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Tesla Crushes Another Important Index

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investingchannel.com

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TheJuice@news.investingchannel.com

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Wed, Jun 28, 2023 06:31 PM

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Elon Musk?s company not only tops Trackstar, it takes the top four spots in an area important to s

Elon Musk’s company not only tops Trackstar, it takes the top four spots in an area important to some investors [View in browser]( [The Juice Logo] BROUGHT TO YOU BY: [Logo]( Proprietary Data Insights Top Stock Searches This Month Rank Name Searches #1 Tesla 518,203 #2 Nvidia 451,167 #3 Apple 374,789 #4 Amazon.com 261,259 #5 Microsoft 192,483 #ad [It's time you learn about Alternative Investments!]( Brought to you by [Wall Street Rebel]( [Free Expert Stock Pick Report]( [ Wall Street Rebel - Free Expert Stock Pick Report]( Rapidly Innovating Industry Finds Solution to Bottleneck. Learn More in Our Free Report. [Read More]( Tesla Crushes Another Important Index Tesla (TSLA) must look at Nvidia (NVDA) biting at its ankles in [Trackstar](, our proprietary sentiment indicator, and think how cute to be the number two most searched stock among retail investors. Tesla remains, easily, the most popular stock in our database spanning our 100-plus financial media partners. In an almost as important index, Tesla makes an equally as impressive showing. This matters to some investors. And might matter to you as an investor. The 2023 Cars.com American-Made Index Cars.com uses five criteria - assembly location, engine origin, transmission origin, parts content and U.S. manufacturing workforce - to come up with a list of the 100 most American-made vehicles. Tesla tends to lead this list: - For three straight years, a Tesla vehicle has been in the #1 spot. - For two consecutive years, Tesla’s Model Y SUV has been #1. However, this year, Tesla did something even more impressive: - It took the top four spots of the American-Made Index, meaning Tesla’s entire lineup - Model Y, Model 3, Model X, Model S (in that order) - comes in ahead of all other automakers. Tesla owns this list, in part, because it increased its Austin, Texas workforce. Interestingly, foreign automakers, specifically Honda (HNDAF), Volkswagen (VWAGY), Acura (a division of Honda) and Toyota (TM) occupy positions #5 to #15. It’s not until #16 when the Lincoln Corsair - produced by Ford (F) - shows up that an American company other than Tesla makes the list. The only other American company in the top 20 is General Motors (GM) at #19 with the Chevy Corvette. If you’re a patriot, [this]( explanation of the American-made landscape from Cars.com might disappoint you: The appearance of multiple Hondas won’t come as a surprise to followers of the index. The automaker continues to feature prominently thanks to the Odyssey, Passport, Pilot and Ridgeline — all of which are built in Alabama. Its Ohio plants are well represented in the top 15 by the Acura MDX, RDX and TLX, as well as by the Honda Accord. It’s also worth once again noting the Passport’s overall U.S. and Canadian parts content of 75% — a requirement of the original AMI and a bar many models once met. It’s a struggle for most vehicles in 2023 to hit even 60%. We added the bold emphasis there at the end because, seriously dude! If this sort of thing pisses you off, hug your TSLA shares extra tight tonight. And, if you’d like to take your love for your country a step further, consider the God Bless America ETF (YALL). Totally serious on this one. YALL is [an actively-managed ETF]( that does not invest in companies that sit left on the political spectrum and participate in liberal activism. So, it’s safe to say, YALL doesn’t own Anheuser-Busch InBev (BUD). Beyond the obvious, we’re not quite share how YALL draws its sociopolitical line in the sand. You guessed it. YALL’s top holding, making up 9.81% of its portfolio, is TSLA, followed by: - NVIDIA (NVDA) 8.08% - Charles Schwab (SCHW) 4.67% - HCA Healthcare (HCA) 4.63% - Danaher Corporation (DHR) 4.43% - Boeing Company (BA) 4.40% - Costco (COST) 4.32% - MicroStrategy (MSTR) 4.09% - Amgen (AMGN) 3.84% - Charter Communications (CHTR) 3.72% - Waste Management (WM) 3.61% - First American Funds Inc X Government Obligations Fund (FGXXX) 3.37% - Allstate Corporation (ALL) 3.24% - Schlumberger (SLB) 3.07% - Electronic Arts (EA) 2.83% Don’t scoff at YALL. It’s up about 22% YTD, compared to a roughly 14% gain in the S&P 500 and 37% return from the Nasdaq-100. Over the last year, YALL is up approximately 31%, easily beating the 11% and 23% increases, respectively, in the S&P 500 and Nasdaq 100. [Q1’s Trending Stock Report, Predict The Market]( Once every quarter, we compile millions of Financial Professional and Retail Investor's stock searches across our 100+ financial sites. We reserve this exclusive report for our newsletter subscribers so you can learn about the stocks and industries that you should keep an eye on. This info can help you decide what to do in your portfolio – so you can protect the money you have and generate bigger gains. [Click here now to download the FREE Trackstar Q1 2023 Report.]( The Bottom Line: There’s lots to like about Tesla, even if Elon Musk rides the fence between love and hate. For some investors, the fact that Tesla not only tops, but dominates an American-made index turns like into love. Continuing with the theme that there’s an ETF for everything, YALL gives investors with certain political leanings - or just the desire for American companies generating solid returns - an option that most other funds don’t, especially broad market trackers. [-facebook-share]( [-twitter-share]( [-linkedin-share]( [-email-share](mailto:?body= https%3A%2F%2Finvestingchannel.com%2F%3Fp%3D584576?utm_medium=ic-nl&utm_source=110144 ) News & Insights Freshly Squeezed - From The Spill: [Which Sector ETF Did Financial Pros Pick?]( - [A Stock Pick Away From Massive Profits]( - [10 Companies Likely to be Dividend Aristocrats in the Future]( - [Jaden Smith On The Power Of Psychedelics: 'Nature Has So Many Of The Keys And Secrets We're Looking For']( [News & Insights-facebook-share]( [News & Insights-twitter-share]( [News & Insights-linkedin-share]( [News & Insights-email-share](mailto:?body= https%3A%2F%2Finvestingchannel.com%2F%3Fp%3D584576?utm_medium=ic-nl&utm_source=110144 ) [We want to hear from you. Let us know your thoughts by clicking here]( [Pixel][Link]( [InvestingChannel Logo](#) Follow us on: [Facebook Logo]( [LinkedIn Logo]( [Twitter Logo]( [Instagram Logo]( To ensure delivery of all emails, [allow us on your list]( Juice&email=TheJuice@news.investingchannel.com). Manage your subscriptions with our [preference center](. [Unsubscribe here.]( View our privacy policy [here](. Copyright ©2023 InvestingChannel. All rights reserved. 1325 Avenue of the Americas, Floor 27 & 28 New York, New York 10019 Disclaimer: This is not investment advice. This InvestingChannel, Inc., newsletter is for information purposes only and is based on opinion. Futures, forex, stock, and options trading are not appropriate for all investors. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can ensure returns or eliminate losses. 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