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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.”

  • Featured Story

    How to Invest in Cybersecurity

    Internet security

    More and more companies are asking how to invest in cybersecurity, as the industry looks to be the only area of U.S. defense spending that will escape the looming budget cuts slated for March 1.

    As Money Morning Executive Editor William Patalon III explained in his recent report, "The Cyber-Hacking of America," the booming interest in cyber-defense stems from the increasing number of threats targeting the United States.

    Patalon said the intelligence community's National Intelligence Estimate, used to brief lawmakers, found "the U.S. is the target of a massive, sustained, cyber-espionage campaign."

    A separate report released last week by Virginia-based cybersecurity firm Mandiant Corp. found a Chinese military unit was behind cyberattacks on at least 141 organizations since 2006.

    "We know that the U.S. Federal Reserve has been hacked, we know that The New York Times has been hacked, and that's just the beginning," said Patalon. "This is going to be a major, major story and something that investors need to watch."


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