Tesla ETF VCAR hit a new 52-week high, showing positive momentum for investors.

From Nasdaq: 2024-12-12 07:00:00

Investors eyeing momentum are looking at Simplify Volt TSLA Revolution ETF (VCAR), which hit a 52-week high, up 181% from its low. The fund primarily invests in Tesla stock using an active management strategy. Tesla shares have surged since Donald Trump’s election win, with potential for more gains ahead.

With Tesla hitting record highs and VCAR ETF showing positive momentum, investors are optimistic about further growth. VCAR has a weighted alpha of 143.02, indicating a potential rally. Stay informed with Zacks’ Fund Newsletter for key ETF insights and analysis delivered to your inbox weekly.

For more detailed analysis and stock recommendations, investors can download Zacks Investment Research’s report on 5 Stocks Set to Double. To stay updated on Tesla (TSLA) and VCAR ETF news, visit Zacks.com for free stock analysis and the latest articles.



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