5 Stocks to Watch Like $PLUG
We’re off to a hot start so far in 2021 as EV and renewable energy stocks continue to sear.
Here are the stocks I’m watching today:
Plug Power (PLUG) - This hydrogen-fuel cell stock continues to skyrocket. It’s already up big this week and there are no signs of slowing down. It looks like a nice call options play to profit from the momentum.
Chargepoint (SBE) - SBE stock broke through the $45 market and it looks like we are heading to $50. This is my favorite EV charging station stock so far.
Electrameccacina (SOLO) - SOLO is having a hot start to the week and I’m looking for $10 by Friday. SOLO is currently looking for the best location for its factory and the 3 wheeled vehicle could be a major disruptor in the EV space.
Canoo (GOEV) - I mentioned how Canoo could be a game changer because Canoo builds vehicles for the self-driving movement. As more millenials live inside their cars to save money, I think you’ll see an explosion of people living in their Canoos in the next few years. It’s one of my favorite undercover EV plays.
Proterra (ACTC) - Proterra is like the “Tesla of commercial vehicles” and they agreed to merger via a SPAC yesterday. Proterra generates over $190 million in revenue annually and could revolutionize the commercial transit bus industry. (watch video)
That’s it for today. Follow me on Twitter to get more real time updates from me throughout the day.
I’ll be available in our private discord chat if you have any questions to ask me.
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