Question

"If you are given a choice of any publicly traded company, which stock would you buy (or short sell), and why?"

Answer 1

If I would have been given a choice of any publicly company to buy or short sell, I will be short selling TESLA because this company has run up excessively ahead of its fundamentals and this company is trading at a price to earning of almost 1,000, which cannot be sustainable in a rational world but the investors are frenzy on high valuations and they are pushing up the stocks to any extreme valuations so I will be trying to take this short position and I will be trying to hold the short position for the longer period of time because I see almost 50% downside from the current levels because these valuations can never be sustainable, if the company does not back it up with higher profits and the company is not improving upon its profits as it can be seen through the sales report of vehicles, so I will be short selling Tesla.