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Top Ways to Trade Substantial Charging Demand

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Fri, May 24, 2024 01:02 PM

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Electric Vehicle sales are driving demand for these stocks here. Prefer to view this content o

Electric Vehicle sales are driving demand for these stocks [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here.  Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, Keep an eye on electric vehicle charging stocks. At the moment, electric vehicle sales are outpacing the growth of EV charging stations. In 2023, U.S. consumers bought about 1.2 million EVs, which accounted for about seven percent of total new car sales, says The Washington Post. “Between 2016 and 2023, EV registrations in the United States grew almost three times faster than the United States’ public charging infrastructure. In 2016, there were seven electric cars for each public charging point; today, there’s more than 20 electric cars per charger.” Moving forward, analysts at McKinsey say we’ll need about 28 million charge ports by 2030. --------------------------------------------------------------- With that growing demand, keep an eye on charging stocks such as: Company: EVgo (SYM: EVGO) CEO Badar Khan just bought 125,000 shares of the EV charging stock for about $251,250. Earnings are showing signs of improvement. In its first quarter, the company posted an EBITDA loss of $7.2 million on sales of $55.2 million. Analysts were looking for a loss of $13.3 million on sales of $45.2 million. It also expects to achieve breakeven adjusted EBITDA by 2025. --------------------------------------------------------------- Crypto101 [Make This Crypto Move Before It's Too Late]( Elon Musk is preparing for a potentially massive move as he’s already begun to obtain licenses to process crypto payments for his company X (formerly Twitter). Right now you have the chance to position yourself before the rest of the market takes off. And I've found a cryptocurrency that I believe could easily lead the rest in gains for 2024 and beyond. [Click here for all the details…]( --------------------------------------------------------------- Company: Blink Charging (SYM: BLNK) Blink just became one of the official EV charging providers for New York. That will allow Blink Charging to now electrify state and municipal fleets, in addition to providing electrification for employees, residents, and visitors. Earnings have been solid here, too. In its recent quarter, BLNK posted an earnings per share loss of 13 cents, which beat by seven cents. Revenue of $37.57 million, up 73.1% year over year, beat by $2.96 million. It also reiterated its target of achieving positive adjusted EBITDA by December of this year, too. --------------------------------------------------------------- MarketBeat [7 Stocks to Buy And Hold Forever]( [report]( Grab MarketBeat's list of seven stocks and why their long-term outlooks are very promising. You will also receive our free daily email newsletter with the latest buy and sell recommendations from Wall Street's top analysts. This free report is available today, Thursday, May, 23rd. This research report will NOT be free forever. Download your copy for free before we list it for sale. [SEND MY FREE REPORT]( --------------------------------------------------------------- Company: ChargePoint (SYM: CHPT) ChargePoint and Airbnb just partnered to install EV chargers at listings, and expand access to chargers across the country. “According to Airbnb data, listings that offer an EV charger are booked for more nights and generate more income on average, when compared to listings without an EV charger,” as noted in a recent press release. --------------------------------------------------------------- InvestorPlace [Forget AI THIS is Way Bigger]( [forget ai]( While the world has been obsessed with AI and ChatGPT… Jeff Bezos has quietly gone all in on a technology that's going to prove to be FAR bigger. If you've never heard of "QaaS" technology you need to. [Click here now.]( --------------------------------------------------------------- [Join Daily Guru Trades!]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades Today.]( Do you own any shares of electric vehicle stocks or EV charging stocks? Do you have your eye on any opportunities we might have missed? Hit "reply" to this email and let us know! Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2024 Behind the Markets, LLC, All rights reserved. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our [Privacy Policy]( or our [Legal Notices.]( [Behind the Markets](  [Unsubscribe]( Â

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