Is Tesla Inc. (NASDAQ: TSLA) a likely Reddit stock?
Recently, I’ve published a list of 12 Reddit stocks with high potential. In this article, we’ll look at where Tesla Inc. (NASDAQ: TSLA) stands up against other Reddit stocks that have high potential.
On April 15, Monica Guerra, US Policy Director at Morgan Stanley Wealth Management, joined CNBC’s “Blost Bell Overtime” to discuss how investors should avoid knee responses when it comes to volatility. Monica Guerra pointed out the importance of focusing on President Trump’s statement, as they contribute to market volatility despite their unmixed and unclear nature. She acknowledged that deciphering his comments is challenging because of lack of clarity, but that paying attention to both the presidential statement and Congress’ actions remains important. She emphasized that if Congress finalizes the budget around August this year, policy certainty may emerge.
She also emphasized that the day that rose 0.79% in the market began aggressively, but otherwise the situation would remain uncertain. She reminded her clients that a 90-day residency on tariffs is not the end of the story, but that ongoing research on semiconductors could lead to additional pressures related to tariffs and market volatility. Guerra pointed out that tariff revenues are considered a source of funding tax cuts, and this interaction between tariffs and taxes could affect market volatility. Discussing future developments in tariff policy, she said over 70 countries are approaching President Trump in an attempt to renegotiate universal 10% tariffs and mutual tariffs. She warned that additional increases could be highly inflationary, even if mutual tariffs are eliminated and only universal tariffs remain. China’s effective tariff rate is already at 145%, and adding mutual tariffs could further boost inflationary pressures.
Guerra advised his clients from impulsively responding to such news and encouraged them to focus on their long-term investment goals.
Sifting through Reddit threads, as of April 15, analysts created a list of top stocks of their highest potential (at least 30%). We also added hedge fund sentiment to each stock as of the fourth quarter of 2024. Hedge fund data was sourced from Insider Monkey’s database, which tracks the movements of over 1,000 elite money managers.
Why are hedge funds interested in the stocks they accumulate? The reason is simple. Our research shows that mimic the top stock picks of the best hedge funds can outperform the market. Quarterly Newsletter’s strategy was to select 14 small and large caps per quarter, returning 373.4% since May 2014, surpassing the benchmark by 218 percentage points (sFor more information about EE, click here).