12 Most Buzzing Stocks to Buy According to Hedge Funds

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3. Tesla, Inc. (NASDAQ:TSLA)

Volume:  97.1 Million 

Average Volume (3-Month): 90.2 Million

Number of Hedge Fund Holders: 99

Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company specializing in producing electric cars and solar-integrated renewable energy solutions. In the fourth quarter of 2024, the company produced more than 459,000 vehicles and delivered over 495,000, a record number for the company. Based on the Q4 results, the company expects Model Y to be its best-selling vehicle for the full fiscal year of 2024. In addition to that, to make its pricing model more affordable, TSLA has worked tirelessly during the year to reduce the cost of goods sold per vehicle, bringing it down to under $35,000.

On January 30, analyst firm Roth MKM, raised the price target for Tesla, Inc. (NASDAQ:TSLA) from $380 to $450, keeping a buy rating on the shares. The firm pointed out that while the company missed Q4 expectations, investors are likely to shift their expectations to unsupervised FSD coming to Austin in June this year. This coupled with the launch of CyberCab and the development of MiniCar are expected to deliver positive signals to the market.

Tesla, Inc. (NASDAQ:TSLA) expects 2025 to be monumental as it expects its autonomous driving segment to exhibit safety levels, such that exceed human levels. In addition to that, the company expects to launch FSD in China and Europe in 2025.

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