Is this Electric Car Stock the Next Tesla?? Workhorse (WKHS) Stock Analysis
In this video I analyze the electric car stock Workhorse (WKHS) and rather or not it could be the next big electric car stock.
There is no doubt that electric car stocks have gotten a LOT of attention lately and many have skyrocketed to dramatic valuations, such as Tesla (TSLA) with a current market capitlization in excess of $200 billion, and Nikola (NKLA) with a market capitlization of $20 billion.
What is interesting about Workhorse, however, is that the stock currently has a market capitlization of just $1.5 billion, which means it has plenty of potential upside relative to many other electric car stocks with larger market values.
Another interesting thing about Workhorse is their revolutionary new shipping vehicles, the C600 and the C1000, which are quite revolutionary relative to other types of vehicles being made by other electric car companies.
In addition, Workhorse already has gotten an order from shipping giant UPS, and they have also signed a distribution contract with Ryder, which is another large shipping and logistics company.
Overall, I think Workhorse (WKHS) stock definitely has potential upside, but it is also very risky. I discuss this more in detail in the video and do a complete analysis to help you decide rather or not you should buy Workhorse stock for your portfolio!
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Видео Is this Electric Car Stock the Next Tesla?? Workhorse (WKHS) Stock Analysis канала Multi Bagger Investing
There is no doubt that electric car stocks have gotten a LOT of attention lately and many have skyrocketed to dramatic valuations, such as Tesla (TSLA) with a current market capitlization in excess of $200 billion, and Nikola (NKLA) with a market capitlization of $20 billion.
What is interesting about Workhorse, however, is that the stock currently has a market capitlization of just $1.5 billion, which means it has plenty of potential upside relative to many other electric car stocks with larger market values.
Another interesting thing about Workhorse is their revolutionary new shipping vehicles, the C600 and the C1000, which are quite revolutionary relative to other types of vehicles being made by other electric car companies.
In addition, Workhorse already has gotten an order from shipping giant UPS, and they have also signed a distribution contract with Ryder, which is another large shipping and logistics company.
Overall, I think Workhorse (WKHS) stock definitely has potential upside, but it is also very risky. I discuss this more in detail in the video and do a complete analysis to help you decide rather or not you should buy Workhorse stock for your portfolio!
Sign up for my FREE email newsletter and get investing advice sent to your inbox every day: https://www.dailyinvestingadvice.com/
Follow me on Twitter: @DrewStegmanDIA
Like me on Facebook: https://www.facebook.com/DailyInvestingAdvice/
Support my channel: https://www.patreon.com/dailyinvestingadvice?fan_landing=true
Видео Is this Electric Car Stock the Next Tesla?? Workhorse (WKHS) Stock Analysis канала Multi Bagger Investing
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