Tesla is the 'best undervalued AI play right now,' says Keith Fitz-Gerald

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Published 2024-07-02
Keith Fitz-Gerald, principal of Fitz-Gerald Group, joins CNBC's 'Power Lunch' to discuss why he thinks the Fed is a 'caveat' to the market rally, how to position, and more.

All Comments (21)
  • The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 90% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...
  • @Jamesjerome0
    I already own shares of TSLA, NVDA and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200,000 or less..
  • @Wayouttalk
    Hate him or love him, Musk knows what he’s doing!
  • @keto6789
    lol a few months ago nobody wanted it ...
  • Keith is AWSESOME! He is years ahead of his competition... perhaps have have a particular like since he is a long term investor with a Vision of 2+ Years. He even got IONQ and nailed that!
  • @777Outrigger
    More bad news for the parking-lot truthers. With Tesla delivering 444,000 cars in Q2 with production at 411,000 there was a big draw down in inventories. It's a beat of every Wall Street estimate for Q2. ... Not to mention, Tesla Energy up 232%. In 2 years, Tesla Energy will be equal in size to it's car business.
  • @shishkilover
    Idk bout yall but 730billion for Tesla seems a bit much
  • @MickyGlover
    I already own shares of TSLA, NVDA and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200,000 or less.. .....
  • @kumaranmani
    So analysts lower expectations. Company beats. Everyone sings Kumbaya and stock appreciates. Next quarter repeat. Meanwhile YoY keeps dropping. lol
  • @LivaHolst
    It was stupid of me to sell $76,000 worth of TSLA stocks without reinvesting. I might turn to cash soon if I don't. Any particulars? (Buying bonds or CDs is not for me).
  • @Willtopia
    Buy and hold is not an investment strategy is the worst investment quote I ever heard.
  • @stoor79
    Will hold TSLA for years and years. Small cap pick for me is Innodata. Already done great and will continue to do so because it’s well positioned in the AI industry. Will keep growing or will get acquire IMO.
  • @GM4ThePeople
    "Keith Fitz-Gerald" is an anagram for "Faked Their Glitz". o/
  • Can you teach us how to read news? good video,good job to copy
  • I am not saying TSLA will not go up from here. I sincerely hope it does, so that the shareholders make money. But, in no shape or form is TSLA undervalued under any metric.
  • @Judge247
    Is it just me, or is Jay the Destroyer throwing off kind of a Les Nessman vibe…
  • @illegalsmirf
    lol sometimes i need to take a shower after taking a dump because my butt is so soiled