Hon Hai Precision Industry Co Ltd
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Based in Taiwan, Province Of China
Company profile

Hon Hai Precision Industry Co Ltd is a Taiwan-based company mainly engaged in the provision of various connectors, housings, radiators, assembled products and related products related to the information industry, communication industry, automation equipment industry, optoelectronics industry, precision machinery industry, automotive industry, and consumer electronics industry, as well as the manufacture and sale of network cable assembly and other products. The Company's products include components, modules and system assembly products in the fields of computers, modules and consumer electronics (3C) electronic products. The components include 3C connectors, wire-mounted products and other components. The modules include mechanical modules and electronic modules. The system assembly products include assembly of finished products of 3C products. The Company operates businesses in domestic and overseas markets.

Closing Price
$2.88
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
2.88
Day's Low
2.88
Volume
15,600

Weekend reads: Tesla's stock is just too expensive

12:18 pm ET January 8, 2021 (MarketWatch)
Print

By Philip van Doorn

Also, the ideal stock sector for Joe Biden's clean sweep and retirement destinations for people who love to ski

Tesla Inc. has had a remarkable run and its future looks bright. The company has gone from delivering 41,507 luxury electric vehicles in 2015 to introducing the Model 3 in 2017 and delivering nearly 500,000 EVs in 2020.

Tesla's (TSLA) stock shot up 743% in 2020 and it has gone up another 22% in the first days of 2021. The shares are worth 18 times their price at the end of 2015. So what's not to love?

Even under generous growth assumptions for Tesla, leading to 22 million Tesla vehicles produced in 2035, with annual revenue of nearly $1.2 trillion and $110 billion (or $60 a share in earnings), money manager Andrew Dickson has concluded that Tesla's stock is way too expensive right now (https://www.marketwatch.com/story/ive-pulled-out-all-the-stops-for-tesla-but-cant-find-the-upside-on-the-stock-11610117368).

Also:Tesla stock approaches $900 in its longest-ever winning streak, as another analyst leaves bear camp (https://www.marketwatch.com/story/tesla-stock-approaches-900-in-its-longest-ever-winning-streak-as-another-analyst-leaves-bear-camp-11610123997?mod=mw_quote_news)

When Joe Biden becomes the 46th U.S. President on Jan. 20, he will enjoy the advantage of having Democratic majorities in both houses of Congress. This bodes well for any number of environmental and clean-energy initiatives. Here's a list of analysts' favorite clean-energy stocks to buy now (https://www.marketwatch.com/story/here-are-analysts-10-favorite-clean-energy-stocks-to-buy-now-11609956883).

Silvia Ascarelli helps a couple who wishes to retire and live in a ski-town in Colorado. The problem is the price, so she offers several alternatives (https://www.marketwatch.com/story/i-want-to-retire-in-summit-county-colorado-but-its-outrageously-expensive-whats-a-more-affordable-ski-town-11609771402) while discussing other financial aspects of retirement decisions.

Try the MarketWatch "where should I retire" tool (https://www.marketwatch.com/graphics/best-place-to-retire/#division) for your own customized search.

Bill Bischoff expects 10 tax changes to "sail through Congress" and be signed by Joe Biden this year after he becomes president. Here's how to handle them in 2021 (https://www.marketwatch.com/story/10-biden-tax-proposals-that-will-sail-through-a-democratic-controlled-senate-and-how-to-prepare-for-them-11609958777?mod=article_inline).

Michael Brush shares three takeaways from 2020 (https://www.marketwatch.com/story/how-to-make-money-in-2021-follow-these-three-stock-market-takeaways-from-last-year-11609944607) and his biggest investing blunders last year (https://www.marketwatch.com/story/my-biggest-blunders-last-year-could-help-keep-us-from-making-the-same-mistakes-in-2021-and-beyond-11609961865) to help set up a better 2021.

Exchange-traded funds are an excellent way to play secular trends in the stock market while avoiding the added risk of holding individual stocks. Jeff Reeves highlights five high-growth themes for 2021 (https://www.marketwatch.com/story/5-high-growth-themes-and-the-stock-market-etfs-that-can-deliver-big-gains-in-2021-11609952097) while naming ETFs in each category.

Wouldn't it be wonderful to be able to price-shop for certain medical services, rather than always being surprised with extra charges and double talk? Andrew Keshner explains hospitals' new requirements for price disclosure (https://www.marketwatch.com/story/hospitals-have-to-publicly-list-the-cost-of-care-heres-what-the-numbers-do-and-dont-reveal-for-patients-shopping-around-11609813666?mod=newsviewer_click), how to find the information and where to complain if it isn't available.

Recent stimulus legislation extends the extra $300 a week in unemployment benefits for another 11 weeks. However, gig workers have new documentation requirements. Elizabeth Buchwald explains the new rules and gives advice on how to make claims (https://www.marketwatch.com/story/gig-workers-are-still-eligible-for-unemployment-benefits-under-the-new-stimulus-package-but-they-need-to-provide-proof-of-earnings-11609880965?mod=personal-finance).

The price of bitcoin in U.S. dollars soared 43% -- in 2021. Anthony Scaramucci and Brett Messing believe bitcoin has much more room to run for this fundamental reason (https://www.marketwatch.com/story/bitcoin-is-headed-for-a-supply-shortage-and-that-will-keep-pushing-up-prices-11609861504).

Here's why it has become more difficult to buy a getaway home (https://www.marketwatch.com/story/why-its-gotten-harder-to-buy-a-second-home-11610039629).

Want more from MarketWatch? Sign up for this and other newsletters (https://www.marketwatch.com/newsletters?mod=article_inline), and get the latest news, personal finance and investing advice.

-Philip van Doorn; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

January 08, 2021 12:18 ET (17:18 GMT)

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