Netflix And Tesla- Wall Street Doesn't Know About These 2 Popular Stocks
Netflix And Tesla- Wall Street Doesn't Know About These 2 Popular Stocks
Bulls Or Bears? Must Review
Often, investors rely on Wall Street to tell whether a stock is a good investment.
As you know, full-service brokerage firms charge management fees, commissions, and other fees that reduce the returns you can earn from investments in your portfolio. Unfortunately, at the beginning of the debate among Wall Street's professional analysts, some of the most popular companies in the market are included.
Below, let's examine 2 stocks where there is no clear consensus among the best on Wall Street.
1-Netflix
Netflix
NFLX (NASDAQ) $535,23 -6,41 (-%1,18) has been one of the top performing stocks since 2002. Despite this, Wall Street analysts are not in agreement.
Of the 65 analysts who made the recommendation, 44 call Netflix buy, 15 hold and six sell.
Price targets are spread across the board between $340 and $720 per share. These numbers represent a loss of up to 36% or a gain of 117%, depending on whether you believe in bears or bulls.
The big naysayers on Netflix are Societe Generale and Wedbush. Second, it viewed the company as a consistently underperforming company despite its real strong returns. He believes that Netflix will get almost all subscribers in the US.
Meanwhile, bullish investors believe Netflix's subscriber sales will increase, especially as the pandemic begins to subside.
Netflix And Tesla- Wall Street Doesn't Know About These 2 Popular Stocks
2-Tesla
Tesla
TSLA (NASDAQ) $644,06 -15,52 (-%2,35) spawns all kinds of opinions in the investment community, and Wall Street has some very good thoughts on the electric vehicle (EV) giant.
The stock has 21 buy, 22 hold and 11 sell points. Price targets are $1,295 per share, or nearly double the current price.
According to GLJ, Tesla won't be able to boost its monthly vehicle delivery volumes in the key Chinese market much above 20,000, and that could dramatically limit the potential upside from the world's most populous nation.
More optimistic analysts, like New Street, think Tesla's production capacity of 1 million vehicles will exceed expectations. Also, New Street reminds investors that electric vehicles are only the first phase of Tesla's long-term strategy (energy storage and innovative fields).
The company is a high-potential business that is very conducive to business growth.
Conclusion
After all, Wall Street doesn't have more insight into the decisions we make than we do. It is necessary to trust your own investment thesis to own the stock.
The above explanations will provide a basis for your expectations and making tough decisions along the way.
You may also be interested in: