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2021-12-02
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Tesla Is a Defensive Stock Now. It’s a ‘Twilight Zone World’.
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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":603545475,"tweetId":"603545475","gmtCreate":1638433597552,"gmtModify":1638433597625,"author":{"id":4095569972564800,"idStr":"4095569972564800","authorId":4095569972564800,"authorIdStr":"4095569972564800","name":"swat_sg","avatar":"https://static.tigerbbs.com/b8d9139de63510faa3f91abf00834541","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>yy</p></body></html>","htmlText":"<html><head></head><body><p>yy</p></body></html>","text":"yy","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/603545475","repostId":1193468323,"repostType":2,"repost":{"id":"1193468323","pubTimestamp":1638430286,"share":"https://www.laohu8.com/m/news/1193468323?lang=&edition=full","pubTime":"2021-12-02 15:31","market":"us","language":"en","title":"Tesla Is a Defensive Stock Now. It’s a ‘Twilight Zone World’.","url":"https://stock-news.laohu8.com/highlight/detail?id=1193468323","media":"Barrons","summary":"Investors might figure that a high-growth stock with a big valuation and iconoclast CEO would be ris","content":"<p>Investors might figure that a high-growth stock with a big valuation and iconoclast CEO would be risker than the overall market. It may not be the correct call in the case of Tesla.</p>\n<p>Tesla stock (ticker: TSLA) rose 0.7% on Tuesday. The market, of course, had another rough day as investors digested news about the Omicron variant of Covid-19. plus word from Jerome Powell that the Federal Reserve might end its bond buying sooner than it had planned. The S&P 500 and Dow Jones Industrial Average both dropped 1.9%.</p>\n<p>It was, frankly, a good day to be overweight Tesla in a portfolio. What is curious about Tesla stock is that the same statement turned out to be true about half the the time the market went down over the past year.</p>\n<p>Coming into Wednesday, the S&P 500 had dropped just more than 100 trading days in the past year. Tesla stock has risen 50 times on those days. Stock in Microsoft (MSFT), for comparison, has risen about 28 times when the market has dropped. It looks safer to be in Tesla.</p>\n<p>“In some ways Tesla has become a defensive stock as investors know it’s highly levered to so many growth themes into 2022,” Wedbush analyst Dan Ives told <i>Barron’s</i>. Those themes include EVs’ growing penetration of the auto market, self- driving cars, and renewable energy. Tesla also sells solar panels and backup battery energy storage to residential customers and large utilities.</p>\n<p>“It’s a Twilight Zone world that Tesla is actually viewed as a safety blanket stock in rocky times,” Ives said. He rates Tesla stock at Buy and has a target of $1,400 for the price. Shares were near $1,152 on Wednesday morning.</p>\n<p>The case for Tesla as a defensive stock isn’t rock solid. Tesla is still prone to relatively big moves, up or down, on any given day. On up days, shares have gained about 2.5% on average over the past year. Tesla shares lost about 2.46%, on average, on down days over the same span.</p>\n<p>Microsoft shares, meanwhile, averaged a gain of 1.1% on average on their good days. The average decline was about 0.8% a day.</p>\n<p>The bigger daily swings, and the timing of each swing, also means that a person who held Tesla stock only on days when the S&P 500 was down over the past year would have lost 64% of the money they started with. The loss for someone who held the S&P 500 only on those same days would have been about 46%. The Tesla investor’s loss would have been bigger even though the stock didn’t drop on all the down days for the S&P 500.</p>\n<p>That’s an odd calculation, but it does show that simply going in the opposite direction of the market doesn’t eliminate all risk. Any individual stock will have bigger daily swings than the overall market, which is a collection of many stocks.</p>\n<p>The S&P 500 has gained about 0.6% on average on its up days and lost 0.57% on average on the down days, over the past year.</p>\n<p>The S&P, Tesla, and Microsoft have all had more up days than down days over the past year. There isn’t much difference in the overall percentage of days with gains. The S&P has risen about 57% of the trading days over the past year.</p>\n<p>Still, Tesla stock’s recent action does show two things: that the EV trend is fully ensconced in investors’ minds, and that the shift is an important one. EV news can trump almost anything else going on in the market over the short run. It’s no surprise given that EVs are transforming an industry that generates roughly $2.5 trillion in sales annually.</p>\n<p>So what was the news that had Tesla bulls salivating Tuesday? CEO Elon Musk said on Twitter (TWTR) he would be back on the company’s fourth-quarter earnings conference call, after skipping the third-quarter call, to provide a product outlook. That could mean a new model or an update on Cybertruck production.</p>\n<p>Tesla stock fell 4.4% on Wednesday. There isn’t much news. The company launched, and promptly sold out of, a Cybertruck-shaped whistle made available on the Tesla website.</p>\n<p>The whistle is cool, and convincing people to spend $50 for it is even cooler. That probably isn’t the reason for today’s rise though.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Is a Defensive Stock Now. It’s a ‘Twilight Zone World’.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Is a Defensive Stock Now. It’s a ‘Twilight Zone World’.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-02 15:31 GMT+8 <a href=https://www.barrons.com/articles/tesla-stock-defensive-play-51638375402?mod=md_stockoverview_news><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors might figure that a high-growth stock with a big valuation and iconoclast CEO would be risker than the overall market. It may not be the correct call in the case of Tesla.\nTesla stock (...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-defensive-play-51638375402?mod=md_stockoverview_news\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-defensive-play-51638375402?mod=md_stockoverview_news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193468323","content_text":"Investors might figure that a high-growth stock with a big valuation and iconoclast CEO would be risker than the overall market. It may not be the correct call in the case of Tesla.\nTesla stock (ticker: TSLA) rose 0.7% on Tuesday. The market, of course, had another rough day as investors digested news about the Omicron variant of Covid-19. plus word from Jerome Powell that the Federal Reserve might end its bond buying sooner than it had planned. The S&P 500 and Dow Jones Industrial Average both dropped 1.9%.\nIt was, frankly, a good day to be overweight Tesla in a portfolio. What is curious about Tesla stock is that the same statement turned out to be true about half the the time the market went down over the past year.\nComing into Wednesday, the S&P 500 had dropped just more than 100 trading days in the past year. Tesla stock has risen 50 times on those days. Stock in Microsoft (MSFT), for comparison, has risen about 28 times when the market has dropped. It looks safer to be in Tesla.\n“In some ways Tesla has become a defensive stock as investors know it’s highly levered to so many growth themes into 2022,” Wedbush analyst Dan Ives told Barron’s. Those themes include EVs’ growing penetration of the auto market, self- driving cars, and renewable energy. Tesla also sells solar panels and backup battery energy storage to residential customers and large utilities.\n“It’s a Twilight Zone world that Tesla is actually viewed as a safety blanket stock in rocky times,” Ives said. He rates Tesla stock at Buy and has a target of $1,400 for the price. Shares were near $1,152 on Wednesday morning.\nThe case for Tesla as a defensive stock isn’t rock solid. Tesla is still prone to relatively big moves, up or down, on any given day. On up days, shares have gained about 2.5% on average over the past year. Tesla shares lost about 2.46%, on average, on down days over the same span.\nMicrosoft shares, meanwhile, averaged a gain of 1.1% on average on their good days. The average decline was about 0.8% a day.\nThe bigger daily swings, and the timing of each swing, also means that a person who held Tesla stock only on days when the S&P 500 was down over the past year would have lost 64% of the money they started with. The loss for someone who held the S&P 500 only on those same days would have been about 46%. The Tesla investor’s loss would have been bigger even though the stock didn’t drop on all the down days for the S&P 500.\nThat’s an odd calculation, but it does show that simply going in the opposite direction of the market doesn’t eliminate all risk. Any individual stock will have bigger daily swings than the overall market, which is a collection of many stocks.\nThe S&P 500 has gained about 0.6% on average on its up days and lost 0.57% on average on the down days, over the past year.\nThe S&P, Tesla, and Microsoft have all had more up days than down days over the past year. There isn’t much difference in the overall percentage of days with gains. The S&P has risen about 57% of the trading days over the past year.\nStill, Tesla stock’s recent action does show two things: that the EV trend is fully ensconced in investors’ minds, and that the shift is an important one. EV news can trump almost anything else going on in the market over the short run. It’s no surprise given that EVs are transforming an industry that generates roughly $2.5 trillion in sales annually.\nSo what was the news that had Tesla bulls salivating Tuesday? CEO Elon Musk said on Twitter (TWTR) he would be back on the company’s fourth-quarter earnings conference call, after skipping the third-quarter call, to provide a product outlook. That could mean a new model or an update on Cybertruck production.\nTesla stock fell 4.4% on Wednesday. There isn’t much news. The company launched, and promptly sold out of, a Cybertruck-shaped whistle made available on the Tesla website.\nThe whistle is cool, and convincing people to spend $50 for it is even cooler. That probably isn’t the reason for today’s rise though.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1061,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/603545475"}
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