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How to Invest in the Electric Vehicle Market

By Jose Najarro - Mar 26, 2021 at 8:29AM

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EVs are gaining market share and popularity right now. Here's how you can invest now.

In today's video, we'll look at Blink Charging (BLNK 10.31%)and I share both bullish and bearish cases for the company.

Blink designs, manufactures, owns and operates EV charging stations. They currently have over 15,000 stations in the U.S.

Three Bearish Reasons to hold off on Blink

  1. We are in the early stages of the EV market, and Blink has enormous potential growth as the EV market expands.
  2. Strong balance sheet, Blink has plenty of cash with very low debt. There should be no worries of the company going under any time soon.
  3. No matter who becomes the best EV maker, it will require a charging station.

Three Bearish Reasons to hold off on Blink

  1. The company has a market cap of 1.7B but TTM revenue of less than $5M.
  2. Not profitable and does not have positive cash flow from operations.
  3. There are many competitors in this market, and some EV stocks will not survive. If I were to invest in Blink, it would be a minimal exposure of less than 1% on my portfolio.

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Stocks Mentioned

Blink Charging Co. Stock Quote
Blink Charging Co.
BLNK
$16.79 (10.31%) $1.57

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