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Tags: Stocks

This EV Stock to Buy Today Could See Shares Run 10x Higher

By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW • June 29, 2021

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Shah GilaniShah Gilani

I'm always looking for the next best high-growth industry - and right now, that's the electric vehicle (EV) space. Today, I'm giving you a "Buy" that's one of the highest growth opportunities within EV - a potential out-of-the-park winner that could be your next 10- or 20-bagger.

The global EV market is worth a mind-blowing $170 billion - and projected to be more than four times as big in just six years. The sector's set to grow 22% a year until it hits $802 billion in 2027.

And nothing spells opportunity more than getting in on the ground floor of a stock in a niche market that'll be riding on the success of a larger, already defined market.

My big "Buy" opportunity for you today is a small EV charging company that's working on some really cool technology.

In today's Buy, Sell, or Hold roundup, I tell you exactly why I love this company. I also review four other stocks you don't want to miss - a popular retailer that's a "Buy" at today's levels thanks to its gigantic revenue and ability to increase margins, two retailers I'd "Hold" on to right now because of their significant price run-up (make sure you aren't following the crowd into these), and one "iconic" stock I'm not buying because it might not be able to afford its dividend much longer...

So let's dive in.

Do you have a stock you want to ask Shah about? Send him a note and watch his weekly Buy, Sell, or Hold for Shah's take on what's next for this stock: shah@totalwealthresearch.com.

This stock isn't the only place where I'm seeing a ton of profit opportunity...

Right now, I'm recommending five technology stocks that are entering hyperdrive - I believe these stocks will cause a $353 billion ripple in the next 18 months. It's going to be so big that it will forever alter American life. For three reasons why each of these stocks is a total BUY, click here for all the details.

Follow Money Morning on Facebook and Twitter.

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Claim My Free Report

Shah GilaniShah Gilani

About the Author

Browse Shah's articles |

Shah Gilani boasts a financial pedigree unlike any other. He ran his first hedge fund in 1982 from his seat on the floor of the Chicago Board of Options Exchange. When options on the Standard & Poor's 100 began trading on March 11, 1983, Shah worked in "the pit" as a market maker.

The work he did laid the foundation for what would later become the VIX - to this day one of the most widely used indicators worldwide. After leaving Chicago to run the futures and options division of the British banking giant Lloyd's TSB, Shah moved up to Roosevelt & Cross Inc., an old-line New York boutique firm. There he originated and ran a packaged fixed-income trading desk, and established that company's "listed" and OTC trading desks.

Shah founded a second hedge fund in 1999, which he ran until 2003.

Shah's vast network of contacts includes the biggest players on Wall Street and in international finance. These contacts give him the real story - when others only get what the investment banks want them to see.

Today, as editor of Hyperdrive Portfolio, Shah presents his legion of subscribers with massive profit opportunities that result from paradigm shifts in the way we work, play, and live.

Shah is a frequent guest on CNBC, Forbes, and MarketWatch, and you can catch him every week on Fox Business's Varney & Co.

… Read full bio

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Marcie
Marcie
2 years ago

Thanks for a very concise talk! I will look for more. Thanks again.

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