, and a leading AI company. ---->Wall Street is finally starting to recognize this!!!
Idk bout yall but 730billion for Tesla seems a bit much
Tesla will be a trillion dollar company very shortly.
So analysts lower expectations. Company beats. Everyone sings Kumbaya and stock appreciates. Next quarter repeat. Meanwhile YoY keeps dropping. lol
Well done Keith Fitz-Gerald
I already own shares of TSLA, NVDA and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200,000 or less..
.....
lol sometimes i need to take a shower after taking a dump because my butt is so soiled
I’m proud of you for recognizing a problem and finding a solution.
Keith is AWSESOME! He is years ahead of his competition... perhaps have have a particular like since he is a long term investor with a Vision of 2+ Years. He even got IONQ and nailed that!
"Keith Fitz-Gerald" is an anagram for "Faked Their Glitz". o/
It was stupid of me to sell $76,000 worth of TSLA stocks without reinvesting. I might turn to cash soon if I don't. Any particulars? (Buying bonds or CDs is not for me).
With the uncertainties that is experienced in this current recessive economy, It’s important to consult with a financial advisor before making major inveestment decisions.
You're right, I and a few work colleagues work with a CFA who prefers we DCA instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter. I wouldn't have known this awesome strategy had I continued investing by myself.
nice! once you hit a big milestone, the next comes easier.. who is your Advsor please, if you don't mind me asking?
Kathleen Cheryl Constantz is who I work with and she is a hot topic even within the finance elite . Just browse, you’d find her webpage.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
I am not saying TSLA will not go up from here. I sincerely hope it does, so that the shareholders make money. But, in no shape or form is TSLA undervalued under any metric.
Is it just me, or is Jay the Destroyer throwing off kind of a Les Nessman vibe…
Can you teach us how to read news? good video,good job to copy
Tesla explodes
Good point 👍
Buy and hold is not an investment strategy is the worst investment quote I ever heard.
just like gold double in the next few years
Ok
Will hold TSLA for years and years. Small cap pick for me is Innodata. Already done great and will continue to do so because it’s well positioned in the AI industry. Will keep growing or will get acquire IMO.
FFIE is coming
Elon will be trillionaire by next year
lol no he won't
@@Bradgilliswhammyman Maybe not next year, but in a few years.
His xAI startup will become his largest asset.
@@KrustyKlown Have a feeling Tesla will buy xAI lmao.
@@Bradgilliswhammyman Current net worth (Real Time Forbes list) - $240B
Lol taking profits of the table = market timing.
❤😅 hello them
BS. Why would you "take profits" if the stocks will be HIGHER in 5 years??!! Dumb short term thinking!
I agree. Just hold the damn thing. These Wall Street ppl are ridiculous shifting money around constantly
It depends on your time horizon. Are you 30? 50? 70? 80?
@@wilee.coyote5298 I'm 50 and retiring in 20 years...
@@opencase9903 They get paid big bucks to "manage" people's money, when they could just buy indexes and make more than these rip off artists make them
When you hire a RUclips doofus tech bro to be your finance consultant
Sell time
No money for you
xAI ...Musk's MAIN AI business, will grow greatly in value... at the expense of Tesla.
Bs
How is tesla an ai company? A tech company? Feel like it just another ev car.
Self driving taxis require AI.
And that Self Driving AI car needs a lot of computing power , so in order to drive down cost they also need to be a Tech company. And if you driven a Tesla it’s literally a Computer on wheels.
I sympathize with many people who had no knowledge of digital marketing because currently dollar is unstable and coin is taking over to be the universal currency
Tesla is highly over valued.
I think better get this guy a drug test after he is off the show
This guy is just another bag holder desperate to get out of this trash stock. The YOY drops in production and deliveries continue. This is the opposite of growth.
People want boxy SUVs and boxy pickup trucks. Tesla makes neither. Tesla will be bankrupt if it doesn't start making those.
BTC is the volcanoe and is too eruption soon!
When FSD subscription and robotaxi revenue kicks in, the stock will launch to 🚀 🪐