The average rating of Tesla, according to FactSet data, is a “hold,” though estimates show its average target price of $243.53, about 23 percent above its current price.

Johnson said if investors are looking for names that will outperform in the last few months of the year, Tesla won’t be among them.

“I would move on to other names that look more attractive, like Apple, for example.”

Read More

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s