Workhorse Group is Up 177%! Is WKHS Stock Worth Buying?

Workhorse Group (WKHS) Stock is up big on safety approval for their C class delivery vans. The company will produce around 300 to 400 delivery vans that aim to replace outdated models from companies like UPS & USPS. They landed a contract to produce around 100+ vans for USPS and await a decision by USPS on July 14th. If Workhorse wins this contract, it could mean billions of dollars in revenue for the company.

They also own a 10% stake in Lordstown Motors, a company that sells EV trucks like the Nikola Badger. This stake alone could be worth billions in the future too.

Workhorse is a great long term play as more companies will replace their outdated vans with modern electric vehicles. The company doesn't have the strongest balance sheet but should be okay with $16 million in cash.

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Видео Workhorse Group is Up 177%! Is WKHS Stock Worth Buying? канала Investor Trip