Tag Archives: F

Top 5 Low Price Stocks To Own For 2019

For pretty much three years now, Starbucks Corporation (NASDAQ:SBUX) stock has been almost remarkably range-bound. SBUX stock had been one of the market’s better performers for years, but since July 2015, it has stayed almost entirely between a low price of $54 and a high price of $63.

At this point, I’m not sure what gets the stock out of its range. The unfortunate incident in Philadelphia last week hopefully won’t have a long-term impact. I like Starbucks as a consumer, and it’s not as if business is going to collapse.

But the problem remains that Starbucks stock is pricing in more growth than it appears capable of generating. Tax reform has brought in the earnings multiple assigned to SBUX stock, which now sits at a more reasonable 21x. But that still assumes a level of growth that I’m not quite sure Starbucks is capable of generating long term.

And in the near term, with earnings due on Thursday, there’s reason for caution as well. All told, I do think there’s an attractive price for Starbucks stock, but I don’t think $58 is quite it.

Top 5 Low Price Stocks To Own For 2019: Honeywell International Inc.(HON)

Advisors’ Opinion:

  • [By ]

    Honeywell International Inc. (HON) rose Friday, April 20, after topping profit estimates and raising full-year forecast due to strength in its aerospace business.

  • [By Paul Ausick]

    The two current primary suppliers of APUs are Honeywell International Inc. (NYSE: HON) and United Technologies Corp. (NYSE: UTX). The partnership with Safran gives Boeing an opportunity to carve out its own place in the market for APUs and, more important, the market for servicing the engines.

  • [By ]

    Finally on Friday, General Electric (GE) will provide an update on its turnaround efforts, while Honeywell (HON) will update investors on its breakup plans. Cramer said he’ll also be watching Procter & Gamble (PG) and Schlumberger (SLB) , two more long-time favorites.

Top 5 Low Price Stocks To Own For 2019: Schweitzer-Mauduit International Inc.(SWM)

Advisors’ Opinion:

Top 5 Low Price Stocks To Own For 2019: Gulfport Energy Corporation(GPOR)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Gulfport Energy (NASDAQ: GPOR) and Callitas Health (OTCMKTS:MPHMF) are both small-cap oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, profitability, dividends, analyst recommendations, valuation, risk and institutional ownership.

  • [By Max Byerly]

    Liberum Capital reissued their hold rating on shares of Great Portland Estates (LON:GPOR) in a research note published on Wednesday morning.

    GPOR has been the subject of a number of other reports. Barclays increased their price objective on shares of Great Portland Estates from GBX 560 ($7.51) to GBX 580 ($7.78) and gave the company an underweight rating in a report on Thursday, February 22nd. Deutsche Bank reaffirmed a hold rating on shares of Great Portland Estates in a report on Friday, March 2nd. Goldman Sachs Group cut their price objective on shares of Great Portland Estates from GBX 675 ($9.06) to GBX 665 ($8.92) and set a neutral rating for the company in a report on Wednesday, March 14th. Morgan Stanley increased their price objective on shares of Great Portland Estates from GBX 620 ($8.32) to GBX 660 ($8.86) and gave the company an underweight rating in a report on Tuesday, March 13th. Finally, Citigroup raised their target price on shares of Great Portland Estates from GBX 700 ($9.39) to GBX 735 ($9.86) and gave the company a neutral rating in a report on Wednesday, May 2nd. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company. Great Portland Estates has a consensus rating of Hold and a consensus target price of GBX 662.15 ($8.88).

  • [By Joseph Griffin]

    Stifel Nicolaus began coverage on shares of Gulfport Energy (NASDAQ:GPOR) in a report released on Wednesday. The firm issued a buy rating and a $13.40 target price on the oil and gas producer’s stock.

  • [By Shane Hupp]

    Gulfport Energy Co. (NASDAQ:GPOR) – Equities researchers at Jefferies Financial Group lifted their Q2 2018 earnings per share (EPS) estimates for shares of Gulfport Energy in a research report issued to clients and investors on Monday, June 11th. Jefferies Financial Group analyst Z. Parham now expects that the oil and gas producer will earn $0.29 per share for the quarter, up from their prior forecast of $0.28. Jefferies Financial Group has a “Buy” rating and a $15.00 price objective on the stock. Jefferies Financial Group also issued estimates for Gulfport Energy’s Q3 2018 earnings at $0.32 EPS, FY2018 earnings at $1.51 EPS, Q1 2019 earnings at $0.34 EPS, Q2 2019 earnings at $0.23 EPS, Q3 2019 earnings at $0.24 EPS, FY2019 earnings at $1.19 EPS, Q1 2020 earnings at $0.52 EPS and FY2020 earnings at $1.93 EPS.

  • [By Paul Ausick]

    Gulfport Energy Corp. (NASDAQ: GPOR) traded down about 10% Tuesday and posted a new 52-week low of $10.90 after closing Monday at $12.12. The stock’s 52-week high is $9.75. Volume was over 12 million, nearly four times the daily average of about 3.4million shares. The company had no specific news announced its capital budget and a stock repurchase program after markets closed Monday.

  • [By Lisa Levin] Gainers
    Liberty TripAdvisor Holdings, Inc. (NASDAQ: LTRPA) shares jumped 31.6 percent to $12.18 following TripAdvisor Q1 earnings beat.
    ZAGG Inc (NASDAQ: ZAGG) rose 26.5 percent to $14.55 after the company posted better-than-expected Q1 earnings.
    OPKO Health, Inc. (NASDAQ: OPK) shares gained 25 percent to $4.0234 following Q1 beat.
    Axon Enterprise, Inc. (NASDAQ: AAXN) jumped 23.5 percent to $55.12 following a big Q1 beat. The company raised its fiscal 2018 sales growth guidance from 16-18 percent to 18-20 percent.
    Penn Virginia Corporation (NASDAQ: PVAC) gained 23.3 percent to $59.00 after reporting Q1 results.
    TripAdvisor, Inc. (NASDAQ: TRIP) rose 22.5 percent to $47.51 after the company reported stronger-than-expected results for its first quarter on Tuesday.
    Sears Holdings Corporation (NASDAQ: SHLD) shares surged 21.7 percent to $3.36. Amazon.com's partnership with Sears started in 2017 with an agreement to sell Kenmore-branded appliances online. On Wednesday, the companies announced an extension of their relationship to now include tire delivery and installations.
    EP Energy Corporation (NYSE: EPE) jumped 21.3 percent to $2.68 following Q1 results.
    LendingClub Corporation (NYSE: LC) surged 20.4 percent to $3.395 following better-than-expected Q1 earnings.
    Superior Industries International, Inc. (NYSE: SUP) gained 19 percent to $15.82 after reporting Q1 results.
    Bellicum Pharmaceuticals, Inc. (NASDAQ: BLCM) shares rose 18.5 percent to $8.13 following Q1 results.
    Twilio Inc. (NYSE: TWLO) rose 18.3 percent to $52.47 after the company posted strong quarterly results.
    Cerus Corporation (NASDAQ: CERS) shares jumped 18.3 percent to $6.47 following quarterly results.
    IEC Electronics Corp. (NYSE: IEC) shares climbed 17 percent to $4.68 after reporting better-than-expected quarterly earnings.
    New Relic, Inc. (NYSE: NEWR) rose 16.8 percent to $90.10 following Q4 results.
    Gulfport Energy Corporation (NASDAQ: GPOR)

Top 5 Low Price Stocks To Own For 2019: Ford Motor Company(F)

Advisors’ Opinion:

  • [By Daniel Miller]

    Ford Motor Co.(NYSE:F) doubled down on China during 2012 when it placed a $5 billion bet that a fifth car factory, as well as a slew of new vehicles and engines, would help build that nation into a second pillar of revenues and profits. At first, the results were promising. From 2012 through 2015, shareholders could always count on the sales numbers out of China as a pick-me-up. Fast-forward to May 2018, however, and one thing is clear: Ford China sales data is no longer something to look forward to.

  • [By Douglas A. McIntyre]

    The SoftBank Vision Fund could have set up a partnership to advance autonomous driving vehicles with any major car manufacturer in the world. The $100 billion fund picked a U.S. car company for its primary project in the sector. General Motors Co. (NYSE: GM) will get $2.25 billion invested into GM Cruise. Ford Motor Co.’s (NYSE: F) plans to have a large fleet of self-driving cars by 2021 got no backing.

  • [By Garrett Baldwin]

    Crude oil prices continue to remain in focus after Brent crude hit $80.00 per barrel. The benchmark crude touched $80.00, as markets are concerned about the impact renewed Iranian sanctions will have on global supply. French oil giant Total announced Wednesday that it was abandoning a gas project in Iran after failing to obtain a waiver from the Trump administration to do business in Iran. The sanctions are expected to decline global output at a time that OPEC is already working diligently to push oil prices higher by containing excessive global production.
    Four Stocks to Watch Today: JCP, BABA, F, KR
    Shares of JCPenney (NYSE: JCP) are ticking higher after its earnings report before the bell. Yesterday, retail companies were stunned by the 11% jump for its rival Macy’s Inc. (NYSE: M) stock thanks to a strong first-quarter report. Alibaba Group Holding Ltd.(NYSE: BABA) is generating a lot of buzz as investors monitor trade relations between the United States and China. BABA stock had slumped by 18% thanks to trade restrictions on Chinese companies. Ford Motor Co.(NYSE: F) announced it will restart production of its popular F-150 pickup truck at its Dearborn, Mich., facility. The company recently suspended operations after a fire damaged supplies needed for manufacturing. The F-150 is the most popular consumer vehicle in the United States. In an effort to beat back the growth of Wal-Mart and Amazon, grocery giant Kroger Co.(NYSE: KR) announced a deal to purchase a 5% stake in British online supermarket Ocado. The deal will allow Kroger to utilize the UK firm’s warehouse automation technology in the United States and improve its supply chain costs. Look for additional earnings reports from Applied Materials Inc.(Nasdaq: AMAT), Nordstrom Inc. (NYSE: JWN), The Children’s Place Inc.(Nasdaq: PLCE), Teekay Corp.(NYSE: TK), and Quantum Corp.(NYSE: QTM).

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  • [By Nicholas Rossolillo]

    After one year under the leadership of CEO Jim Hackett, shares of Ford (NYSE:F) have stopped their slide in value that began in 2014 — at least for now. The automaker is making some bold moves as it prepares for a technology-driven future, and now could be a good buying opportunity.

  • [By Adam Levine-Weinberg]

    Ford Motor Company (NYSE:F) shares haven’t gotten much love from investors in recent years. Ford’s abroad operations have struggled due to a combination of weak market conditions and strategic missteps. Meanwhile, in the U.S., Ford was slow to update and expand its lineup of crossovers, SUVs, and trucks as the market shifted away from passenger cars. Rising raw material costs have also cut into the company’s profit recently.

  • [By John Rosevear]

    Ford Motor Company (NYSE:F) will present its first-quarter 2018 earnings results after the bell on Wednesday, April 25. What should we expect?

    What Wall Street expects

    Wall Street analysts polled by Thomson Reuters expect Ford to report earnings of $0.41 per share, on average, up from $0.39 per share in the first quarter of 2017. They also expect Ford’s first-quarter revenue to increase, to $37.06 billion from $36.48 billion a year ago.

Top 5 Low Price Stocks To Own For 2019: Gerdau S.A.(GGB)

Advisors’ Opinion:

  • [By Logan Wallace]

    Gerdau (NYSE:GGB) has been assigned an average recommendation of “Buy” from the eleven analysts that are currently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $4.00.

  • [By Matthew DiLallo]

    Shares of Gerdau (NYSE:GGB) tumbled more than 10% by 2:45 p.m. EDT Thursday in what was a tumultuous day for stocks in Brazil. The Brazil-based steel company sold off along with that country’s stock market amid fears that the recent trucker strike could have a deep impact on the economy.

  • [By Shane Hupp]

    AMG Funds LLC lessened its stake in Gerdau (NYSE:GGB) by 12.1% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 256,979 shares of the basic materials company’s stock after selling 35,501 shares during the quarter. AMG Funds LLC’s holdings in Gerdau were worth $1,198,000 at the end of the most recent reporting period.

  • [By Max Byerly]

    Gerdau (NYSE:GGB) fell 7.6% on Tuesday . The stock traded as low as $3.99 and last traded at $4.00. 20,132,700 shares were traded during mid-day trading, an increase of 80% from the average session volume of 11,155,967 shares. The stock had previously closed at $4.33.

Best Undervalued Stocks To Buy For 2019

The shares of UnitedHealth (UNH) are currently undervalued when using optimistic estimates. However, even with slightly conservative estimates, the current share price could still provide a 9% annual return potential from this moment onwards.

A majority of investors are more likely interested in how the valuation and possible long-term return for a specific stock look like. Let us start with valuation first. I will not be delving into the current business situation of UnitedHealth as there are already plenty of excellent articles covering this topic. Personally, I prefer to keep my estimates as conservative as possible in order to avoid negative surprises. In the case of UnitedHealth, if we were to assume the historical 10-year annual revenue growth of 10.0% and free cash flow to sales ratio of 5.2% could be sustained in the future, we would arrive at a normalized free cash flow level worth $11,823 million. With the current amount of outstanding shares, this translates into roughly $12.4 per share. Just as a reference, the 20-year historical values for the annual revenue growth and FCF to sales have been 16.3% and 6.3%, respectively. For 2017, analysts are expecting free cash flow per share of around $10.25 per share, which is much more pessimistic than mine.

Best Undervalued Stocks To Buy For 2019: Aspen Insurance Holdings Limited(AHL)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Aspen Insurance (AHL)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Best Undervalued Stocks To Buy For 2019: Ford Motor Company(F)

Advisors’ Opinion:

  • [By JJ Kinahan]

    This week brings results from the two of the main automakers in the U.S. Ford Motor Company (NYSE: F) reports after the closing bell on Wednesday, Apr. 25. General Motors Company (NYSE: GM) is slated to report before market open on Thursday, Apr. 26.

  • [By ]

    Weeks after Ford Motor Co. (F) revealed that it would all but completely abandon cars to focus its attention squarely on the production of its prized F-Series pickup trucks and SUVs, the company is dealing with a supplier plant fire that is expected to halt production of F-150s and potentially other vehicles in the coming days, and possibly weeks. 

  • [By ]

    Here Are 3 Things To Know About Markets Right Now Chinese President Xi Jinping pledged a more open China and promised a decrease on tariffs on imported cars, carmakers including Daimler AG (DMLRY) and BMW AG (BMWYY) rose in Germany while Ford Motor Co. (F) , General Motors Co. (GM) and Tesla Inc. (TSLA) rose in Tuesday pre-market trading.   Dow futures are pointing to a more than 300-point jump at open after Xi’s address.  Oil rose on Tuesday after President Trump said the U.S. will decide “very quickly” about whether or not to strike Syria in response to a possible chemical attack, West Texas Intermediate crude rose 1.34% to $64.27 a barrel. Markets Overview

    Wall Street futures surged on Tuesday, April 10, after Chinese President Xi Jinping pledged to open more sectors but warned against a “Cold War mentality” amid a trade dispute with the U.S.

  • [By Douglas A. McIntyre]

    General Motors Co.’s (NYSE: GM) Cadillac was rumored to begin to prune its dealer network in 2015, but the decision was shelved. Whether manufacturers GM and Ford Motor Co. (NYSE: F) might completely spin out Lincoln and Cadillac dealers from those thatsell nonluxury brands may depend in part on the Hyundai experiment. BMW, Mercedes and Audi have the benefit that their sales and service operations are not generally married to those of less expensive cars.

  • [By Douglas A. McIntyre]

    The chief of Ford Motor Co. (NYSE: F) in China quit. According to The Wall Street Journal:

    The head of Ford Motor Co. in China resigned Monday after less than six months on the job, compounding the U.S. auto makers challenges as it tries to rev up flagging sales in the worlds largest car market.

Best Undervalued Stocks To Buy For 2019: MB Financial Inc.(MBFI)

Advisors’ Opinion:

  • [By Joseph Griffin]

    MB Financial (NASDAQ: MBFI) and Nicolet Bankshares (NASDAQ:NCBS) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, earnings, analyst recommendations, institutional ownership, dividends, valuation and risk.

3 Earnings Season Highlights From Automakers

Earnings season is always hectic, fun, and full of information from all angles of any given industry. This time around, the automotive industry had quite an interesting first quarter: There were some wild comments from Tesla(NASDAQ:TSLA) CEO Elon Musk, as well as a bold decision from Ford Motor Company (NYSE:F), and an intriguing partnership deal fromAptiv (NYSE:APTV). Here’s what investors need to know.

A not-so-boring call

Tesla’s conference calls are never boring, and are generally full of information, hype, and intrigue. This one was no exception, albeit a little more bizarre than analysts expected.

Musk expressed annoyance with the discussion of accounting figures and what he deemed myopic questions — exactly what Wall Street cares about from quarter to quarter. It’s not difficult to understand his frustration, given his ambitions are much grander. Unfortunately, Musk became fed up, telling the operator that “Boring, bonehead questions are not cool. Next?” Musk later replied to another question with: “I’m not here to convince you to buy our stock. Do not buy it if volatility is scary. There you go.”

That’s just a small sample from the unique conference call.

But don’t let those comments overshadow Tesla — a company that has the potential to become an electric-vehicle empire — and some of its interesting figures from the quarter. Among them, Tesla revealed it had more than 450,000 Model 3 reservations at the end of the first quarter, and that it hoped to reach production of 5,000 per week in roughly two months (production hit 2,270 per week during April). And the company said it could begin production of the Model Y small crossover in early 2020.

On the downside, while the future could be incredibly bright, Tesla reported a net loss of $784.6 million and its cash flow was negative $1 billion for the third time in the past four quarters.

What we learned: Musk and Tesla will continue to think big, Wall Street will remain myopic, and the electric-vehicle maker’s conference calls will never be boring.

Farewell, cars

What’s a Detroit automaker without a passenger-car lineup? In 2008, then-CEO of Ford Alan Mulally might have said “shortsighted.” Today, CEO Jim Hackett would say something along the lines of… “a healthier Detroit automaker.”It sounds crazy, and it’s at least risky, but Ford announced it would soon stop selling most of its passenger-car lineup in the U.S. market, which is craving more SUVs, crossovers, and trucks. Only Ford’s Mustang will remain, along with the Focus Active, which will arrive in 2019 as a wagon version in lower volumes.

Ford anticipates that by the end of 2020, light trucks will generate 90% of its North American sales — that’s certainly one way to boost margins. The decision is part of Ford’s strategy to get “fit,” which essentially means to feed the healthy parts of the business and cut costs. On the latter point, last October Ford was aiming at cutting $14 billion in costs; it then updated that by targeting $25.5 billion in savings by 2022.

A blue Ford F-150 towing a boat

Ford’s F-150 hauls big bucks for the company. Image source: Ford Motor Company.

It’s a high-risk, high-reward strategy. UBS analyst Colin Langan estimates Ford loses $800 million annually selling light cars, according to Automotive News, and that would filter down nicely to Ford’s bottom line. However, the company also risks losing a customer base looking for an entry-level-priced vehicle, and of course there’s the risk of consumer demand switching away from larger vehicles. We’ll see how it shakes out.

It’s possible Ford could bend on this strategy. But the decision is certainly the wildest move under Hackett so far, and one of the most interesting takeaways from this earnings season.

The future is now

Many investors haven’t heard of Aptiv yet — formerly Delphi Automotive — but almost certainly will in the decades ahead. Aptiv is uniquely positioned to deliver end-to-end smart-mobility and driverless-vehicle technology solutions. We don’t yet know which service providers (think Uber and Lyft) will win market share, or which automakers (think Ford and General Motors) will develop the best electric fleets or driverless vehicles, or how Silicon Valley will play its angle. But Aptiv will be involved in many aspects as a supplier.

That became even more clear Wednesday when it announced a small project with Lyft. The company said it would launch a fleet of 30 autonomous vehicles in Las Vegas on the Lyft network; passengers will have the ability to hail a self-driving vehicle equipped with Aptiv technology to go between high-demand locations.

It’s projects like this that will enable companies to figure out exactly how they can monetize big data, services, and driverless technology, as those all intersect in the evolving automotive industry. It’s unclear how it will all shake out, how soon this market will become lucrative, and which companies will rise to the top to the benefit of their investors. But this small project between Aptiv and Lyft makes it clear that the future of driverless cars is on its way, soon.

Earnings season is always crazy, and always exciting, and the first quarter of 2018 was no different. When you have a CEO losing patience with financial questions, Detroit’s second-largest automaker giving up on cars in the U.S., and driverless-car projects getting underway, you know it’s going to be an interesting year and decade. The industry is likely to evolve more over the next two decades than it has over the past century — and that could be very lucrative to savvy investors.

3 Earnings Season Highlights From Automakers

Earnings season is always hectic, fun, and full of information from all angles of any given industry. This time around, the automotive industry had quite an interesting first quarter: There were some wild comments from Tesla(NASDAQ:TSLA) CEO Elon Musk, as well as a bold decision from Ford Motor Company (NYSE:F), and an intriguing partnership deal fromAptiv (NYSE:APTV). Here’s what investors need to know.

A not-so-boring call

Tesla’s conference calls are never boring, and are generally full of information, hype, and intrigue. This one was no exception, albeit a little more bizarre than analysts expected.

Musk expressed annoyance with the discussion of accounting figures and what he deemed myopic questions — exactly what Wall Street cares about from quarter to quarter. It’s not difficult to understand his frustration, given his ambitions are much grander. Unfortunately, Musk became fed up, telling the operator that “Boring, bonehead questions are not cool. Next?” Musk later replied to another question with: “I’m not here to convince you to buy our stock. Do not buy it if volatility is scary. There you go.”

That’s just a small sample from the unique conference call.

But don’t let those comments overshadow Tesla — a company that has the potential to become an electric-vehicle empire — and some of its interesting figures from the quarter. Among them, Tesla revealed it had more than 450,000 Model 3 reservations at the end of the first quarter, and that it hoped to reach production of 5,000 per week in roughly two months (production hit 2,270 per week during April). And the company said it could begin production of the Model Y small crossover in early 2020.

On the downside, while the future could be incredibly bright, Tesla reported a net loss of $784.6 million and its cash flow was negative $1 billion for the third time in the past four quarters.

What we learned: Musk and Tesla will continue to think big, Wall Street will remain myopic, and the electric-vehicle maker’s conference calls will never be boring.

Farewell, cars

What’s a Detroit automaker without a passenger-car lineup? In 2008, then-CEO of Ford Alan Mulally might have said “shortsighted.” Today, CEO Jim Hackett would say something along the lines of… “a healthier Detroit automaker.”It sounds crazy, and it’s at least risky, but Ford announced it would soon stop selling most of its passenger-car lineup in the U.S. market, which is craving more SUVs, crossovers, and trucks. Only Ford’s Mustang will remain, along with the Focus Active, which will arrive in 2019 as a wagon version in lower volumes.

Ford anticipates that by the end of 2020, light trucks will generate 90% of its North American sales — that’s certainly one way to boost margins. The decision is part of Ford’s strategy to get “fit,” which essentially means to feed the healthy parts of the business and cut costs. On the latter point, last October Ford was aiming at cutting $14 billion in costs; it then updated that by targeting $25.5 billion in savings by 2022.

A blue Ford F-150 towing a boat

Ford’s F-150 hauls big bucks for the company. Image source: Ford Motor Company.

It’s a high-risk, high-reward strategy. UBS analyst Colin Langan estimates Ford loses $800 million annually selling light cars, according to Automotive News, and that would filter down nicely to Ford’s bottom line. However, the company also risks losing a customer base looking for an entry-level-priced vehicle, and of course there’s the risk of consumer demand switching away from larger vehicles. We’ll see how it shakes out.

It’s possible Ford could bend on this strategy. But the decision is certainly the wildest move under Hackett so far, and one of the most interesting takeaways from this earnings season.

The future is now

Many investors haven’t heard of Aptiv yet — formerly Delphi Automotive — but almost certainly will in the decades ahead. Aptiv is uniquely positioned to deliver end-to-end smart-mobility and driverless-vehicle technology solutions. We don’t yet know which service providers (think Uber and Lyft) will win market share, or which automakers (think Ford and General Motors) will develop the best electric fleets or driverless vehicles, or how Silicon Valley will play its angle. But Aptiv will be involved in many aspects as a supplier.

That became even more clear Wednesday when it announced a small project with Lyft. The company said it would launch a fleet of 30 autonomous vehicles in Las Vegas on the Lyft network; passengers will have the ability to hail a self-driving vehicle equipped with Aptiv technology to go between high-demand locations.

It’s projects like this that will enable companies to figure out exactly how they can monetize big data, services, and driverless technology, as those all intersect in the evolving automotive industry. It’s unclear how it will all shake out, how soon this market will become lucrative, and which companies will rise to the top to the benefit of their investors. But this small project between Aptiv and Lyft makes it clear that the future of driverless cars is on its way, soon.

Earnings season is always crazy, and always exciting, and the first quarter of 2018 was no different. When you have a CEO losing patience with financial questions, Detroit’s second-largest automaker giving up on cars in the U.S., and driverless-car projects getting underway, you know it’s going to be an interesting year and decade. The industry is likely to evolve more over the next two decades than it has over the past century — and that could be very lucrative to savvy investors.

Should You Short Tesla Inc Stock Following Bizarre Earnings Call?

Virtually all companies talk about innovation. Only a few, like Tesla Inc (NASDAQ:TSLA), back up their claims with substantive results. But lately, TSLA hasn’t looked like the cocksure organization for which they’re renowned. With shares dropping more than 5.5% on Thursday, investors openly wonder: should I buy Tesla stock? Or is going short Tesla the safest action?

Throughout my time covering TSLA, I’ve generally maintained a positive outlook. Thus, I’m not one to short Tesla. Sure, the stock has a reputation for being wild, even compared to other technology firms. Plus, CEO Elon Musk doesn’t do things the conventional way. The man launched his Tesla Roadster into space. And not just any roadster but his personal ride.

But the company’s (and the founder’s) quirks are what endeared me to TSLA stock. In the ultra-competitive automobile market, you need whatever distinctions you can get. At least, that was what proved successful in the past. But recently, many investors consider TSLA’s “my way or the highway” attitude a liability. Thus, the cries to short Tesla.

In a first-quarter 2018 earnings report, which saw the company extending its earnings per share losses, the biggest story wasn’t the company’s consensus beat. Instead, it was what Cowen analyst Jeffrey Osborne dubbed a “surreal” environment. Morgan Stanley’s Adam Jonas backed up this assessment, stating that it was the strangest earnings call in his 20-year tenure.

Controversially, “Musk refused to answer questions from analysts on Tesla’s capital requirements, saying ‘boring questions are not cool.’” If you wanted to short Tesla based on this comment alone, I wouldn’t blame you. I hate excuse-making, especially when it comes from the top.

Still, investors will want to consider both sides of the argument.

Should I Buy Tesla Stock as a Contrarian Play?

Immediately from a tactical perspective, I’m hesitant on the negative play. Because the general opinion toward the company’s conference call was universal, so too is the “short Tesla” argument. You usually don’t make much money betting on the same horse that everybody favors.

First up, let’s talk about one of the most numbers: vehicle deliveries. In the most recent quarter, TSLA delivered just under 30,000 cars. This is up 20% against the year-ago quarter when the company delivered 20,000 cars.

Of course, bearish analysts point out that management plunked, and continues to plunk, significant resources to push these deliveries. These costs are rising, and Tesla doesn’t seem to have convincing answers. Still, our own James Brumley points out that the Q1 haul is more electric vehicles than Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) and Toyota Motor Corp (ADR) (NYSE:TM) sold, combined.

And yes, TSLA has significant trouble meeting its lofty 5,000 unit target for Model 3 sales. But Brumley counters that 450,000 drivers are on a waiting list for the Model 3. I mean, come on! Who waits for a standard-production car in this market? Clearly, demand remains ultra-strong for the company’s product offerings, which makes the idea to short Tesla highly risky.

Finally, TSLA’s concerted efforts have delivered phenomenal macro results. As an automotive brand, Tesla ranks number eight among the most valuable in the world at nearly $5.9 billion. To put this into perspective, TSLA outranks Land Rover ($5.53 billion) and Porsche ($5.14 billion). Keep in mind that the latter two are premium automakers, and are right in line with Tesla’s target demographic.

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Since no one quarter usually makes or breaks a company, to short Tesla appears an overreaction. Instead, these facts suggest you should buy Tesla stock.

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Short Tesla, But Only If You Have the Time

With all that said, I go back to Wall Street’s number-one rule: the markets can stay irrational longer than you can stay solvent. In other words, the markets always have the final word.

I concede the technical chart for TSLA stock is hind-end ugly. On a year-to-date basis, shares are down 9%. Currently, the equity trades below both its 50- and 200-day moving averages. And the big one for me is that Tesla is charting a series of lower highs and lower lows.

Since shares failed horizontal support at the psychologically important $300 level, the next logical direction is down. Certainly, Musk did his long-term shareholders no favors during the conference call. Bad things happen when you play games with Wall Street’s playmakers.

But only engage the short trade if you have the time to do so. What I mean is, if you have a job that prevents you from regular access to your portfolio, stay away. The ugliness in TSLA stock is probably temporary.

I’m not a fan of what Musk did. Yeah, he’s cool and trendy, but he’s got to know when to keep his mouth shut. But this is a company that is single-handedly rejuvenating a stale, old industry. Short Tesla stock? Maybe, but get ready to load up when the negative sentiment fades.

As of this writing, Josh Enomoto did not hold a position in any of the aforemen