Recall Tesla had previously wanted to meet that weekly target by the end of 2017, but stumbled on early production bottlenecks with the Model 3's battery module assembly. On another great day for the overall market, Tesla and Signet Jewelers both popped. 75 cigarettes is the equivalent of 3.75 packs, and that would cost about $15 if you assume that each pack costs $4, which, in today's market, is actually a very good price as most packs are going for over $4. Helped, in part, by a surge in the broader market, these boutiques s skyrocketed. Cyclical stocks such as banks tend to beat the broader market during recoveries from recessions, he added. These three stocks are this week’s Long Ideas. With just four trading days left in the year, the Nasdaq is on pace to be the clear winner, currently up more than 42%. The Dow and SP 500 are up 5.8% and 14.6%, respectively.

The SP 500 jumped 9.4% and the Dow Jones Industrial Average shot up 11.4%. These market gains follow a brutal sell-off resulting from the coronavirus pandemic. Indeed, SP Global Market Intelligence shows the company's EPS rising as high as $3.59 by 2024, but Goldman thinks the company could do even better. Instead, the SP has rebounded by about 40% since March, despite the US being by far the nation worst impacted by the COVID-19 pandemic. Sure, Zoom has been posting breakneck growth through the pandemic - Revenues were up over 4x year-over-year over the most recent quarter - but it’s not clear that Zoom will be able to sustain its pace. The huge spate of layoffs and furloughed workers may have shocked Main Street but Wall Street quickly saw the upside; the pandemic would allow corporations to permanently trim costs, especially in sectors already undergoing huge upheavals, like retail and aviation.