In this video I talk about some Penny Stocks with HUGE Potential and solid fundamentals, that I think, could quite easily double or even triple. I also give an update on the stocks i've previously called like BNGO, CCIV, NNDM and NIO.
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The first stock I talk about is EHang (EH), an autonomous drone vehicle production company based in China, these drones, like the EHang 216, have thousands of flight hours, CAAC registration and more. They can be used for aerial cinematography, emergency response, survey missions and even parcel delivery.
EHang have recently been the victim of a short report from Wolfpack Research, ehang have strongly rebutted the short report and suggest that it was a poorly put together report, with substantial errors and little to no fact involved.
Wolfpack also don't really have a very good track record, as many of their previous targets have since doubled, tripled or even 10x'ed in stock value since the short report.
Ehang currently has a market cap of $2.5bn, Joby Aviation have recently completed a reverse merger with an expected valuation of $6.6bn. Therefore, ehang could quite easily double from its current position.
The next stock is Workhorse (WKHS), a US based electrically powered delivery vehicle manufacturer. Similar to Rivian. Workhorse won a UPS contract back in 2018, and has since won some other contracts such as an order of over 6000 vehicles from pride group.
They were in the finals to win a USPS contract, which was instead given to OSK, however, its expected that this could be rebutted by president Biden himself as he authorised the expenditure for USPS to replace their current fleet with a 'largely low emission or EV fleet'... 10% EVs hardly counts as low emissions in my eyes.
I also talk about Nio, BNGO or Bionano Genomics, CCIV or Lucid Motors and Nano Dimensions, or NNDM and give my stock price prediction.
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Inspired by Graham Stephan, Meet Kevin, Andrei Jikh, Stock Moe, My Financial Friend, MCash, Kenan Grace and more.
#PennyStocks #EH #CCIV #BNGO #NIO #WKHS