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Compiling comments that experts make about stocks while on public TV.

2017-10-12

Opinion for Tesla Motors Inc (TSLA-Q)

Signal Price Bias Subject Owned
COMMENT $355.680 OPTIMISTIC NORTH AMERICAN - LARGE & ETFs Unknown

He puts this on the same wavelength as Netflix (NFLX-Q), but with even greater volatility and a greater valuation. Trading at almost 2X the beta of the S&P, so it is a volatile name. Bloomberg, indicates the company will not be profitable until 2019. Trading at 58X 2019 estimated earnings. There is a lot of uncertainty in the space, because it is still a breakthrough area. The market has very high expectations for the company going forward, so any slowdown in growth, execution problems or lack of capital could lead to a correction. There is competition on the horizon, whether Audi, BMW, Volvo or Mercedes. This could present some risks to Tesla.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod http://www.stanwong.com

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