Every few days, I read or hear the news that strongly indicates that the U.S. is not going to undergo a recession in 2023. One of the most recent, startling headlines in this category came from Goldman Sachs, which predicted that even the eurozone would not suffer a recession this year. If the eurozone, which has…
Tag: NASDAQ:EVGO
7 Short-Squeeze Stocks for Contrarians to Consider
While it’s always risky to go against the masses, certain short-squeeze stocks for contrarians to consider may perform surprisingly well. Invariably, even the collective sometimes gets things wrong. Certainly, if everyone bets on the same horse, the subsequent individual reward (if any) would be significantly limited. And that’s part of the reason why going against…
7 Growth Stocks That Are Actually Attractive Right Now
With macroeconomic trends becoming much more favorable and many growth stocks trading at depressed levels, there are several reasons to believe that growth stocks will soon rally. As a result, longer-term investors should look for growth stocks to buy at this point. Among the favorable macro trends are China’s reopening, impending U.S. government stimulus in…
EVgo Stock Is Vastly Undervalued Given Its Partnerships
EVgo’s (NASDAQ:EVGO) high leverage to America’s electric-vehicle revolution and the relatively low valuation of EVGO stock make the shares very appealing at this point. Source: Sundry Photography / Shutterstock.com EVgo owns thousands of EV chargers in the U.S. As of March, EVgo reported that it had owned the largest U.S. Public DC Fast charging Network including…
EVGO Stock: Why Is EV Charging Company EVgo Powering Up Today?
EVgo (NASDAQ:EVGO) stock is charging higher on Tuesday after the company announced a deal with ride-sharing service Uber (NYSE:UBER). Source: Shutterstock Uber drivers looking to recharge their vehicles between trips are already able to access EVgo’s public fast chargers. However, a new agreement allows them to net better prices thanks to discounts in the new…
EVGO Stock: 10 Things to Know About EVgo Following Infrastructure Bill Wins
EVgo (NASDAQ:EVGO) stock is on the move today on news of President Joe Biden’s new infrastructure bill passing. Source: Sundry Photography / Shutterstock.com The House of Representatives passed the $1.2 trillion bill and now it just needs President Biden’s signature to become law. With that comes extra funds to accelerate the U.S.’s adoption of electric…
EV Stocks: What’s Going On With ARVL, FCEL, EVGO, GOEV, CHPT and FSR Today?
Investors considering electric vehicle (EV) stocks right now appear to have the green light from the market. Among bullish investor interest in this sector, shares of Arrival (NASDAQ:ARVL), FuelCell (NASDAQ:FCEL), EVgo (NASDAQ:EVGO), Canoo (NASDAQ:GOEV), ChargePoint (NYSE:CHPT) and Fisker (NYSE:FSR) are all up meaningfully today. These EV-related stocks have all shown strength on a day that…
Fireside Chat: The Future of SPACs Is Bright Despite Early Chaos
Editor’s Note: This article is part of Joanna Makris’ Fireside Chat series, where she provides retail investors with the scoop on the hottest technologies and trends from today’s business leaders, industry experts and money managers. Source: NESPIX / Shutterstock.com This week, my Fireside Chat aims to get the lowdown on special-purpose acquisition companies (SPACs). I had a…
Despite the Infrastructure Bill, ChargePoint Stock May Take Time to Recover
The U.S. infrastructure bill has been passed by the Senate. Will this initiative give ChargePoint (NYSE:CHPT) stock a boost? I wouldn’t really count on it. Sure, EV charging companies, including ChargePoint, stand to benefit greatly from this bill. The legislation could give early-stage companies in this industry a shot in the arm as they grow into…
Tesla Cements EV Leadership Through Universal Supercharger Network
Tesla (NASDAQ:TSLA) has often been called an “iPhone on wheels.” I haven’t talked to Tesla CEO Elon Musk about how he feels about this comparison to Apple (NASDAQ:AAPL). But I would imagine his feelings on the topic are mixed. Comparisons aside, TSLA stock has undeniably benefited from the company’s great success over the past few…
8 Infrastructure Stocks on Watch as Senators Strike Deal on Infrastructure Bill
President Joe Biden is coming ever-closer to fulfilling one of his largest campaign promises — widespread infrastructure spending. The infrastructure bill has been a huge point of debate among lawmakers on Capitol Hill for a while now. Now, it looks to be finally moving. This brings investor interest once again toward infrastructure stocks. What companies…