Weekend reads: Buy GM and sell Tesla
By Philip van Doorn
Also, tremendous potential for Facebook and virtual reality
GM/Tesla
Even before the announcement of its partnership with Microsoft Corp. MSFT to develop autonomous cars, shares of General Motors Co. GM had been soaring. Under the leadership of CEO Mary Barra, GM aims to compete in the new world of electric vehicles, with plans to have 30 fully electric models available by 2025.
GM’s stock is up 34% so far in 2021, while shares of Tesla Inc. TSLA are up “only” 21%, following their incredible 743% run in 2020.
Jeff Reeves gives five reasons GM’s stock may be able to go toe-to-toe with Tesla’s shares during 2021.
Read on:
Tesla is not a safe stock for long-term investors
Cody Willard is convinced that virtual reality will be a giant industry, based on his own experience using the technology to expand his productivity. He believes VR can be a tremendous moneymaker for Facebook Inc. FB and its shareholders.
Arlene Weintraub explains how you can be proactive and protect them.
More about the vaccines:
Alessandra Malito has advice about a difficult subject — estate planning. Nothing is easier to put off, but the pandemic has underscored how important it is to put affairs in order before someone dies. Here are the steps to take to set up an estate plan before it is too late.
Howard Gold lists niche and sector ETFs that have greatly outperformed the SPDR S&P 500 ETF SPY over the past decade — and with lower price volatility for some than the benchmark indexSPX.
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More about the new administration:
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Here’s the entire text of Amanda Gordon’s poem that she read during President Biden’s inauguration.
It is easy conclude that a socially conscious investor should simply avoid holding shares of any oil producer or even any company perceived to be contributing to global warming. But many ESG money managers believe advocacy may be a better approach than divestiture, as Debbie Carlson explains.
Netflix Inc. NFLX is close to hitting an important financial milestone, as Therese Poletti explains.
Courtesy Crab Orchard National Wildlife Refuge
Silvia Ascarelli helps two disabled military veterans who wish to retire in a rural area on at least 10 acres of land. They have a limited budget, but no debt. Here are three possible destinations.
Try the MarketWatch “where should I retire” tool for your own customized search.
Google holding company Alphabet Inc. GOOGLGOOG may be headed for a regulatory battle, as the Justice Department never signed off on its acquisition of Fitbit, which both companies announced had been completed on Jan. 14.
Walt Disney Co. DIS has temporarily closed the Hall of Presidents at Disney World in Orlando, Fla, to add President Biden to the attraction. But some people believe the attraction should be closed permanently because of the misbehavior of some visitors.
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Brett Arends explains why anyone who has been displaced from their job should be able to identify with Tom Brady as he leads the Tampa Bay Buccaneers in Saturday’s NFC Championship Game against the Green Bay Packers on Jan. 24.
Two more reasons to be a MarketWatch subscriber: Here’s a better way to identify value stocks than traditional price-to-earnings or price-to-book ratios, plus Mark Hulbert explains the consequences of high current stock valuations.
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