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  • anonymous_of_wall_street - AOWS @anonymous_of_wall_street 13 minutes ago
  • Tesla’s Shift Online Could Help This Stock.
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@anonymous_of_wall_street .
Tesla has been locked in a decade-long battle with traditional auto dealers, who have been pressuring legislators to prevent the company from selling its electric vehicles directly to consumers at stores. Tesla has since shifted its focus to online sales (which are less encumbered by traditional regulations), betting that plenty of people will want to buy a car without a test drive or personal touch, factors that have long dominated the industry.

What’s new. Robert W. Baird’s Colin Sebastian reiterated an Outperform rating on Carvana on Monday, and raised his price target to $65 from $58. He’s optimistic about the stock’s ability to keep rallying, thanks to the seasonal uptick in car sales in the warmer months and positive near-term data, which leads him to estimate first-quarter sales of around 34,000 units, an 85% year-over-year increase, yielding revenue of $678 million, an 88% jump from last year’s first-quarter levels.

Looking ahead. It’s not just the prospect of a better-than-expected first quarter that has Sebastian bullish. He writes that the pivot to an e-commerce model at Tesla, as well as CarMax (KMX), are powerful endorsements for this new way of buying cars, meaning that “concerns around the viability of Carvana's e-commerce business model could further  abate.”
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 Anonymous of Wall Street provides the latest stock market, financial,business news and the coolest merchandise !!! Check my profile .
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#wallstreet #stocksmarket #forbes #la #investing  #miami #daytrader #daytraderlife #nyc #atlanta #newyorkstockexchange #thestockmarket #forextrader #forextrading #money #traders #swingtraders #positivethinking #income #followforfollowback #style #la #success #lasvegas #successful #lifestyle #entrepreneur #entrepreneurlife #hustle #hardwork
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DISCLAIMER:  Any content on Anonymous of Wall street should not be relied upon as advice or construed as providing recommendations of any kind. It is your responsibility to confirm and decide which trades to make. Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle. Tesla’s Shift Online Could Help This Stock. . 📈📈📈📈📈 . @anonymous_of_wall_street . Tesla has been locked in a decade-long battle with traditional auto dealers, who have been pressuring legislators to prevent the company from selling its electric vehicles directly to consumers at stores. Tesla has since shifted its focus to online sales (which are less encumbered by traditional regulations), betting that plenty of people will want to buy a car without a test drive or personal touch, factors that have long dominated the industry. What’s new. Robert W. Baird’s Colin Sebastian reiterated an Outperform rating on Carvana on Monday, and raised his price target to $65 from $58. He’s optimistic about the stock’s ability to keep rallying, thanks to the seasonal uptick in car sales in the warmer months and positive near-term data, which leads him to estimate first-quarter sales of around 34,000 units, an 85% year-over-year increase, yielding revenue of $678 million, an 88% jump from last year’s first-quarter levels. Looking ahead. It’s not just the prospect of a better-than-expected first quarter that has Sebastian bullish. He writes that the pivot to an e-commerce model at Tesla, as well as CarMax (KMX), are powerful endorsements for this new way of buying cars, meaning that “concerns around the viability of Carvana's e-commerce business model could further abate.” . Anonymous of Wall Street provides the latest stock market, financial,business news and the coolest merchandise !!! Check my profile . . #wallstreet #stocksmarket #forbes #la #investing #miami #daytrader #daytraderlife #nyc #atlanta #newyorkstockexchange #thestockmarket #forextrader #forextrading #money #traders #swingtraders #positivethinking #income #followforfollowback #style #la #success #lasvegas #successful #lifestyle #entrepreneur #entrepreneurlife #hustle #hardwork . . DISCLAIMER: Any content on Anonymous of Wall street should not be relied upon as advice or construed as providing recommendations of any kind. It is your responsibility to confirm and decide which trades to make. Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle.
  • Tesla’s Shift Online Could Help This Stock. . 📈📈📈📈📈 . @anonymous_of_wall_street . Tesla has been locked in a decade-long battle with traditional auto dealers, who have been pressuring legislators to prevent the company from selling its electric vehicles directly to consumers at stores. Tesla has since shifted its focus to online sales (which are less encumbered by traditional regulations), betting that plenty of people will want to buy a car without a test drive or personal touch, factors that have long dominated the industry. What’s new. Robert W. Baird’s Colin Sebastian reiterated an Outperform rating on Carvana on Monday, and raised his price target to $65 from $58. He’s optimistic about the stock’s ability to keep rallying, thanks to the seasonal uptick in car sales in the warmer months and positive near-term data, which leads him to estimate first-quarter sales of around 34,000 units, an 85% year-over-year increase, yielding revenue of $678 million, an 88% jump from last year’s first-quarter levels. Looking ahead. It’s not just the prospect of a better-than-expected first quarter that has Sebastian bullish. He writes that the pivot to an e-commerce model at Tesla, as well as CarMax (KMX), are powerful endorsements for this new way of buying cars, meaning that “concerns around the viability of Carvana's e-commerce business model could further abate.” . Anonymous of Wall Street provides the latest stock market, financial,business news and the coolest merchandise !!! Check my profile . . #wallstreet #stocksmarket #forbes #la #investing #miami #daytrader #daytraderlife #nyc #atlanta #newyorkstockexchange #thestockmarket #forextrader #forextrading #money #traders #swingtraders #positivethinking #income #followforfollowback #style #la #success #lasvegas #successful #lifestyle #entrepreneur #entrepreneurlife #hustle #hardwork . . DISCLAIMER: Any content on Anonymous of Wall street should not be relied upon as advice or construed as providing recommendations of any kind. It is your responsibility to confirm and decide which trades to make. Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle.
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