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March 31, 2011  Thu 7:42 AM CT

TSLA: SEE CHART GET CHAIN FIND STRATEGIES

Morgan Stanley Makes Bold Call

TSLATesla Motors was upgraded to "overweight" by Morgan Stanley, with a $70 price target. That's more than triple its $23.71 close yesterday. The analyst based his call on a belief that the electric-car maker will become the country's fourth-biggest automaker. TSLA leaps 13 percent before the bell.


CarMax Falls Despite Strong Results

The used-car retailer reported fiscal fourth-quarter earnings of $0.39, beating the $0.38 estimate. Revenue was $2.25 billion, ahead of the $2.18 estimate. KMX is down slightly before the bell after rising 1.89 percent to $34.59 yesterday.


Berkshire Down on Sokol Departure

David Sokol, who had been expected to succeed Warren Buffett at the helm of Berkshire Hathaway, has resigned after it became known he owned shares in Lubrizol before recommending that his company acquire it. BRK.A is down 3 percent in the pre. Sokol says he did nothing wrong.

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Market Level Making You Nervous, Huh? Part 3

In last week's article, we discussed how important the extra cash you save by using the Stock Replacement Strategy over buying the actual stock is! That extra cash in our account instead of being unnecessarily tied up in a stock position allows us to buy the puts we would need to protect our downside in the case of a major sell-off.

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