NEW YORK �� The outspoken CEO of the largest automotive dealership chain in the U.S. publicly questioned the market value of Tesla on Tuesday, escalating the rivalry between traditional dealers and the electric-vehicle maker.
Tesla is "either one of the great Ponzi schemes of all time or it��s gonna work out," AutoNation CEO Mike Jackson said at a forum presented ahead of the�ahead of the New York Auto Show by the National Automobile Dealers Association and consultants�the�J.D.�Power.
His comments came a day after Tesla briefly passed General Motors as the most valuable American automaker, as measured by market capitalization.
"Clearly�General Motors is undervalued and Tesla is overvalued," Jackson said. "Anybody can see that."
The typically brash CEO's remarks came amid a stock rally for Tesla, which is riding high amid signs that its mass-market Model 3 electric car may be on track to begin sales in 2017.
Hot Undervalued Stocks To Invest In 2019: Odyssey Marine Exploration Inc.(OMEX)
Advisors' Opinion:- [By Money Morning Staff Reports]
After looking at this week's penny stock gainers, we'll give you that leg up with one of our top-rated penny stocks from our proprietary stock ranking system…
Penny Stock Current Share Price (March 26) Last Week's Gain Cartesian Inc. (OTCMKTS: CRTN) $0.39 170.69% Odyssey Marine Exploration Inc. (Nasdaq: OMEX) $8.76 135.90% iFresh Inc. (Nasdaq: IFMK) $8.25 64.64% China Auto Logistics Inc. (Nasdaq: CALI) $4.68 47.43% National American University Holdings Inc. (Nasdaq: NAUH) $1.20 39.29% Document Security Systems Inc. (NYSE: DSS) $1.58 33.91% Blonder Tongue Labs Inc. (NYSE: BDR) $0.77 33.90% CareDx Inc. (Nasdaq: CDNA) $7.49 29.88% Mediwound Ltd. (Nasdaq: MDWD) $5.10 26.51% New York & Co. Inc. (NYSE: NWY) $3.37 26.35%Don't Miss This Shot at a $78,000 Windfall: This tiny firm is about to make the entire world wire-free. As its game-changing technology revolutionizes the global power structure, its stock could hand investors a massive return. Learn more…
Hot Undervalued Stocks To Invest In 2019: ChannelAdvisor Corporation(ECOM )
Advisors' Opinion:- [By Shane Hupp]
ChannelAdvisor (NYSE: ECOM) and Tyler Technologies (NYSE:TYL) are both computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, risk, dividends, institutional ownership and profitability.
Hot Undervalued Stocks To Invest In 2019: SINOPEC Shangai Petrochemical Company Ltd.(SHI)
Advisors' Opinion:- [By Stephan Byrd]
Shanghai Petrochemical (NYSE: SHI) and Eastman Chemical (NYSE:EMN) are both basic materials companies, but which is the superior stock? We will contrast the two businesses based on the strength of their risk, earnings, dividends, analyst recommendations, institutional ownership, valuation and profitability.
Hot Undervalued Stocks To Invest In 2019: Espey Mfg. & Electronics Corp.(ESP)
Advisors' Opinion:- [By Stephan Byrd]
Espers (CURRENCY:ESP) traded up 5.2% against the US dollar during the one day period ending at 7:00 AM Eastern on May 28th. Espers has a market capitalization of $6.27 million and approximately $8,492.00 worth of Espers was traded on exchanges in the last 24 hours. One Espers coin can now be bought for about $0.0003 or 0.00000004 BTC on cryptocurrency exchanges including Livecoin and CoinExchange. During the last seven days, Espers has traded down 26.2% against the US dollar.
Hot Undervalued Stocks To Invest In 2019: Dillard's, Inc.(DDS)
Advisors' Opinion:- [By Adam Levine-Weinberg]
A day later, Macy's smaller rival Dillard's (NYSE:DDS) followed with its own solid earnings report. The better-than-expected results and a recent analyst upgrade have helped power a roughly 13% rally in Dillard's stock over the past week.
- [By Lisa Levin] Companies Reporting Before The Bell Walmart Inc. (NYSE: WMT) is estimated to report quarterly earnings at $1.13 per share on revenue of $120.51 billion. J. C. Penney Company, Inc. (NYSE: JCP) is expected to report quarterly loss at $0.2 per share on revenue of $2.63 billion. Dillard's, Inc. (NYSE: DDS) is projected to report quarterly earnings at $2.77 per share on revenue of $1.46 billion. The Children's Place, Inc. (NASDAQ: PLCE) is estimated to report quarterly earnings at $2.21 per share on revenue of $444.14 million. Manchester United plc (NYSE: MANU) is expected to report quarterly loss at $1.35 per share on revenue of $193.67 million. Teekay Corporation (NYSE: TK) is estimated to report quarterly loss at $0.08 per share on revenue of $296.76 million. KEMET Corporation (NYSE: KEM) is projected to report quarterly earnings at $0.41 per share on revenue of $306.72 million. Vascular Biogenics Ltd. (NASDAQ: VBLT) is estimated to report a quarterly loss at $0.21 per share. Teekay Offshore Partners L.P. (NYSE: TOO) is expected to report quarterly earnings at $0.04 per share on revenue of $272.04 million. Albireo Pharma, Inc. (NASDAQ: ALBO) is expected to report quarterly earnings at $1.77 per share on revenue of $31.32 million.
- [By Lisa Levin] Gainers SenesTech, Inc. (NASDAQ: SNES) shares jumped 113.5 percent to $0.6737 after the California Department of Pesticide Regulation proposed to register the company's ContraPest for sale and use in California. AgEagle Aerial Systems, Inc. (NASDAQ: UAVS) shares rose 35.34 percent to close at $3.32. Art's-Way Manufacturing Co., Inc. (NASDAQ: ARTW) shares gained 30.36 percent to $3.65. Xtant Medical Holdings, Inc. (NYSE: XTNT) shares jumped 25.6 percent to $7.4701 after the company disclosed that it has received the FDA clearance for InTice™-C Porous Titanium Cervical Interbody System. VAALCO Energy, Inc. (NYSE: EGY) shares surged 20 percent to $2.495. TransGlobe Energy Corporation (NASDAQ: TGA) surged 17.04 percent to $2.61. Boxlight Corporation (NASDAQ: BOXL) gained 15 percent to $8.32 after the company announced an exclusive partnership with Multi Touch Interactives to strengthen the development of next generation interactive educational activities. Arcimoto, Inc. (NASDAQ: FUV) gained 15 percent to $3.39. MB Financial, Inc. (NASDAQ: MBFI) rose 13.7 percent to $49.64. Fifth Third Bancorp (NASDAQ: FITB) agreed to acquire MB Financial for $54.70 per share in cash and stock. FRONTEO, Inc. (NASDAQ: FTEO) shares rose 11.8 percent to $20.956. TransEnterix, Inc. (NYSE: TRXC) shares jumped 11.1 percent to $3.38. 21Vianet Group, Inc. (NASDAQ: VNET) rose 10.6 percent to $7.41. NII Holdings, Inc. (NASDAQ: NIHD) shares gained 9 percent to $2.32. Kelly Services, Inc. (NASDAQ: KELYA) rose 7.6 percent to $24.19. Northcoast Research upgraded Kelly Services from Neutral to Buy. LaSalle Hotel Properties (NYSE: LHO) shares climbed 5.6 percent to $33.70. Blackstone Group LP (NYSE: BX) will buy LaSalle Hotel Properties in a $4.8 billion deal, Bloomberg reported. Alteryx, Inc. (NYSE: AYX) gained 5.5 percent to $32.56. KeyBanc upgraded Alteryx from Sector Weight to Overweight. Energizer Holdings, Inc. (NYSE:
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