Momentum Alert: META and TSLA Shares About to Surge?
ZACKS·2025-08-11 18:06

Core Insights - Meta Platforms and Tesla are identified as standout investment opportunities for the upcoming week, both showing signs of potential technical breakouts [1][2] Tesla - Tesla has experienced a year of volatile price action, influenced by mixed investor sentiment regarding its core EV business and Elon Musk's public persona [5] - The stock has recently broken above a three-month consolidation range, indicating a potential start of a significant bull run if this movement is sustained [6] - Upcoming catalysts include the rollout of Tesla's Optimus humanoid robot and the self-driving taxi business, which could create new revenue streams and boost investor enthusiasm [7] - Despite a Zacks Rank 4 (Sell) rating, technical indicators suggest a shift in market sentiment, with a breakout level around $338 serving as a critical point for momentum traders [8] Meta Platforms - Meta has shown consistent growth in sales and profits, driven by its aggressive integration of artificial intelligence across its advertising platform [9] - The stock has surged over 700% since the lows of 2022, yet it trades at a reasonable 27x forward earnings, reflecting strong operational execution [10] - Future growth catalysts include advancements in AI, effective monetization of its large language model platform, and continued strength in its advertising business [11] - The stock is currently consolidating with a resistance level at $774; a decisive close above this level could signal further upward movement [11][12] Investment Considerations - Both Meta and Tesla are at critical technical inflection points, with Tesla's potential breakout above $338 and Meta's resistance at $774 being key levels to watch [12][15] - The broader market sentiment remains supportive, suggesting that both stocks should be monitored closely for potential trading opportunities [16]