Liking Tesla Isn't Necessarily a Good Reason to Invest
Tesla undoubtedly holds a great deal of appeal for younger investors especially, but that doesn't mean it's an attractive investment.
HOLD Tesla Inc. (TSLA) - Get Report has hot cars, but that doesn't necessarily mean it is a stock you want to own, TD Ameritrade chief market strategist JJ Kinahan says.
Kinahan joined Jim Cramer at TheStreet's recent Financial Success Strategies this past weekend, and during a fireside chat, the two offered insight into Elon Musk's electric-car baby.
"Our clients tend to really like Tesla. It's served them well over the last year, but I draw some parallels on a few things," Kinahan said, offering comparison between Tesla and other investments that have exciting products but unreliable stocks.
Click here for more from TheStreet's Financial Success Strategies symposium.
