TS2B: Tech Stocks 2 Buy, Mega-Cap Edition on Tesla 10.19.20

Good Monday everyone and welcome to the BCB Cyber Series that takes on the Tech stocks that can provide the cyber-fuel we need to pursue our digital wealth passions.

We are talking about tech Mega-Cap Tech Today. As we dig for the cyber-fuel we need, we are always working to make sure the best of the best, monster companies in tech play, form a key portion of our portfolios.

For all these mega-cap stocks, just like Investopedia, our core defining feature here is that the market cap is over $200 Billion! As always though, we dig deeper still, looking for those companies that are pushed by incredible disruptive tech with a great story, not to mention having a solid base in the numbers.

Tesla Becomes Mega-Cap!

Before we dive too deep though, we strongly advocate that we don’t act solely on anyone else’s opinion, even ours! Make sure we are all thinking for ourselves as self-definers and making our own decisions. In the end, the responsibility is on each one of us as individuals. So decide wisely!

BCB Cyber: Mega-Cap Analysis

Jumping right in the BCB Cyber way, we cover 3 quick pieces of important information so we can get moving on our day. First, we tackle the story to find out who and what the company is, second, we look at the numbers both positive and negative, and finally we discuss our position on the stock.

This is TS2B, Tech Stock to Buy, Mega-Cap edition, and this week we are going to take on Tesla, the Palo Alto, California energy-redefining enigma; cleverly, unintentionally, disguised as an automobile company.

Tesla is no doubt one of the biggest new competitors in the world of automobiles, however, forever redefining the world’s understanding of transportation. While not the only electric vehicle manufacturer, it is the only company that has caught the public’s attention to such a unique degree and with such style. With little to no marketing budget, Tesla demonstrates that a phenomenal business model and one of the best products on the market can help redefine how we look at the world. Join our deep dive now, on TESLA.

1 – STORY

Tesla is the newest neighbor to the mega-cap block. You would have had to be hiding under a rock over the last few years not to hear about this fantastic company. Tesla, like Alteryx last week, hits all the checklist boxes we love to see in a disruptive tech company.

The following graphics highlight this: Unparalleled leadership, a slate of products primed to redefine how the world produces, stores, and uses energy, and ultimately, a company that is primed financially for tremendous growth and prosperity.

Tesla’s CEO, Elon Musk, is an enigmatic leader no doubt, one thing that cannot be overstated, however, is that he is the face of Tesla and he is setting the world on fire by winning over critics! This is a fairly recent development though…

But within a few short months, the narrative on Musk had been forever altered in 2019. How quickly things change…

Redefining Global Energy in the EV Space

In addition to these elements, Tesla demonstrated its effect on the world during the Pandemic and is positioning itself for so much more to come…

2 – BY THE NUMBERS

3 – THE BCB CYBER TAKE

As of this morning, on 10.19.20, my own portfolio has a position of 17.45% in Tesla with a cost basis of $155.42. This is definitely a stock worth buying at the right price and one that BCB Cyber believes to be the right fuel for the fire! As always, think for yourself, do your own homework, and cyberize your life with the best in disruptive tech. Learn more in our Wealth Section and dive deeper with Establishing the Baseline!

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