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But related companies stocks could benefit from developments in his ventures.
So what stocks should you consider right now tocapitalize on Musks ventures, according to experts?
Tesla
Buying Tesla stock seems like an obvious choice.
AnInvestors Business Dailyanalysis gives the stock a 92 out of 99 composite rating and a 97 relative strength rating.
Morgan Stanley called the stock a top pick, according to Investors Business Daily.
According to Deveran, theres a lot to like about this company right now.
Rivian still trades near its net asset value, offering an appealing mix of intrinsic value and growth potential.
Rocket Lab
You cant invest directly in Musks SpaceX since its not publicly traded.
The Enovix stock is already trending upwards, the Cyndx representative said after the battery purchase.
It also has a Buy rating fromWall Street Zen.
American Superconductor … could be an acquisition target for Tesla given the founders need for reliable sources of electricity.
In closing, Deveran recommended a disciplined, data-driven approach.
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