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IFB247: IFB247: Analyzing Apple & Tesla Through Back to the Basics
The Investing for Beginners Podcast - Your Path to Financial Freedom
How to Analyze Apple and Tesla Stocks
When you own a piece of Tesla shares or Apple's shares, you own part of that business. As companies get more profitable, their stock prices go up over the long term. If you bought Apple or Tesla 10 years ago, we're recording this in October, but let's say you bought them in December of 2012,. Apple would be an eight bagger, which means it grew eight times. Your $1000 would be $8000. For Tesla, they went from negative 74 cents a share to $4 and nine cents per share. So in that same time period, if you have $10,000, you have a million dollars, hundred baggers, wonderful.
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