TSLA Jan 2020 195.000 put

OPR - OPR Delayed Price. Currency in USD
5.25
-0.20 (-3.67%)
As of 10:10AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close5.45
Open5.40
Bid5.25
Ask5.40
Strike195.00
Expire Date2020-01-17
Day's Range5.25 - 5.40
Contract RangeN/A
Volume7
Open InterestN/A
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    Electric bike-sharing startup Wheels raises $50 mln in latest funding round

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  • Tesla to start Powerwall home battery installations in Japan
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    Tesla to start Powerwall home battery installations in Japan

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  • TheStreet.com

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  • TheStreet.com

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    Individuals invest in the stock market for a variety of reasons. New investors often buy growth stocks in the hopes of massive gains. Many will turn to known names such as Tesla (NASDAQ:TSLA) or Netflix (NASDAQ:NFLX). However, investors may open this position only after stocks like this have become well-known. By then, the significant gains have already occurred in most cases.To see outsized returns, investors have to buy before the companies become frequently discussed in the media. This typically involves looking for unknown or lesser-known growth stocks making gains while escaping the notice of the financial press. * 7 Beverage Stocks to Buy Now Fortunately, numerous stocks have benefitted from substantial growth over the last few years. Moreover, Wall Street expects these increases to continue for a long time to come. These seven under-the-radar stocks to buy have both a track record of growth and the ability to deliver outsized returns for years.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Abiomed (ABMD)Source: Pavel Kapysh / Shutterstock.com Abiomed (NASDAQ:ABMD) makes medical devices that improve circulatory functions, including artificial hearts. The company came into existence in 1981 to implant the first artificial heart. However, most of their work focuses on improving the function of existing organs.ABMD stock has traded since 1987. However, the equity did not begin to trade like other growth stocks until 2014. ABMD sold in the $25 per share range in the fall of 2014. From there, it began a steady increase and spiked to almost $460 per share about a year ago. However, profit growth has stagnated as analysts predict only 0.8% for this year. As a result, Abiomed has since fallen back, and it trades at just over $160 per share today.Still, with the stock having lost 65% of its value, investors should consider ABMD when it finally stops falling. As things stand now, its forward price-to-earnings (PE) ratio has fallen to 33.55.Moreover, analysts forecast profit growth, which had averaged 63.91% per year over the last five years, to soon see massive growth again. Wall Street predicts 24% average annual earnings increases for the next five years. Once this begins to appear in the results, ABMD may resume its climb back to its all-time high, and maybe beyond. Exelixis (EXEL)Source: Shutterstock Exelixis (NASDAQ:EXEL) develops medicines used in the treatment of cancer. In the world of oncology treatment, most know them best for Cometriq, their drug to treat thyroid cancer.EXEL hit a high of just over $30 per share in early 2018. Since then, it has seen more downs than ups as profit levels have pulled back. Wall Street forecasts an earnings decline of 58.8% for the year. Profits decreased as revenues from the company's collaboration agreements fell. At the same time, expenses for research, personnel, marketing, and taxes increased. Today, EXEL stock trades at about $16 per share.However, that drop in profits, along with a downtrend, may soon create a buying opportunity. It now trades at just 14.5 times forward earnings. And this year's lower profit looks like an anomaly. Profits grew by an average of 86.64% per year over the last five years. While the next five years will not quite match that level, analysts still expect annual earnings growth to average 46% per year over the next five years. * 10 Tech Stocks to Buy Now for 2025 As the population ages, and the company develops new treatments, rising revenues and profits should help EXEL maintain its place among growth stocks. Five Below (FIVE)Source: Jonathan Weiss / Shutterstock.com Five Below (NASDAQ:FIVE) operates as a different kind of ultra-discounter than a Dollar Tree (NASDAQ:DLTR) or a Dollar General (NYSE:DG). As the name implies, Five Below sells its products for $5 or less. Unlike other counterparts, it also caters specifically to children and teens.FIVE stock traded as low as $28 per share in late 2015. Since then, it has risen steadily, peaking at $148.22 per share in April of this year. FIVE saw a pullback over the summer but still trades above $125 per share.Still, that looks like a healthy pullback as the equity trades at around 34.1 times forward earnings. Moreover, profit growth seems to make that valuation justifiable. Analysts expect earnings to grow by an average of 20.4% per year over the next five years.Furthermore, compared to other ultra-discounters, the company is just getting started. Five Below operates over 850 stores in 33 states. Despite its large footprint, it remains much smaller than other ultra-discounters. Dollar Tree and Dollar General each operate more than 15,000 stores across the country.The youth demographic may not support 15,000 stores. However, this implies FIVE stock can still benefit from expansion to areas not yet served and add more stores in states where it currently operates. This and a moderate PE ratio should deliver returns to longer-term investors over time. Parsley Energy (PE)Source: Shutterstock Parsley Energy (NYSE:PE) operates as an independent exploration and production (E&P) company. Although headquartered in Austin, it deals in properties in the Permian Basin of West Texas and southeastern New Mexico. At the end of 2018, the company reported 499 million barrels of proven reserves and production that averaged 109,000 barrels per day.The E&P sector remains volatile, and most equities in this sector tend not to remain growth stocks. However, PE stock has typically maintained its earnings increases through the ups and downs.Admittedly, at the current price of close to $17 per share, it trades well off of the late 2016 peak of just under $40 per share. However, twice over the last year, it has bounced after hitting the $14 per share level. This strongly indicates a limited downside to PE stock.Moreover, the profit picture also looks favorable, considering the industry in which it operates. Like most E&P firms, it reported a net loss in 2016. Despite that hiccup, earnings grew by an average of 48.73% per year over the last five years. Analysts forecast the next five years will show an average profit growth rate of 38.7% per year. Despite massive profit increases, the forward PE ratio stands at about 8. PE stock also trades below its book value. * 7 Funds to Buy If the Market Turns Sour Given the growth available at a low valuation, investors may have an excellent reason to take a chance on an otherwise risky E&P stock. Planet Fitness (PLNT)Source: Ken Wolter / Shutterstock.com With over 1,800 locations spread across all 50 states and four foreign countries, most Americans have likely driven by a Planet Fitness (NYSE:PLNT) location. Admittedly, investors do not typically think of fitness centers when looking for growth stocks. However, this company has quietly turned its industry on its head. In a world where gym memberships easily cost $40 per month or more, Planet Fitness offers memberships between $10 and $22.99 per month.Both customers and investors have reacted positively to this business model. PLNT stock, which traded below $20 per share as late as 2017, rose as high as $81.90 per share by the summer of 2019. It has since fallen to a level of around $58 per share.However, this pullback may offer a buying opportunity. The forward PE ratio now stands at around 31. Furthermore, analysts expect earnings growth to average 25.3% per year over the next five years. With a market cap of around $5.4 billion, and growth outside the U.S. beginning to take off, both the company and PLNT stock still should have significant room for growth. Pinnacle Financial Partners (PNFP)Source: Shutterstock Pinnacle Financial (NASDAQ:PNFP) is the parent company of Pinnacle Bank, a Nashville-based regional bank operating in the Southeast. This financial institution, which started in 2000 in Nashville, has gradually spread to 114 locations in four southeastern states. It has also become the number one bank for deposits in the Nashville area.Like most banks, the 2008 financial crisis hit PNFP stock hard. However, since 2010, Pinnacle Financial has made itself one of the better-performing growth stocks. It has risen from just below $9 per share to almost $70 per share since early 2017. The stock has struggled since then, declining to a low of just over $43 per share last December. Since that time, it has resumed its move higher and trades at about $56 per share.Wall Street forecasts profit growth of 11.2% this year and just 1.7% in fiscal 2020. However, for the next five years, they expect average annual earnings increases of 32.2%. With a forward PE ratio of around 10.5, it appears the PNFP stock price does not yet factor in this future growth. * 10 Tech Stocks to Buy Now for 2025 Pinnacle looks poised to continue its expansion across the Southeast. With a focus on development, a low multiple, and massive profit growth expected, PNFP stock appears positioned to profit investors in the coming years. XPO Logistics (XPO)Source: via XPO Logistics (Modified) XPO Logistics (NYSE:XPO) has become one of the largest logistics firms in the world. The Greenwich, Connecticut-based company employs around 100,000 people. It serves about 50,000 customers in 32 different countries. The company began in 1989, and it has grown to its current size largely through acquisitions.Growth stocks like XPO have benefitted from tremendous earnings increases over the last ten years, due in large part to e-commerce. Trading at just over $3 per share in 2009, it rose as high as $116.27 per share by September 2018. From there, it saw a massive decline, falling to as low as $45.73 per share in March. However, since that time, it has seen a steady recovery. XPO stock sells for about $73 per share as of the time of this writing.Despite the rebound, it remains a reasonably-priced equity. XPO stock supports a forward PE ratio of around 16.5. This seems like a low multiple considering that analysts forecast a 19.7% earnings increase this year. Over the next five years, they estimate average annual profit growth of 25.9%.This means investors still can profit from XPO stock. Despite the growth, the market cap is only about $6.8 billion. With e-commerce still in a growth mode, XPO Logistics stock should keep on trucking for the foreseeable future.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Beverage Stocks to Buy Now * 10 Groundbreaking Technologies Created by Universities * 5 Semiconductor Stocks Worth Your Time The post 7 Under-The-Radar Growth Stocks That Could Benefit New Investors appeared first on InvestorPlace.

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    Going into earnings, due October 23, Tesla (NASDAQ:TSLA) is offering a calm but fraught chart pattern. TSLA stock has spent most of the last three months between $220-250, whipsawed (as usual) by various rumors, small news events, and irrelevancies.Source: Tudoran Andrei / Shutterstock.com The shares closed near the top of that range, at over $247 on Friday, as short volume has (for now) fallen to 21%, after topping 25% at the start of the month.If the company can hit the "whisper" estimates for the quarter, a $250 million or $1.40 per share loss on $6.6 billion of revenue, it could sound an all-clear. Official estimates are for a smaller loss on lower revenue. Hedge funds had been edging back into Tesla shares early this year, as it fell to a low of $185.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIs it time to buy again? The TSLA Bull CaseTesla has gone from being a curiosity to a major maker of luxury cars.It was the leading luxury nameplate in the U.S. during the second quarter of the year. It had more than double the sales of Lincoln, Buick and Cadillac combined. Almost one-fourth of the small- and mid-sized luxury cars sold in this country are now made by Elon Musk's minions. * 10 Best Cloud Growth Stocks Right Now During the third quarter, Tesla delivered 97,000 cars. Reporters called it a failure, short of estimates, but delivering 105,000 in the fourth quarter will still bring its total for the year to 360,000. Musk is telling employees they can get close to that figure.Tesla's Shanghai factory could start production this month, producing at a 500,000 car per year rate by the end of the year. Tesla sales in China nearly doubled this year.The big profits for Ford Motor (NYSE:F) and General Motors (NYSE:GM) come from their pick-up trucks, which often sell for $50,000 and more, fully equipped. Tesla is announcing a pick-up in November. The Bear Case Switches to SurvivalTesla is failing in solar panels. Its batteries are doing well but still represent less than 7% of sales. Tesla is still not making a profit. It's not yet close, with gross margins falling even as production increases.Some analysts are publicly warning investors away from Tesla. The bears say the story is switching from innovation to survival, meaning it gets whacked with every earnings miss.Then there's CEO Musk himself, who, like a certain Washington resident, can't seem to quit Twitter. Musk is mercurial, thin-skinned, more interested in his privately owned SpaceX than the car company. He wants to put chips in peoples' brains. He is taking billions of dollars out of the company in pay and incentives while investors get speculation. * 10 Great Biotech Stocks to Buy in Q4 Of 33 analysts currently following TSLA stock, 10 are saying buy, 9 are saying sell, and 11 don't know what to say. Their earnings estimates are all over the map, ranging from monster loss of more than $600 million to a small profit for this quarter. Guesses for next year range from a loss of almost $1 billion to a profit of $2.4 billion.They don't know what to think. Neither do I. The Bottom Line on Tesla StockTesla stock remains a gambler's play, as fascinating as Elon Musk himself.I can't recommend it to investors, because I don't gamble. But for traders looking for action, there may be no better play on the board, whether you want to bet up, down or short.If I had a hunch what was going to happen at Tesla, I'd play it with options, where losses can be controlled and where leverage applies.I'm going to sit this one out and grab some popcorn.Dana Blankenhorn is a financial and technology journalist. He is the author of the historical mystery romance The Reluctant Detective Travels in Time available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this story. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Super Boring Stocks to Buy With Super Safe Returns * 10 Winning Stocks to Buy and Stick With for the Long Haul * Don't Give Up on These 4 Cannabis Stocks The post Are Tesla Stock Investors Seeing Some Stability, at Last? (Uh, No) appeared first on InvestorPlace.

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In early 2019, General Electric Co. reported GAAP losses of $2.43 per share; under adjusted figures it earned $0.65 per share. Tesla Inc. reported full-year GAAP losses of $5.72 per share but “non-GAAP” losses were only $1.33 per share. Over 95% of S&P 500 companies regularly use at least one non-GAAP measure, up about 50% over the last 20 years.One question is how companies choose to recognize income. In the case of long-term, multi-year contracts, such as construction projects, reported revenue can be based on a formula: a portion of the total contract amount, calculated as costs incurred in the relevant period as a percentage of total forecast costs. Understating estimated final costs allows margins to be increased and greater revenue to be recognized up front. Following the collapse of Carillion PLC, the firm was found to be aggressive in recording income which was sensitive to small changes in assumptions. Given the trend to converting sales of products (such as software) into long-term service contracts, these risks are only going to grow. Companies can understate expenses. Many tech companies use non-GAAP accounting to strip out the cost of employee stock options, for instance, thereby showing higher earnings. WeWork sought to redefine traditional earnings before interest, tax, depreciation and amortization as something called “community-based EBITDA.” The new measure conveniently excluded normal operating expenses such as marketing, general and administrative expenses, development and design costs.Spending may be treated as an asset, to be written off in the future rather than when expended. A recent JPMorgan Chase and Co. research report found software intangible assets (the amount spent but not yet expensed) averaged up to 15% of adjusted costs for a sample of European banks. The idea is to better match expenses to the period over which they are expected to benefit the business. But the practice may overstate current earnings.Related-party transactions can distort a company’s true financial position. Saudi Arabia slashed the tax rate on large oil companies to 50% from 85%, even though the government depends on the profits of Saudi Arabian Oil Co. for 80% of its revenues. Aramco will still pay most of its profits to the state, but as dividends rather than tax. That means reported profits will be higher, potentially increasing the company’s valuation ahead of a highly anticipated initial public offering. Complex structures can mask liabilities. Tesla, for instance, faces potential payments related to its SolarCity business. Before being bought by Tesla in 2016, SolarCity regularly sold future cash flows to outside investors in exchange for upfront cash. Tesla assumed these obligations and has continued the practice. The obligations now reportedly total over $1.3 billion.To reduce unfunded pension liabilities, some companies have borrowed at low available interest rates to inject money into the funds. That’s fine as long as fund returns -- generally assumed to be around 6% to 8% -- are higher than the cost of borrowing. If returns come in lower, however, the companies in question will have to raise their contributions, affecting future earnings.New business models often disregard potential costs. If Lyft Inc. and Uber Technologies Inc. drivers are reclassified as employees as proposed in California, then hidden employment costs would need to be recognized, perhaps retrospectively. Newly listed fitness company Peloton Interactive Inc. faces a $300 million lawsuit from music publishers who claim the company used their songs in workouts without paying licensing fees.Finally, stated asset values can be misleading. Goodwill, the difference between acquisition price and the fair value of actual assets acquired, now averages above 50% of acquisition price. Goodwill values are notoriously uncertain. In 2018, GE unexpectedly wrote off $23.2 billion of goodwill arising from its acquisition of Alstom SA.The problem is compounded by private markets, where funding rounds can establish questionable valuations. Recent investments into WeWork valued the company at over $40 billion, more than three times the projected pricing of its abandoned IPO. A recent proposal to get Saudi businesses to make anchor investments in Aramco ahead of its IPO could also inflate its valuation.“Fake” financials, as some would call them, undermine markets. With a correction looking increasingly likely, investors need to start working with regulators and standard setters now to close accounting loopholes, while scrutinizing underlying data more closely. Otherwise, the more creatively companies are allowed to manage their financial position for short-term gain, the bigger the bill is going to be.(Corrects definition of goodwill in twelfth paragraph.)To contact the author of this story: Satyajit Das at sdassydney@gmail.comTo contact the editor responsible for this story: Nisid Hajari at nhajari@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Satyajit Das is a former banker and the author, most recently, of "A Banquet of Consequences."For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

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