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Cathie Wood Is Dumping Nvidia and Buying Tesla: Is She Making a Huge Mistake?

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Cathie Wood Is Dumping Nvidia and Buying Tesla: Is She Making a Huge Mistake?: https://g.foolcdn.com/editorial/images/772404/person-in-glasses-screen-reflected.jpg

Fool.com contributor Parkev Tatevosian considers Cathie Wood's decision to sell Nvidia (NASDAQ: NVDA) stock and buy (NASDAQ: TSLA) stock.

*Stock prices used were the afternoon prices of April 7, 2024. The video was published on April 9, 2024.

Source Fool.com

Tesla Inc Stock

We can see a decrease in the price for Tesla Inc. Compared to yesterday it has lost -€2.060 (-1.200%).
Currently there is a rather positive sentiment for Tesla Inc with 56 Buy predictions and 27 Sell predictions.
As a result the target price of 242 € shows a positive potential of 42.5% compared to the current price of 169.82 € for Tesla Inc.

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