Equities opened nicely higher this morning, softened a bit around noon, but managed to press ahead nicely in the late afternoon. At the end of the session, the Dow Jones Industrial Average was ahead 45 points; the broader S&P 500 Index was higher by nine points; and the NASDAQ was up 32 points. In general, stocks made progress today, even as traders prepared for the extended holiday weekend.
Though a company like Microsoft Corp. (MSFT) should have no need for introduction at this stage in its lifespan, arguably one of the most pivotal and revolutionary technology companies in contemporary history, the world’s largest independent software maker does not appear to get the critical acclaim and the headlines that it did say 15 years ago. However, the recent stock price performance has not been particularly newsworthy over the past several quarters. Many investors may wonder what has been holding MSFT shares back.
The business outlook at Tesla Motors, Inc. (TSLA) is intriguing. While the electric vehicle manufacturer has reported operating losses in every year since its IPO, the company has certainly been exciting auto enthusiasts. Much of the recent interest in the company is due to the introduction of its lower-priced Model 3. The stock price has been very volatile over the last few quarters, but will it be able to climb steadily higher, thanks to the new Model 3? Are the shares are a good long-term investment, given the fierce competition and production-related concerns? We will address these issues by performing an easy-to-follow SWOT analysis of the company, evaluating its Strengths, Weaknesses, Opportunities, and Threats.