Nasdaq TSLA Tesla

Energy and technology shares powered U.S. stock indexes to their highest in more than two weeks on Monday ahead of a crucial inflation reading this week that could determine the pace of interest rate hikes by the Federal Reserve.

NEW YORK (Reuters Breakingviews) - Still-young electric-vehicle startups already have a heavy history to overcome. Trevor Milton, founder of electric-truck company Nikola, is due to stand trial https://www.wsj.com/articles/nikola-founder-faces-securities-fraud

Rivian Automotive RIVN recently announced a joint venture with Mercedes-Benz Group AG MBGAF to manufacture large commercial electric vans. The joint venture (JV) would cater to the increasing demand for cleaner and sustainable commercial vehicles.Per the memorandum of und

Investors with an interest in Automotive - Domestic stocks have likely encountered both Paccar (PCAR) and Tesla (TSLA). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.

Energy and technology shares helped drive U.S. stocks to their highest in more than two weeks on Monday ahead of a crucial inflation reading this week that could determine the pace of interest rate hikes by the Federal Reserve.

After Tesla's (NASDAQ: TSLA) recent 3-for-1 stock split, you might be wondering if now is the ideal time to buy Elon Musk's dynamic electric vehicle (EV) company.The split has not been beneficial for the stock; its price has declined nearly 10% since it took effect.

Who doesn't love a great growth stock? Consider what a $10,000 investment made in Tesla 10 years ago would be worth today: a cool $1.62 million.

Tesla (TSLA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

How many stocks should you have in your portfolio? This polarizing question always sparks debate. A simple way to add diversification is with an ETF such as the Vanguard S&P 500 ETF (NYSEMKT: VOO), but at what cost? In the video below, I discuss the best number of stocks to b

Twitter Inc said on Monday payments made to a whistleblower did not breach any terms of its $44 billion buyout by Elon Musk, after the world's richest man cited the move as another reason to scrap the deal.

For Immediate ReleaseChicago, IL – September 12, 2022 – Today, Zacks Investment Ideas feature highlights Ford Motor F, General Motors GM and Tesla TSLA.

Autonomous vehicle (AV) startups have raised tens of billions of dollars based on promises to develop truly self-driving cars, but industry executives and experts say remote human supervisors may be needed permanently to help robot drivers in trouble.

Germany's wet and windswept north has long lacked the economic appeal of the industrial south but the green transition and an energy crisis sparked by war in Ukraine is shifting the balance.

Autonomous vehicle (AV) startups have raised tens of billions of dollars based on promises to develop truly self-driving cars, but industry executives and experts say remote human supervisors may be needed permanently to help robot drivers in trouble.

It's been a historic year for Wall Street... for all the wrong reasons. We've watched the broad-based S&P 500 and growth-focused Nasdaq Composite plunge into a bear market on the heels of historically high inflation, back-to-back quarterly declines in U.S. gross domestic prod

Nio (NYSE: NIO) is a leading player in China's electric vehicle (EV) market and has sometimes been referred to as the "Chinese Tesla." The company has continued to increase vehicle deliveries and sales, but it's still operating at a loss, and its share price has taken a big hit a

With Ray Wang, Principal Analyst and the Founder of Constellation Research, upgrading FAANG to MATANA, the obvious question is which tech stocks basket is a better play? A simple price performance comparison shows that MATANA had the upper hand in one year. Further, on average, analysts see a higher upside in MATANA stocks. However, investing is not about buying fancy acronyms. According to TipRanks’ data-driven Smart Score, only Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL) in the MATANA list have a higher potential to outperform the market. 

But before we dig deeper, let’s examine why FAANG needed an upgrade.

Why the Rebranding? 

For years, FAANG stocks - Meta (previously Facebook) (NASDAQ:META), Apple, Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX), and Alphabet (earlier Google) (NASDAQ:GOOGL) (NASDAQ:GOOG) – symbolized big tech companies. 

However, Wang, in a video interview with Yahoo Finance Live, suggested dropping Meta and Netflix from the big tech list and advised adding Microsoft, Tesla (NASDAQ:TSLA), and Nvidia (NASDAQ:NVDA) to the group. Together, these stocks are now known as MATANA. 

The move follows the underperformance of FAANG stocks in 2022. Blame the base effect for the slowdown in their growth or investors losing appetite for risk amid fears of an economic slowdown, FAANG stocks have lost their sheen. 

Specifically, Meta Platforms and Netflix are struggling to stay relevant to their consumers amid their changing preferences in the post-pandemic world and heightened competition. 

FAANG or MATANA: Which Is the Better Tech Play?

Built with TipRanks’ Stock Comparison tool, here is a summary of how FAANG stocks performed in the past year and what analysts recommend. 

The graph below shows that FAANG stocks, on average, are down over 34% in the past one year. Meanwhile, analysts’ average price target reflects an upside potential of over 25% in one year. 

The Stock Comparison tool shows that a portfolio of MATANA stocks have performed better than FAANG stocks in the past one year. For context, MATANA stocks, on average, are down about 2.2% during the comparable period, significantly outperforming FAANG stocks. 

Further, analysts’ average price target shows an upside of over 28% in the next 12 months.

Bottom Line

MATANA is slightly more diversified than FAANG. However, this shouldn’t matter much as the broader industry classification is the same, with these stocks being prone to similar risks.  

Furthermore, the above graph shows that only Microsoft and Apple stock sport an Outperform Smart Score on TipRanks in the MATANA list. Meanwhile, hedge funds are also bullish on only these two stocks. 

All in all, investors should focus on diversifying their portfolio with Top Smart Score Stocks across multiple sectors to lower risk and maximize gains. 

Read full Disclosure 

When it comes to electric vehicles (EVs), Tesla (NASDAQ: TSLA) is the big kahuna, selling the majority of EVs in the United States. But it's by no means on its own. A lot of other carmakers are getting in on the action.

Cathie Wood is the head of Ark Investment Management, a firm known for making big, long-term bets on some of the most innovative technology companies. It runs eight exchange-traded funds (ETFs) focused on different areas of the tech sector from robotics to space exploration, and

A stock split in and of itself isn't a reason to buy or sell a stock. These maneuvers don't necessarily boost a company's valuation right away, either. Still, they do tend to draw attention from investors. That's because they lower the individual share prices of stocks that have