These 2 Stocks Are Undervalued

• Report this Comment On January 24, 2012, at 2:40 AM, john1wither wrote:

  I have to respectfully disagree. If Apple had approached you when they were making the Apple 1 or even the Apple 2, would you have invested in them? Most would say no because there was no such thing as a PC.

  There is no precedence in making awesome EV cars. Tesla is doing just that. To use the $30,000 car as the main metric of whether a car company IS successful is short sighted. They're going after rich people not the bottom, ...YET.

  To say that Apple wasn't at where it is today 30 years ago is crazy. New technology like Tesla's needs to mature and it is by making the battery, 1/2 of what it cost to make for the Roadster.

  Just like cell phones and a/c, it'll take a few years but it doesn't mean the rich can't afford it and won't buy it.

  I just don't understand how if you had innovation in your mind, how you could go wrong with Tesla since it is a textbook case of new technology emerging only that it is much more capital intensive than a computer company.

  If they succeed with the S, which of all evidences so far shows that they will meet it, it'll be too late to invest. You miss out if you wait until the stock goes up. It's their first mass product. And to dock Tesla just because they're not profitable doesn't mean that their isn't value.

  If you look at the product of luxury cars, Tesla's is superior, cooler, and cheaper to maintain. No one of all the meda outlets and internet news have I ever seen someone mention how much it costs to maintain a BMW 500 or 700 series.

  Like Mr. Buffett says, sometimes the numbers just aren't right. (Like when he invested in GEICO at the brink of when that business was going down).

  Looking at the business there is no direct competition to their product, Model S, in the current marekt. It's superior, cool but comes with a premium. It sounds more like Apple and BMW.

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