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We'll Tell You When It's Time to Tap Tesla

A week ago today, in a strategy story aimed at helping you survive and thrive in today’s whipsaw markets, Chief Investment Strategist Keith Fitz-Gerald told us to put Tesla Motors Inc. (Nasdaq: TSLA) on our “watch lists” for a likely future purchase.

“BP, Tesla is a definite ‘shopping list’ stock,” Keith told me back then. “We’ve been nibbling at it here, and have played it successfully several times. But it’s not yet at the point where I’m ready to jump all the way in. I think my rationale behind Tesla remains upbeat. I mean, you’ve got a real winning combination here – a disruptive sales model, a CEO who’s the most innovative guy on the planet, all the capital in the world that can be brought to bear. I don’t give a rat’s [tail] that New Jersey won’t let the company sell its cars there. There are much bigger opportunities. Wait ’til you see what the company does with China.”

January 2008 Archives - 4/15 - Money Morning - Only the News You Can Profit From- Money Morning - Only the News You Can Profit From.

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    By Mike Caggeso Associate Editor The parking lots at Wal-Mart Stores Inc. (WMT) retail locations could get much bigger, as the company is in talks with automakers to sell hybrid and plug-in automobiles, H. Lee Scott, the company's chief executive officer, said to store managers and suppliers Wednesday. "Maybe there isn't room for Wal-Mart in […]

  • Saudi Arabia Contemplates a $6 Billion Sovereign Wealth Fund; Kuwait's Looking to Scoop European Banks

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  • Three Ways to Profit in the Face of Surging Inflation

    By Martin Hutchinson Contributing Editor When he slashed the Federal Funds Rate by three-quarters of a percent in an emergency move Tuesday morning, U.S. Federal Reserve Chairman Ben S. Bernanke said he "expected inflation to moderate in coming quarters." It's quite beyond me why he has such an expectation: Commodity prices have zoomed since he […]

  • Fed Rate Cuts May Bode Well for the Greenback

    By Jason Simpkins Associate Editor Just one day after the U.S. Federal Reserve surprised the global securities markets with its biggest rate cut in nearly 25 years, investors questioned whether the central bank action will do further damage to the downtrodden dollar or give the greenback a new lease on life. The answer depends largely […]

  • Global Investing Roundup

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  • Dow Gains 300 After 600-Point Swing

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  • Motorola's Stock Drop on Sharp Fourth-Quarter Declines

    By Mike Caggeso Associate Editor Shares of the United State's largest mobile-phone maker, Motorola, Inc. (MOT) dropped $2.31 [18.75%] to $10.01 in trading yesterday (Wednesday) after the company announced fourth-quarter profit was down 84% from sales declines of its phones and handsets. Also in the final three months, sales for the Schaumburg, Ill.-based company dropped […]

  • Bank of China Denies Reports of Loss, Affirms 2007 Was a Profitable Year

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  • Middle East ETFs Will be Available "This Year"

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  • Oil Sinks, Gold Rallies

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