Press Esc to close

Welcome to Money Morning - Only the News You Can Profit From.

Close

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.”

Sometimes I think Keith has a “crystal ball” in his hip pocket…

  • Featured Story

    Agricultural Stocks: Fatten Up Your Portfolio on Food Price Inflation


    For most Americans, the cost of food hasn't always been such a big deal.

    For the better part of the last 30 years, food supplies were plentiful and the economy provided enough wealth to keep cupboards stocked.

    But my how things have changed since the financial meltdown of 2008. Today, food inflation has more people concerned about the cost of groceries -- and how they're going to pay for them.

    Yet for investors, the same food price inflation dilemma presents an investment opportunity that is ripe for the picking.

    With that in mind, agricultural stocks are where to look for the low-hanging fruit as food prices keep heading higher.

    To continue reading, please click here... Read More...
  • etf agricultural commodities