What’s up everyone, so in today’s video, I’m going to share with you three solid ev and penny stocks
which no one’s talking about and these stocks are about to take off on the back of massive news.So
make sure stick around to the end, so you don’t miss out on these big game changing penny stocks,
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So let’s jump straight into it, with our number 3 ev stock here, which is iSun Inc
(ISUN); it has a share price of $11.34 and market cap of $104m.
Its share price is up 29% over the last month and also up 81% over the last 6 months.
Its seems to have bottomed out and ready to take off on the back of its latest explosive news.
So if you want to invest in this stock, I’ll start by cost averaging into it with a stop loss ideally
in the range of 5 – 10%. My strike price would be in the range of 10 – 10.50. So if there’s
any further pull back below 10.50, that would be a good entry point for the long term. Isun is Nasdaq
listed with an average of 150k shares traded over a 30day period and over 9m shares outstanding.
Isun connects renewable energy to clean mobility for a healthier world.
They are a leading commercial solar contractor in the United States, providing solar energy and
clean mobility infrastructure to customers for projects from smart solar, mobile phone
and electric vehicle charging to large utility renewable energy solutions. And Since entering
the renewable energy market in 2012, iSun has installed over 400 megawatts of rooftop,
ground mount and EV carport solar systems(equal to the power required for 76,000 homes.
Isun announced today that they had been selected by a competitive bid by two of
the most important entities in the municipal EV fleet and off-grid charging networks.
And iSun will design and deploy several and grid-tied and off-grid solar powered
electric-vehicle charging stations across America. This $2 Million initial
contract value is in addition to the Company’s recently reported $81 million project backlog.
iSun is also set to join the Russell Microcap® Index
after the annual reconstitution, effective after the US market opens on June 28.
Russell indexes are widely used by investment managers and institutional investors for index
funds and as benchmarks for active investment strategies. So this would drive demand for
the stock and consequently liquidity which would drive its share price up.
In their Q1, 21 results, they recorded revenues of $7.3 million,
up 82.2% year-on-year, driven by new contract wins and solid market fundamentals. Their Q1,21 backlog
of $81 million, was up 33% quarter-on-quarter, and nearly double first quarter 2020.
Next up to our number 2 penny stock, which is Ayro Inc (AYRO) It has a share price sitting at
$5.3 and market cap of $187m. Its share price is up 12.6% in the month but down 21.7% over the last
6 months, which puts it in deep value territory but with plenty of opportunity with this one.
I think it bottomed out at $3.9 earlier in May, so my strike price would be in the range of $4.6 – 5.
So if there’s any further pull back below $5,
that would be a good entry point for the long term. This penny stock is Nasdaq listed with
an average of over 1.1m shares traded, over a 30day period and over 35m shares outstanding.
AYRO designs and produces purpose-built electric
vehicles (EVs) to enable sustainable fleets for micro-distribution and last mile delivery.
With rapid, customizable deployments that meet specific buyer needs,
AYRO is spearheading the transition to EVs across a variety of market segments and needs.
They recently announced the receipt of an initial $2m order for their 2022 Club Car Current, the
next generation of the Club Car 411. This first purchase order signals the strong, and immediate,
demand for the Club Car Current as business sustainability goals and EV adoption increases.
For their Q1,21 financial results, they recorded Revenues of $788,869 (up 437%
YOY) which was the sixth consecutive quarter
of quarter-over-quarter revenue growth, which is just significant and consistent.
They announced an agreement with Element Fleet Management,
the world’s largest pure-play automotive fleet manager, to support the deployment of large fleets
of AYRO electric delivery vehicles over the next four years. AYRO also launched an industry-first
electric vaccine vehicle (EVV) with partners Element,
Club Car, and Gallery Carts, to expand access to COVID-19 vaccination and testing.
Next up to our number 1 ev penny stock for today which is Ideanomics (IDEX).
It is sitting at a share price of just over $3 and market cap of $1.29bn.
Its share price is up 8.4% on the month and also up 54.8% over the last 6 months. It seems to
have been relatively flat over the last few weeks but about to jet off on massive news,
so my strike price would be in the range $2.75 to 2.90, so if there’s any pull back lower than $2.90
that would be a good entry point. This penny stock is Nasdaq listed
with an average of over 19.6m shares traded, over a 30day period and over 451m shares outstanding.
Ideanomics is driving the sustainability transformation solutions that shape the future of
E-mobility and fintech. They accelerate commercial fleet electrification by helping commercial fleets
navigate the barriers of electrification across vehicles, charging, and energy.
Ideanomics acquired U.S. EV Tractor Maker Solectrac, a leader and visionary
in the renewable energy and EV space for more than 40 years.
Solectrac enhances Ideanomics' ecosystem of EV businesses with a premium offering in the
rapidly growing agriculture sector that is on the cusp of EV adoption.
Idex also signed a definitive agreement to acquire 100 percent of privately held US Hybrid,
a manufacturer and distributor of electric powertrain components and fuel cell engines
for medium and heavy-duty commercial fleet applications. The completed
acquisition is another critical milestone in Ideanomics' mission to reduce commercial fleet
greenhouse gas emissions through advanced EV technologies and forward-thinking partnerships.
Ideanomics simultaneously announced that US Hybrid had received orders from partner,
Global Environment Products (GEP) for a fleet of all-electric
street sweepers expected to be deployed in multiple cities in the US and globally.
And finally Idex is set to join the broad-market Russell 3000® Index at the conclusion of the 2021
Russell indexes annual reconstitution, which will take effect after the US market opens on June 28.
So similar to Isun stock, joining the Russell indexes
enables Ideanomics to extend its reach into the institutional shareholder community where
they believe their story is going to resonate extremely well and drive demand for their stocks.
So some really really exciting times ahead for these ev stocks.
This video is not financial advice, a buy or a sell recommendation, but is meant to
bring some new and exciting penny stocks to your attention for you to do your own research.. As
always I would love to hear from you, so please let me know your thoughts on these penny stocks
in the comments section below and what other high growth penny stocks are catching your eyes lately.
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