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3 Stocks to Watch on Monday: BlackRock, Inc. (BLK), Microsoft Corporation (MSFT) and Tesla Inc (TSLA)

BLK throws out a disappointing Q2 report, MSFT could be leaving more PCs behind and TSLA is building another large-format Supercharger station

Microsoft (MSFT)

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Projecting out, ZDNet’s report says that “If Microsoft sticks to its announced support deadlines, any device running Windows 10 version 1607 will stop receiving updates in early 2018. In some cases, this cutoff date will be only three years after those devices were placed in service.”

Microsoft reports earnings Thursday after the bell. MSFT stock is up 12% year-to-date.

Tesla Inc (TSLA)

Tesla announced that it is launching another of its new large-format Supercharger stations, this time between Los Angeles and Las Vegas.

TSLA is building a new 40-stall Supercharger station in Baker, California, to help alleviate overcrowding at the company’s smaller stalls along the route, including an 18-stall station in Barstow. Electrek reports that these stations “are often completely occupied, especially during holidays when lines of several Tesla vehicles can often form at the location.”

The permit application shows that this station will certainly have the vehicle capacity of the newer Supercharger locations that feature a lounge and solar canopies, though the application only indicates that the Baker location will have solar canopies.

Tesla’s Supercharger network now spans 6,000 stalls across 900 locations, and should reach 10,000 installed stalls by year’s end.

The electric car maker also indicated over the weekend that it probably won’t offer solar panels on Model 3 vehicles as an option; an idea it previously suggested.

CEO Elon Musk had said that the concept would consist of a “deployable solar shield like a retractable hard top.” However, creating a vehicle with solar panels that generates enough power is not a very feasible idea as of yet.

TSLA stock is up 53% so far in 2017.

As of this writing, Karl Utermohlen did not hold a position in any of the aforementioned securities.


Article printed from InvestorPlace Media, http://investorplace.com/2017/07/3-stocks-to-watch-on-monday-blackrock-inc-blk-microsoft-corporation-msft-and-tesla-inc-tsla/.

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