Tesla stock surges, outperforming GM and Ford, analysts bullish on autonomous vehicles.

From Nasdaq: 2024-12-26 09:06:00

Tesla stock has surged 25% in December and 75% year to date, outperforming GM and Ford. Analysts remain bullish on Tesla’s autonomous vehicle production and the launch of robotaxis. With projected sales growth of 17% in FY25, EPS is expected to rebound by 32%. Positive earnings revisions support a Zacks Rank #1 (Strong Buy).

As infrastructure spending soars, 5 stocks are positioned to profit, including Ford and General Motors. Trillions of Federal funds will boost AI data centers and renewable energy sources. Get the latest recommendations from Zacks Investment Research for free. Download the report on profiting from the trillion-dollar infrastructure boom today.



Read more at Nasdaq: Zacks Investment Ideas feature highlights: General Motors, Ford and Tesla