CHARGEPOINT MASSIVE NEWS - Is SBE Stock A Buy At $38? - SBE Price Prediction And Price Target

Описание: Like And Subscribe!

CHARGEPOINT OR SBE STOCK is about to breakout!. DUE TO RECENT AMAZING DEVELOPMENTS and NEWS I think this stock will double in 2021 and in this video I want to to tell you JUST WHY I THINK THIS. so make sure to watch until the end to hear about all these news.

Firstly I think most of us ChargePoint enthusiasts already know that their merger with Switchback Energy acquisition corp has BEEN DELAYED and I have seen so many different dates and some even say that we don’t know when it is going to happen. So let me tell you that the date January 15th is the current DATE FOR THE MERGER and I DON’T THINK THAT IT WILL BE DELAYED FURTHER. So we all have that to look forward to!

Now let’s acknowledge just how much ChargePoint has gone up since their merger announcement and for all you who owned this stock a month ago, CONGRATULATIONS, you would have made a lot of money. But I think this company has a long way to go and will atleast double in the near future.

Just fundamentally they seem very strong right now. These guys are actually making money, AND EVEN CRAZY AMOUNTS OF MONEY. In a world where tons of growth stocks with billion dollar valuations BUT 0 DOLLAR REVENUES, Chargepoint IS OUT HERE MAKING 140 MILLION dollars in 2020 only, DESPITE the economic downturn, mind you!

And with this current revenue I am TOTALLY INCLINED to believe that these guys can REACH THEIR FORECASTED REVENUE of 2 BILLION DOLLARS by 2026. AND JUST THAT SHOULD BE ENOUGH TO WARRANT A MUCH HIGHER SHARE PRICE. But let’s also remember that ChargePoint are ALREADY LEADING in the electric vehicle charging industry. In North American they have the MAJORITY OF THE MARKET SHARES and they were ranked NUMBER 1 by independent research firm, NAVIGANT RESEARCH.

Not only does this make it easier to expand, which they ARE DOING RAPIDLY RIGHT NOW, mainly to Europe, THIS ALSO makes it so that manufacturers are TAILORING their components TO CHARGEPOINT. Making it cheaper for ChargePoint to build their charging stations and MORE EXPENSIVE for the other charging companies to produce their stations.

So with this said, let’s get to the recent developments AND NEWS THAT MAKE ME SEE EVEN MORE POTENTIAL IN THIS COMPANY and that all has to do with Joe Biden’s plan for the future. We all know he wants to allocate large amounts of money towards NEW ENERGY VEHICLES.

But NOW president-elect JOE BIDEN is EVEN PROMISING to build 550,000 electric vehicle (EV) charging stations and create over 1 million jobs by investing in clean energy research over the next few years.

To put this into perspective, in March 2020, the U.S. had approximately 78,500 charging outlets and almost 25,000 charging stations for plug-in electric vehicles, a considerable sum of these chargers are found in California, with 6,835 stations and 28,545 power outlets, according to data from research firm Statista.

According to Reuters, the effort is part of Biden’s plan to eclipse China in EV production and develop the right green policies. In addition to the EV charging stations, Biden also promised during his campaign before the election to help the United States compete with China on electric vehicles (EVs) as part of a $2 trillion plan to fight climate change.

So guys, this is insanely good news for ChargePoint, not only will there be more Electric vehicle users who will need to charge their cars. We will also see money directly going to help build new charging stations, and as of right now, ChargePoint seems to be the perfect company to work with, since they are already leading in the United States.