Tesla, Inc. (TSLA - Free Report) has come storming back as the stock to beat in 2020. But all the excitement isn’t just about the stock chart as earnings estimates have been skyrocketing higher too. 8 estimates have been raised for 2020 in the last month, with 3 in just the last week. The 2020 Zacks Consensus has soared to $6.28 from $4.90 just 3 months. That’s an earnings gain of 6,386% as Tesla is still expected to lose $0.10 in 2019. Tesla is a Zacks Rank #2 (Buy) stock.
JPMorgan Chase & Company (JPM - Free Report) is considered to be one of the top big banks in the United States. It didn’t disappoint in its Q4 earnings report, beating the Consensus by $0.25. Shares are up 34% over the last year but are still cheap compared to the S&P 500. The bank is trading with a forward P/E of just 12.9. It also pays a dividend, currently yielding 2.6%. JPMorgan Chase is a Zacks Rank #2 (Buy) stock.
Should these two companies be on your investing short list? Find out in this week’s video.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>