Only 2 Mega-Cap Monster Stocks Have Risen in Each of the Last 5 Years: Are They Buys Now?
There's a lot to be said for consistency. Some stocks may be big winners in one year but stink the next. Others, though, deliver solid returns year in and year out.
You might think that most of the 40-plus companies with market caps of $200 billion or more would fall into the latter category. Nope. Only two of those mega-cap monster stocks have risen in each of the last five years (including so far in 2023).
The market sell-off in 2022 eliminated most mega-cap stocks from the five-year consistent winner club. For example, two of the strongest performers so far in 2023 -- Nvidia and -- plunged by more than 50% last year.
Source Fool.com
Tesla Inc Stock
€162.02
-0.300%
Our community is currently high on Tesla Inc with 56 Buy predictions and 27 Sell predictions.
With a target price of 248 € there is a hugely positive potential of 53.07% for Tesla Inc compared to the current price of 162.02 €.
