Best Buy Co Inc vs Direxion Daily TSLA Bull 2X Shares — how do they compare? Best Buy Co Inc trades at $83.5 (market cap $17.37B), while Direxion Daily TSLA Bull 2X Shares trades at $8.39. The key difference: Best Buy Co Inc pays a 4.66% dividend while Direxion Daily TSLA Bull 2X Shares pays none, and Best Buy Co Inc is trading nearer its 52-week high, Direxion Daily TSLA Bull 2X Shares nearer its low. Which is the better fit depends on your goals.
| BBY | TSLL | |
|---|---|---|
Market Cap | $17.37B | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $90.17 | $23.03 |
52-Week Low | $55.52 | $6.74 |
Enterprise Value | $19.75B | — |
Dividend Yield | 4.66% | — |
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
TSLL, the Direxion Daily TSLA Bull 2X Shares ETF, trades at $8.11, up 5.6% today. Technical indicators show a mixed picture with a bullish overall signal but bearish moving averages. The ETF, which aims to deliver twice Tesla's daily returns, lacks fundamental metrics as it is a leveraged product. Recent news highlights its volatility and investor focus on Tesla's performance.
The outlook for TSLL is tied to Tesla's stock volatility, offering amplified gains but significant risks. Key opportunities include potential upside from Tesla's growth, while risks involve high volatility and decay from daily rebalancing. Investors should be cautious due to the leveraged structure.
Trailing returns across standard periods
Latest headlines on both assets
With $51.8 billion in fiscal 2022 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., with roughly 10.6% share of the aggregate market and north of 40% share of offline sales, per our calculations, CTA industry, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.
Read more on BBY →TSLL provides 200% of the daily performance of Tesla, Inc. (TSLA). It uses swaps and financial derivatives to achieve its 2x leverage, making it a high-volatility tool for tactical trading rather than long-term investment due to daily resets.
Read more on TSLL →