According to JPMorgan (NYSE: JPM)…
There’s two auto stocks that could rise +70% in 2023.
Let’s discuss them in this email – as well as how you could make 1,766% with Tesla’s new Master Plan, no matter what happens to Tesla stock next year.
2022 was a bloodbath for investors…
But 2023 is bringing new profit opportunities worth looking into.
And according to JPMorgan analysts Ryan Brinkman…
Two of them are automotive-industry stocks that could hand you a +70% gain in 12 months.
The first one is Kar Auction Services (NYSE: KAR)…
A leader in the world’s second-hand car auction market who has not only been able to survive these treacherous market waters…
But that is likely to stand tall going forward.
Here’s what Brinkman said:
“KAR has a strong position in this market: it is the second-largest provider of whole car auction services. The resulting limited competition and high barriers to entry result in strong pricing and margins and strong free cash flow given low working capital requirements. We expect solid profit growth over the next several years, driven by cyclical recovery in currently depressed commercial consignor volumes and the firm’s push into the digital Dealer-to-Dealer space along with expected continued cost containment and exploration of numerous adjacencies, including retail reconditioning.”
His price target suggests the stock could rise +70% in the next 12 months.
And he’s not the only one who has this bullish view.
FOUR Wall Street pros give it a STRONG BUY rating – with an average price that matched Brinkman’s.
Nothing to sneeze at…
But peanuts compared to the 1,766% you could make with Tesla’s new Master Plan, no matter what happens to Tesla stock in 2023.
But before sharing the details about this little-known opportunity…
Here’s the second auto stock that is getting Brinkman’s love: Camping World Holdings (NYSE: CWH).
This is an Illinois-based company that specializes in selling recreational vehicles, recreational vehicle parts, and recreational vehicle service.
They also sell supplies for camping.
Why does the JPMorgan analyst see it rise +70% in 12 months?
In his own words:
“Camping World’s much greater scale provides it with numerous benefits relative to its smaller competitors, including (1) gross margin-enhancing volume discounts; (2) more favorable terms with financiers; (3) the ability to offer consumers a wider assortment by tapping into the inventory available across its greater number of stores; and (4) an informational advantage in terms of consumer demand and pricing in the marketplace. The combination of the fragmented nature of the market and the significant benefits provided by scale in our view provides ample opportunity to create value by further consolidating the industry, and Camping World has historically been highly acquisitive.”
But out of all the auto stocks…
In my view, NONE of them offer you the MASSIVE profit opportunity that Elon Musk’s new Master Plan for Tesla gives you.
Here’s why.
Elon Musk has been planning to be the leader in the EV revolution for years in advance.
In fact, he first started by releasing his Master Plan 1 on August 2, 2006…
Where published a blog post titled “The Secret Tesla Motors Master Plan (just between you and me)” – with its core principle being laid out in four steps:
- Build a sports car
- Use that money to build an affordable car
- Use that money to build an even more affordable car
- While doing the above, also provide zero emission electric power generation options
Needless to say…
He managed to do it all with Roadster, Model S and then the Model 3.
Moreover, just $2,500 invested when Master Plan 1 was released would’ve multiplied to a whopping $602,941.
Then he released the “Tesla Master Plan Part 2,” which aimed at:
- Creating stunning solar roofs with seamlessly integrated battery shortage
- Expanding the electric vehicle product line to address all major segments
- Developing a self-driving capability that is 10X safer than manual via massive fleet learning, and…
- Enabling your car to make money for you when you aren’t using it
He also mentioned “a new kind of pickup”…
Which ended up being the Cybertruck.
Just $2,500 invested when Master Plan 2 was released would be worth $46,650.
And now he’s on the brink of releasing Master Plan 3.0.
As always, the investors who act BEFORE the world catches on will probably benefit the most.
But as opposed to Master Plan 1 & 2 where the profit play was to invest in Tesla stock and that’s it…
This time, there’s a small group of undiscovered stocks that are giving investors the chance to see 1,766%+ gains, or possibly even more.
How do I know?
Because since Musk announced in March that he was working on Master Plan 3.0…
I’ve spent months going through EVERYTHING he has said.
I’m talking about his Twitter conversations, his battery-day presentations, memos from Tesla’s all-staff meetings, conference-call transcripts… you name it.