From P1 listener Jim Woods, Editor-at-Large, The Wealth Shield:
This is the time of year when I look back at the best stocks of 2013 to see what moved the needle, and why they did so well. By far, the best stock of 2013 that I followed was Tesla Motors (TSLA).
As of this writing, Tesla stock is up about 335% year to date — a move that is the envy of not only other car companies, but also of other tech stocks … or just about any stock in any sector.
As I wrote last month, you know a company is doing something special when a national broadcast celebrity decides to auction off a three-hour ride with him in his Tesla Model S. The final winning bid on the ride was an incredible $7,800 — a testament to both the allure of the Tesla Model S and the appeal of provocative talk show host and Internet broadcast entrepreneur Tom Leykis.