What’s up everyone, so Elon Musk changed the world with the rise of Electric Vehicles
to combat carbon emissions and accelerate climate change. And since 2012, Tesla stock has greatly
outperformed the S&P 500 by a wide margin. Infact could have made a fortune by investing Tesla
during the early days and holding onto your shares. I mean we are talking
about a staggering 18,100% here from share price of just shy of $5 per share in 2012.
And so with many OEMs and EV startups entering the picture right now, you won't get those early
investor hypergrowth returns from many EV stocks anymore as there is only one Tesla.
However, I believe those same hypergrowth gains are possible in the eVTOL industry as eVTOLs will
change how we travel around cities forever. The global eVTOL market is projected to reach
$23.21 billion by 2028 up from $5.41 billion in 2021. So some exponential growth outlook there.
And so in this video, I have two top evtol stocks, with very bright outlooks and set to dominate
this market. Interestingly, they are trading at about the same $5 price mark where Tesla traded
some 10years ago. Cathie Wood who made the big bet on Tesla is a backer of this stocks,
so if you’re bullish about the future of air travel being green, you feel Cathie Wood could
strike gold again and you have patience on your side then you want to make sure
have these two stocks on you’re watchlist and take advantage of the current depressed market
to buy the dip. So make sure you stick out to the end so you don’t miss out on these.
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Thank you very much and with that said, let’s jump straight into it.
That said please drop a quick like on the video and hit the bell, so we can get on
with it with our first stop, and talk about Blade Air Mobility (BLADE) which is now sitting at $6.39
with a market cap of $456mn. Blade is down 8% in the past 5 days but over the month it is up 14%.
It has been highly volatile lately on the back of the recent market selloff but if you believe in
the future of electric air travel, then you want to ensure you pay attention to these two plays
and have them on your watchlist as some of the dip opportunities go for a steal. And if you
need a decent platform where you can trade these stocks, you want to check out Interactive Brokers,
which is a low cost & award winning platform which allows you to trade over 135 markets.
And what I REALLY like about the IBKR platform, which you can see here from my portfolio is that,
you can access some of the top ev supply chain stocks, bought directly from different
global markets with limit orders. So if you need a platform with low fees,
enabling you to trade globally in challenging times like this,
then you certainly want to checkout IBKR from my link below. Here’s what’s new with Blade.
Blade Acquired Three Urban Air Mobility Companies Creating the Largest Helicopter Passenger Service
in Europe. The acquisition will roll up the charter and scheduled air mobility businesses
of Monacair, Héli Sécurité and the “Air Carriers”, which generated an aggregate of
€30 million in revenues while servicing approximately 125,000 fliers in 2019.
With the addition of the Air Carriers’ high gross margin businesses, this combination should
immediately contribute free cash flow to Blade and accelerate Blade’s timeline to profitability.
Rob Wiesenthal, Blade’s CEO added that “These three acquisitions are core to their strategy
of leveraging their asset-light model to aggregate the premier use cases for urban air mobility. As a
result, Blade has now amassed what they believe to be the most valuable routes in the world.
And so adding this formidable presence in Europe to their existing operations
across the greater New York area, Vancouver and India, is a critical step in their expansion,” .
Blade Reported their Financial Results for the First Quarter Ended March 31, 2022
stating revenue was up 187% to $26.6 million versus the prior year period.
They added 14 new organ transportation clients in the period, contributing to 186% growth in
MediMobility Organ Transport and Jet revenues versus the prior year period. Blade Airport
also recently saw record volumes with a 25,000 passenger annualized weekly run-rate recently,
well above the pre-Covid and December 2021 peak which bodes very well for them as BLADE has
cultivated a strong and growing list of strategic partners to ensure seamless transition to EVA.
Analysts at Seeking Alpha say Blade Air Mobility Business Is Taking Off.
Blade reported another strong quarter as demand returned to above pre-covid levels
with the reopening of airport services. The urban air mobility company still has several years
of work ahead to reach EBITDA positive but yet the stock only trades at ~1.5x '23 EV/S targets
while the business is poised to soar starting with EVAs in 2024.
The key investor takeaway is that Blade Air Mobility is developing a promising air
mobility platform, taking short distance air transportation to the next level.
So the stock offers an attractive risk/reward scenario at the current price,
but the next year will be volatile as the business develops and recession fears loom.
And as you can see Cathie Wood has been a long term holder of Blade
throughout this market rout holding over 7.8m shares across the ARKK and ARK Q funds.
Next up is Joby Aviation Inc (JOBY) currently sitting at $4.99 per share with a market cap of
$3.0bn so almost 6X the size of blade but yet still presenting decent opportunities
into this Evtol space. They seem to be bouncing from the lows of $4.16
being up 19% on the month but still in the red over the last 6m. So here’s what’s new with Joby.
Joby recently Received Part 135 Certification from the FAA, Federal Aviation Administration, allowing
Joby to begin on-demand commercial air taxi operations. This Certification was received ahead
of schedule, initially targeted for second half of 2022 and it will allow Joby to operate aircraft
commercially. Joby will use the conventional aircraft to refine systems and procedures
in advance of launching the eVTOL service targeted for 2024.
Bonny Simi, Head of Air Operations Joby, and one of the Company’s pilots, stated that:
“The procedures they’ve prepared lay a foundation for their future eVTOL operations.
And over the coming months, they will use their new certificate to exercise the operations
and customer technology platforms, that will underpin their multi-modal ridesharing service,
while also refining their procedures to ensure seamless journeys for their customers."
Pilots for the Company’s future aerial ridesharing service, expected to launch in 2024, will have the
benefit of flying an environmentally-friendly aircraft on a reliable work schedule,
ending each shift in their home city. Some brilliant planning there for the future.
And in a recent shareholder letter, at the end of the first quarter of 2022,
they reported that they had $1.2 billion in cash and short-term investments to support operations.
Net cash used in operating activities totalled $72.3 million in the first quarter
and ended with a net loss of $62.3 million.
Analysts at Seeking Alpha rate it a strong buy and say to Buy This eVTOL Stock Before Air Taxi
Service Launch In 2024. Joby Aviation is the clear leader of the North American eVTOL market with its
first mover advantage, world-class engineering team, and $1.2 billion cash reserves. The company
received the crucial FAA Part 135 certificate that allows the company to operate commercial flights
which Joby plans to start launching in 2024 when the eVTOL market is set to explode in growth.
The company is projected to reach $2 billion in revenue by 2026 by operating an eVTOL air taxi
business and generating revenue through selling tax credits to other companies to help offset
carbon emissions. Joby has entered partnerships with Toyota to build its eVTOL aircrafts,
acquired Uber Elevate to integrate its flights on the Uber platform upon launch in 2024, and
partnered with SK Telecom to launch its air taxi service in South Korea. What an outlook there.
Cathie Wood is also a holder of Joby in their ARKX fund with over 1.3m shares held.
So some very very interesting and mindblowing prospects ahead for these ev stocks
but only consider getting in if the price is right for you and if you fully understand the risks.
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 top penny
stocks in the comments section below and what other penny stocks are catching your eyes lately.
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Thank you so much for being here and I look forward to have you in my next video. Thank you