Why Japan’s stock market could keep soaring — plus three stock picks there
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 14 2024
0mins
Should l Buy TSLA?
Source: MarketWatch
- Japanese Stock Market Performance: The Nikkei 225 index returned 31% last year, gaining attention in the U.S. financial media.
- Berkshire Hathaway's Investment: Warren Buffett's Berkshire Hathaway invested in five Japanese general-trading companies, making a significant impact.
- Potential for Japan's Market: Christian Heck from First Eagle Investment Management suggests Japan's market has untapped potential for efficiency improvement and better capital deployment.
- Long-Term Outlook: There is optimism about the long-term prospects of Japan's stock market.
- Interest from U.S. Investors: U.S. investors are increasingly looking at opportunities in the Japanese market.
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Analyst Views on TSLA
Wall Street analysts forecast TSLA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSLA is 401.93 USD with a low forecast of 25.28 USD and a high forecast of 600.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
30 Analyst Rating
12 Buy
11 Hold
7 Sell
Hold
Current: 406.010
Low
25.28
Averages
401.93
High
600.00
Current: 406.010
Low
25.28
Averages
401.93
High
600.00
About TSLA
Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Its segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty maintenance services and collisions, part sales, paid supercharging, insurance services revenue and retail merchandise sales. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. Its lithium-ion battery energy storage products include Powerwall and Megapack.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Aerodynamic Innovation: Earlier patent applications revealed Tesla's development of an active aerodynamic system that directs airflow through fans to generate downforce, potentially allowing the car to hover, significantly enhancing the Roadster's performance and competitive edge in the market.
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