the stock market is in a terrible state right now but I believe Tesla and these two other stocks have amazing potential to bounce back and beat the market stay tuned to find out welcome to trade daily where we break down all the best stock market news like And subscribe to keep up to date with the stock market and I really hope you enjoy this video when it comes to investing you've probably heard the saying Buy Low sell high and in theory it's an easy plan to follow however in practice is much
harder buying a stock that has increased in value month after month can feel easy but buying a stock that's fallen in value can feel risky or even painful yet that's often what you must do to buy low and sell high with that in mind let's look at three stocks worth buying on the dip each one has solid fundamentals but is down more than 40 percent this year first on the list is Advanced Micro Devices or simply at MD after years of Rockstar like performance Advanced Micro Devices finally came crashing back to
Earth in 2022 Shares are down 52 year-to-date as slumping PC sales have weighed on results during the first week of October an MD released partial third quarter results that were significantly below its earlier guidance delivering another blow to its stock price however by getting the bad news out of the way MD chief executive officer Lisa Sue set the company up for Success when it released full third quarter results on November 1st 2022 revenue and earnings per share both missed estimates but only slightly meanwhile a MD's
non-pc segments data center gaming and embedded all delivered solid Revenue in line with analyst estimates the bottom line is this semiconductors are everywhere and they're integral to our current economy MD is one of the best run semiconductor companies in the world and its non-pc segments continue to fire on all cylinders for those reasons MD is worth buying on the dip the second stock I want to buy on the dip right now is Airbnb the company operates an online rental Marketplace that connects hosts and guests after
enduring a pandemic cause slowdown in 2020 and 2021 airbnb's Revenue bounced back in 2022 as pinup travel demand drove a surge in bookings in fact the company reported its highest ever quarterly Revenue figure of 2.9 billion dollars for the three months ending on September 29th 2022 yet Wall Street was unimpressed shares still following the earnings release presumably due to lackluster fourth quarter Revenue guidance but it doesn't require much work to see that airbnb's Financial metrics look fantastic
net income swelled four to six percent year over year to a quarterly record high of 1.2 billion dollars and free cash flow increased to 960 million dollars Airbnb saw close to 100 million nights and experiences booked up 25 on a year-over-year basis nevertheless Airbnb Shares are down 38 percent year-to-date however I still believe in the company's business model and management hide inflation and Rising interest rates might hold Air B and B back in the short term but it's a stock worth owning in the long run and just
before we continue we're giving away a 50 Amazon gift card every single day you just need to subscribe to the channel like this video and get the Bell on also comment at love trade daily to lock in your entry winners will be contacted privately good luck now let's not waste another second and get right back into the video the final solid stock I want to buy on the dip is Tesla like my first two picks shares of Tesla have been under pressure this year its stock price is down four to five percent year-to-date yet like a
MD and Airbnb there's been no deterioration in Tesla's fundamentals in fact the company has just reported some of the best quarterly results in its history revenue for the three months ending September 29 2022 was 21.5 billion dollars net income was 3.3 billion dollars or nearly double its year ago figure overall gross margins held steady at around 25 percent showing that Tesla is doing a fine job navigating volatile price swings and parts and materials what's more management painted a Rosy
picture of the future CEO Elon Musk foreshadow the prospective stock buyback of between 5 billion dollars and 10 billion dollars next year along with a vision to far exceed Apple's current market cap surpassing Apple's 2.2 trillion dollar market cap would mean more than tripling Tesla's current share price but that gold isn't unrealistic if the company can continue to grow at around 50 percent year over year yet there is a concern that has weighed on many Tesla investors this year musk is
selling shares of Tesla to help pay for his four to four billion dollar purchase of the social media platform Twitter musk has sold more than 19 billion dollars worth of Tesla's shares this year to fund his purchase of the social media company those sales have undoubtedly put downward pressure on the stock however they may present an excellent opportunity for prospective investors in the bigger picture Tesla remains an automotive Juggernaut if the company can successfully expand into trucks and
semis investors would be smart to load up on Tesla now as broader economic conditions and musk's stock sales Hold It Back yes we all know Tesla stock collapsed on Wednesday it has also crashed by 60 since its November 2011 record high after such Steep Falls do I buy Tesla stock came very close to a two-year low on Wednesday after crashing by more than half over the past year as shares in Elon musk's karmic are Fallen too far too fast on Thursday afternoon before the U.S stock Market opens Tesla stock stands at
Wednesday's close of 177.59 earlier yesterday this hugely popular and widely traded share hit a two-year low of 177.12 before rebounding slightly sadly for fans of the world's richest person and his electric car firm this has reduced Tesla's market capitalization to 560.8 billion dollars this relegates the business to sixth place among U.S Medicap stocks below Warren Buffett's Berkshire Hathaway at its 52-week high Tesla stock closed at 402.67 on the 4th of January the very day that the USS and P 500 Index hit its
record high since then it's been pretty much all downhill for this one-time Tech Wonder stock over the past 12 months Tesla's shares have lost over half their value and are down a whopping 60 from their 4th November 2021 High Tesla cars are sprinting up everywhere typically I will see at least four on a short walk around my neighborhood indeed the car park of my local Sainsbury's supermarket seems to be filling up with Tesla models at the current share price Tesla stock trades on a sky-high price to earnings
ratio of 54.7 this translates into an earnings yield of just over 1.8 percent a year some of you might be asking why on Earth would I buy into Elon musk's Vision at this elevated level when I could buy cheap shares offering 10 times this earnings yield of course the answer is that Tesla stock is priced as a go-go growth share with investors expecting many years of earnings growth indeed I expect Tesla to soar up the league of global car makers by sales it currently hovers around 20th Place or thereabouts
finally I'm a base skeptic of Elon musk's decision to buy Twitter for four to four billion dollars to me must now is his hands full turning around the social media platform leaving less time to manage Tesla's operations we're already seeing the chaos going on over at Twitter as Elon tries to save the sinking ship and I can't help but wonder how this will affect Tesla's operations he's already taken 50 of the best mines at Tesla to come and work with him at Twitter leaving the company of fen for
itself while its stock is in a dire position as it is but smart investors will be able to look at Tesla as a company and realize that it's more than just Elon Musk making it successful the Tesla team is made up of the best Minds on the planet working to push the industry to places it's never been before I remain very hopeful that Tesla will manage for now and I even believe that its stock could see a historic bull run very soon I break down all the reasons why in this video here and with
that we've come to the end of the video I'd like to give a huge shout out to anyone who's made it this far I hope you enjoyed the video I'd also like to to make it clear that this is a news and entertainment video not investment advice you should always do your own research and speak to a financial advisor before making any Investments thank you all so much for your support don't forget to like And subscribe for the chance to win up to twenty thousand dollars in Amazon gift cards and we'll
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