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Tesla Motors Long Term Future

I can’t resist noting that today one of the 10 Forever Stocks, Tesla Motors (TSLA), jumped 21% at the market open.

What You’ll Get at the Cabot Investors Conference Up 21% In One Day!

Tesla’s Long-Term Future is Bright

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Last week a long-time subscriber who’s a money manager stopped in to visit here at Cabot’s office in Salem. And after talking about her business a while, and the market as a whole, I asked her the big money question. “Seeing that you’re already registered for the Cabot Investors Conference, what’s the one most important thing you hope to get from the conference?”

Here’s what she answered.

“I’ll give you three things!

“First, I’d like to hear you personally explain the similarities and differences of all your advisory services. You’ve got newsletters using growth strategies, momentum strategies, value strategies, options and more, and even as a professional, I’m not sure I’m subscribing to the products that can help me best. I think if you stood up there and gave your perspective on all the operations, it would help a lot.

“Second, I’d like to hear each editor personally describe his investment strategy. I know Mike’s system pretty well because I’ve been reading him for so long, and I know Paul’s focused mainly on Asia—I did very well with him a few years back. But I want to know more about your small-cap editor; how small is small, and how long does he hold the average stock? I want to know more about your options editor; how short-term is his advice, and how many trades does he give in a typical week? I want to hear your ETF guy, because ETFs are the perfect investment for some of my smaller clients. In short, I want to hear them all!

“Third, I’d like each editor to give specific example of investments they like now, and explain why, in detail. I know some of your editors are big users of charts like me, and I know some put much more emphasis on the fundamental story, or the valuation. Hearing each one explain why a couple investments are very attractive to them would be a big help.”

“Fourth—yeah, I know I said three, but I just thought of one more—I’d like to be able to talk to the editors directly, one-on-one either in a breakout session or over cocktails. That would be ideal!”

My answer was easy. I told her she could have everything she asked for.

Plus, I told her she wouldn’t be bothered by outside vendors at the conference; the entire event is totally geared to making subscribers better investors.

Finally, I told her that we’d soon be surveying all registered attendees by email, to get their responses to the same question, so we’d be sure of making everyone a better investor.

If you’re already registered, be sure to look for it. And if you haven’t registered (the conference is in mid-August, and thanks to the Atlantic Ocean, Salem is seldom too hot), you really should click below now!

Early Bird Discount Extended One More Day. Reserve your spot before it’s too late.

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Moving on, I can’t resist noting that today Tesla Motors (TSLA) jumped 21% at the market open, thanks to news that sales had exceeded expectations and that the company turned a profit in the first quarter of this year.

I can’t resist because it was only two weeks ago that I completed my series titled “Ten Stocks to Hold Forever” with a recommendation of Tesla. If you want to read the whole thing, you can find it, including the line, “though I work very hard to avoid falling in love with stocks, I will confess that TSLA is my favorite stock” by clicking here.

I hope you bought some back then. But if you didn’t, I still don’t think it’s too late.

Fundamentally, the only thing that’s changed is that the short-term picture just got a little brighter.

And technically, this high-profile breakout to new highs by the stock is actually a positive sign. Sure, there’s a risk that the days ahead could see some profit-taking, and the stock could give back a few points of today’s advance. For that reason, ace technical analyst Mike Cintolo says the way to play a chart like this is to ease into your position gradually, starting by buying perhaps a third of your normal position.

But long-term, this investment is looking better every day. The bandwagon is getting rolling and the potential is there for it to get rolling a lot faster!

So you could just buy here, cross your fingers, and hold your breath. But what I really recommend is that you take a very affordable subscription to Cabot Stock of the Month Report. I actually named Tesla as Stock of the Month back in December, 2011, and I’ve been updating subscribers on it—and all the other stocks I’ve selected—every week since.

My subscribers are up 53% and I’d like you to join them!

For details, click here.

Yours in pursuit of wisdom and wealth,

Timothy Lutts
Editor of Cabot Stock of the Month

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Timothy Lutts is Chairman Emeritus of Cabot Wealth Network, leading a dedicated team of professionals who serve individual investors with high-quality investment advice based on time-tested Cabot systems.