Will This $900 Billion Stock Replace Tesla in the "Magnificent Seven"?
Few stocks have outperformed the "Magnificent Seven" in recent years. All seven have seen their share prices rise by more than 400% during the past decade; some have even skyrocketed by nearly 20,000%!
Only one stock among the seven -- (NASDAQ: TSLA) -- has posted a negative return during the past three years, losing roughly 16% of its value.
Prominent investors like Jim Cramer are now calling for Tesla to be removed from the Magnificent Seven. While it probably won't be chosen as Tesla's replacement, there's one $900 billion business that should be strongly considered. It isn't as tech focused as the rest of the group, but it stands a good chance of becoming the next $1 trillion company.
Source Fool.com
Tesla Inc Stock
€157.24
-0.830%
Currently there is a rather positive sentiment for Tesla Inc with 55 Buy predictions and 27 Sell predictions.
As a result the target price of 242 € shows a very positive potential of 53.9% compared to the current price of 157.24 € for Tesla Inc.
