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3 Cheap EV Stocks to Buy Now

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Sun, Aug 18, 2024 01:03 PM

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The demand for EV charging stations is in overdrive  here.  Prefer to view this content on our w

The demand for EV charging stations is in overdrive [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, With electric vehicle sales accelerating, the demand for EV charging stations is in overdrive, creating substantial opportunities for EV charging stocks. --------------------------------------------------------------- Company: EVgo (SYM: EVGO) Over the last few weeks, the stock rallied from about $2 to a high of $4.25. All thanks to a Benchmark upgrade, the potential for interest rate cuts, and strong earnings. In fact, in its most recent quarter, the company just posted an earnings per share loss of 10 cents, which still beat by two cents. Revenue of $66.6 million, up nearly 32% beat by $7.24 million. Even better, it expects to be EBITDA breakeven by 2025 and believes it can achieve substantial EBITDA growth for years to come. --------------------------------------------------------------- Manward Press [4,735% Revenue Surge: The Linchpin of Nvidia's AI Dominance?]( [ai chip](As Nvidia's new Blackwell chip sparks an AI revolution, one company is poised to skyrocket. This unsung hero's revenue could soar up to 4,735% in the next 12 months as tech titans line up to secure their groundbreaking technology. Early investors could see life-changing gains as this story unfolds. [Don't miss your chance to ride the AI mega-trend.]( --------------------------------------------------------------- However, it’s not just EVGO that’s got us excited. There’s also: Company: Beam Global (SYM: BEEM) Look at Beam Global (SYM: BEEM), for example. The company just announced record second quarter new orders of $10.6 million, which is 128% year-over-year growth. Plus, it’s still expanding in Europe with its recently shipped EV ARC systems in Cyprus for the UK Ministry of Defense. Plus, earnings came out ok. While revenue of $14.6 million, up 12.1% year over year, missed by $4.71 million, its EPS loss of 21 cents did beat by four cents. BEEM is also debt-free with about $5 million of cash on hand at the end of March. --------------------------------------------------------------- Paradigm Press [This Play on Elon Musk’s Next IPO Could be Bigger than Nvidia]( In the last five years, Nvidia is up by more than 3,200%... Which is absolutely insane. If you missed out on the AI boom… And the massive gains from stocks like Nvidia… Elon Musk is now giving you a second chance. [Click here now and I’ll show you how you could profit BEFORE it goes public.]( --------------------------------------------------------------- Company: Blink Charging (SYM: BLNK) Blink Charging (SYM: BLNK) weakness is also worth buying into. In its most recent quarter, the company posted an EPS loss of 18 cents, which missed by five cents. Also, revenue of $33.26 million, while up 1.4% year over year missed by $5.71 million. Guidance wasn’t so hot either with BLNK now targeting revenues of $145 million to $155 million, as compared to estimates of $168.85 million. However, according to the company, “we significantly reduced our operating expenses by 41% compared to the second quarter of 2023 as we continue to drive efficiencies, scale our business, and focus on reaching sustained positive adjusted EBITDA profitability.” Again, use the recent BLNK weakness as a buying opportunity. --------------------------------------------------------------- InvestorPlace [Wall St. Legend: Millions of Americans About to Fall Out of the 1%]( [down market arrows](Wall Street insider reveals the financial tidal wave about to knock millions of Americans out of the One Percent. Predicts it will be far worse for everyone else. Warns EVERYONE to seek higher ground now! [Click here to see the full video.]( --------------------------------------------------------------- [Join Daily Guru Trades!]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades Today.]( Do you currently own shares of Electric Vehicle or EV-charging stocks? Do you have your eye on any other under-the-radar EV stocks 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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