EV and Energy Penny Stocks to Watch on Robinhood | Next Nio or WKHS? 20x your money!

PLUS A BONUS PENNY STOCK AT THE END!
► Subscribe to my Patreon account for all my latest stock and option moves. https://www.patreon.com/adambrokemanfinance?fan_landing=true

► 1 FREE Stock with Robinhood: https://join.robinhood.com/adamw2316

► Get $10 Free Bitcoin: https://www.coinbase.com/join/wilson_45f

► 100 Free Tickets with a Yotta Savings Account! Use code Adam94
Today I am bringing you 3 penny stocks from the EV and Energy markets you can find on Robinhood right now that could jump after this Biden win. And stay tuned till the end for an honorable mention.

For instance, Nio this time last year was trading for around $1.50 a share. Now they’re over $40.00 a share in less than a year.

Workhorse was at a similar price point back in March and April, and saw highs of over $30 a share, currently sitting at over $17 a share.

Since it’s looking like Biden will be going to the White House, it could be a good time to jump into some EV and renewable energy stocks because Biden has promised a focus on clean energy

But… in the meantime, that should make all of us investors take a look at some cheap EV and renewable energy stocks that could benefit and that we can afford.

The first one on the list that I’m looking at is Gevo. Ticker symbol: GEVO

Gevo, Inc. is a renewable chemicals and advanced biofuels company headquartered in unincorporated Douglas County, Colorado in the Denver-Aurora metropolitan area. The company develops bio-based alternatives to petroleum-based products using a combination of biotechnology and classical chemistry. Gevo converts renewable raw materials into isobutanol and renewable hydrocarbons that Gevo believes can be directly integrated on a “drop in” basis into existing fuel and chemical products.

Right now, Gevo is sitting around a $1.09 per share. They are down big on the year, but with limited travel for an extended amount of time, it’s not surprising.

They have a 57.5-million-dollar market cap and does not pay out a dividend. But it looks as if they are getting more profitable as quarters tick by making 2021 potentially a big year for Gevo.

But the next on my list worth talking about is Electramecannica Vehicles, ticker symbol SOLO.

Every day, 119 million North Americans commute using personal vehicles— and 105 million of them commute alone. Step into the future of driving. Reduce your gas bill to zero. Eliminate your environmental impact. Turn your commute into the highlight of your day.

The solo is one of the more affordable electric vehicles at $18,500 and can be fully charged in 4 hours. That 4 hours gives a range of 100 miles and can hit a top speed of 80 mph.

There are other vehicles Electrameccanica is manufacturing in the future, like the Tofino. That actually looks pretty sleek. It has a range of 250 miles and can achieve speeds of 125 mph.

In May SOLO was trading for under $1 like a true penny stock. Today they are still under the $5 penny stock range and are trading for $3.68. In the last month alone, SOLO is up more than 50%.

Next on the list is Ideanomics. Ticker Symbol: IDEX they are a global company that facilitates the adoption of commercial electric vehicles and supports next-generation financial services and fintech products.

Their electric vehicle division, Mobile Energy Global (MEG) provides group purchasing discounts on commercial electric vehicles, EV batteries and electricity, as well as financing and charging solutions; they refer to this business model as sales to financing to charging.

They are currently sitting at .94 cents per share with a market cap of almost 223 million.

Recently, Ideanomics has acquired a 15% stake in Solectrac for $1.3 million, saying that the deal will expand its global footprint in the electric vehicle industry by giving it exposure to specialty commercial vehicles. Solectrac specializes in electric tractors. It will also get a seat on Solectrac's board of directors.

The global agricultural tractor market is worth an estimated $75 billion, with North America's portion expected to grow to $20 billion by 2023. Solectrac's electric tractors are positioned as an alternative to traditional diesel tractors, particularly for the segment of the market for vehicles with less than 40 horsepower.

Honorable mention on the list is Clean Energy Fuels Corporation. Ticker symbol, CLNE.

Clean Energy Fuels Corp. engages in the provision of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. It also builds and operates compressed natural gas and liquefied natural gas vehicle fueling stations; manufacture CNG and LNG equipment and technologies; and deliver more CNG and LNG vehicle fuel.
#Pennystocks #Robinhood #Stockstobuynow

Видео EV and Energy Penny Stocks to Watch on Robinhood | Next Nio or WKHS? 20x your money! канала Broke Man Finance