Wall Street Left This Company for Dead. Then It Became the Trade of the Decade.

Don’t repeat the same mistake with these five companies

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In the summer of 2019, when rows of unsold Model S and Model X sedans baked in the California sun, Wall Street thought Tesla (TSLA) was cooked.

The company was running out of road and Tesla’s bears knew it. Margins were shrinking, as was its cash flow, so more and more people lined up to short TSLA stock.

But what they could not see was the assembly line inside the building, where Tesla would produce a mass-market sedan called the Model 3. That model would eventually send Tesla stock up 10-fold, then 20-fold, then 30-fold, from where it traded that summer.