Baird Analyst Ben Kallo Scores Big On Tesla Motors Inc, SolarCity Corp

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He might have just started making recommendations, but take a look at that starting record! Robert W. Baird analyst Ben Kallo is already ranked 61 out of 2381 analysts and has +22.3% average return over S&P-500 with a 100% success rate of recommended stocks!

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Ben Kallo Profile

Ben’s focus on energy technology and resource management has already led him to recommend Tesla Motors Inc (NASDAQ:TSLA) and SolarCity Corp (NASDAQ:SCTY).

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Ben kallo performance

In fact, Ben’s first recommendation to BUY Tesla Motors Inc (NASDAQ:TSLA) earned him his highest return. Ben was “confident that the company [would] achieve its production estimates for the Gen III model given its strong cash position, and the success of its Model S vehicle.” Ben added that “Tesla has a leading position within the industry in terms of battery costs,” which led Ben to believe “the price [will] reduce further as innovations in lithium-ion technology become widespread.” Ben earned +40.0% over S&P-500!

Following this successful recommendation, Ben maintained his BUY TSLA recommendation, expecting strong production and deliveries from the company’s second quarter earnings of 2013. Ben expected Tesla Motors Inc (NASDAQ:TSLA) “to surpass its Model S deliveries target of 21k vehicles for 2013,” and he expected “improvement in the gross margins,” due to “the price increase of the Model S along with other factors including production efficiencies, and breakpoints from suppliers.” Ben walked away from this recommendation with a +27.5% measured performance over S&P-500.

After SolarCity Corp (NASDAQ:SCTY) sold their first bonds backed by revenue from rooftop solar projects, Ben recommended BUY SCTY. He argued “we expect additional securitizations to occur as SolarCity Corp (NASDAQ:SCTY) continues to install PV systems” and that securities backed by revenue from solar panels, “could merit a lower cost of capital as investors become increasingly comfortable with financing the project.” This recommendation earned him +17.6% over S&P-500, shortly followed by another successful BUY SolarCity Corp (NASDAQ:SCTY) recommendation, earning him another +11.3%.

Most recently, Ben recommended BUY Tesla Motors Inc (NASDAQ:TSLA) following its fourth quarter results, which reported the delivery of 6,900 Model S sedans. More than 25,000 Model S cars are now on the road, and the company successfully achieved the target of delivering 25,000 vehicles in 2012 and 2013. Ben’s recommendation has earned him +15.3% over S&P-500.

This is just the beginning for Ben, but he is off to a great start. To continue following Ben’s recommendations, as well as other analyst recommendations, download TipRanks, and start making financial decisions with advice you can trust.

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2 COMMENTS

  1. Isnt this the same analyst who said just about a month back on tv that tesla will go to 100 before it goes to 200 while still having a dubious buy recommendation on the stock when the stock was hovering between 135 and 150 range.

  2. thats nice..told everyone i knew for the last 10 years to get ready for tesla…nothing.
    I’m now too rich to talk to them. and they are all resentful.

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