3 Cheap EV Stocks to Buy Now – 8/18

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.

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