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DeepNewz, mobile.
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Tesla ($TSLA) stock has achieved a 9-day winning streak, with a 36% increase compared to the NDX's 4% rise. Other Mag 7 stocks like Apple ($AAPL), Meta ($META), Amazon ($AMZN), Google ($GOOG), Microsoft ($MSFT), and Nvidia ($NVDA) also saw gains. Tesla now trades at 102 times its 2024 earnings, with a forward P/E ratio of 99x.
Mag 7 Forward P/E: $GOOGL 25x $META 27x $AAPL 34x $MSFT 40x $AMZN 44x $NVDA 46x $TSLA 99x
It's only the 5th time that $TSLA has had 9 day win streak. Small sample, but the 4 previous times it was higher 21 days later every time, with an avg gain of 18.6%: https://t.co/DlE5DyRuhK https://t.co/81PAwzmCCg
9 Day Win Streak For $TSLA now in the books, stats are starting to point towards that kind of streak coming to an end.
