Qell Acquisition Corp. (QELLU) has what it takes to be the next big EV SPAC Qell Acquisition Corp. (web site), ticker: QELLU, is an upsized $330M SPAC (special purpose acquisition company) that began trading on Sept. 30th. Here’s the S-1 Filing. The stated focus for a target indicates it will be EV-related. In addition, management has deep connections in the cleantech, automotive and EV industries. The absolute safest time to buy a SPAC is when shares are newly-trading and a target hasn’t been named. Here, your risk is limited to
Sustainable Opportunities Acquisition Corp., ticker SOAC, is risk free buy at $10/share. Merger target expected to be identified soon. With market turbulence a distinct possibility due to the upcoming election, the lack of a near-term stimulus bill, and the ongoing COVID pandemic, investing in SOAC common shares at $10/share makes a lot of sense. You’ll have an essentially risk-free investment from current levels even with the market sliding. You’ll also have the potential for a very large upside move that I believe will take place between now and early 2021
Average analyst estimate: GreenPower to make .58/share next fiscal year Sales growth > 120% yoy Analysts estimate .58/share in earnings next fiscal year Shares currently trading at a forward price-to-sales multiple below 6 Compared to other EV stocks, this is a clear mispricing of shares, and proof that the market is not always efficient over the short term If you’re reading this and aren’t familiar with GreenPower Motor, please review: GreenPower Motor Company a High Growth Standout in EV Stocksand Competitive Advantages of GreenPower for more background. GreenPower Motor Company
Investments in cleantech will charge ahead in 2021
Read why electric vehicle, battery, solar, wind, and other Greentech and Cleantech stocks will have a great year in 2021.
The leaves are falling, and the election is now just 3 weeks away. Yes, 2021 will be here before you know it. And so it’s time to sell some stocks for year-end tax purposes. It’s also time to buy stocks to gain a jump on 2021.
Investing in basket of stocks in a single market niche like cleantech has definite benefits. As an investor you’ll gain a high-level view of the market niche, including an understanding of emerging technologies and market trends. You’ll also gain an understanding of the competitive advantages, strengths, weaknesses, opportunities, and potential threats for many individual companies. As an investor, your “competition” is other investors. Those armed with a more astute understanding of the investment niche and the companies within that niche have a big advantage.
Competitive Advantages of EV Stock GreenPower Motor Company (NASDAQ:GP) GreenPower Motor Company (NASDAQ: GP) manufactures a range of all-electric commercial vehicles for public transit, schools, charter buses, delivery, vanpooling, and shuttles. Their assembly plant is in Porterville, CA and corporate headquarters in Vancouver, Canada. As a follow-up to my introductory article, GreenPower Motor Company (GP) a High Growth Standout in EV Stocks, this article will focus on what I believe are the strong, competitive advantages that Green Power has in the commercial electric cargo van and shuttle/transit/school bus space. These
- Among EV stocks in North America, GreenPower Motor Company is the only one besides Tesla that has been delivering units on a consistent basis
- For the fiscal year ending March 2020, GreenPower delivered 122% sales growth with a 30% gross profit
- One recently announced sale alone is 1.5X all of FY 2020 sales in numbers of vehicle sold
- Raised $37M from an August IPO with concurrent uplisting to NASDAQ, allowing production ramp to meet demand
- Expects to deliver the first fully autonomous electric transit bus in the U.S. by eoy
- Current market cap of just $235M dwarfed by other, untested EV stocks that have had zero deliveries to date
The recent bullish moves in a great number of cleantech stocks will ultimately be extended for reasons discussed in this article.