Tesla
做多

Tesla -TSLA - Valuation Progression continues at 10x Sales

This is an exact copy of the chart I published over a month ago and what I have added is a green parallel channel that is showing you the rough area where the stock will be trading at 8 times sales at the low end and 10 times sales at the high end. Over time the stock will rise or fall around this channel and the last correction into the 180 level in March pushed the reading down to 7.3 times sales, it's lowest level of valuation in over two years.

I don't know what is magical about 10x Sales as a valuation metric because it is an extremely high valuation number, but the future potential is so great for a company with the highest rated automobile in modern times. The valuation of Tesla now is 9.73 times its revenues with the stock at 247.42 on Friday, May 15, 2015.

Look for updated auto sales numbers at the beginning of July as the next major news for TSLA shares. Until then the stock is drifting higher on hopes for the home and business battery solution.

Tim Friday, May 15, 2015 247.42 last TSLA 12:42PM

Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
更多:

相关出版物

免责声明