Forget Dogecoin -- This Stock Is a Better Buy

fool2021-05-08

It's probably a safe bet to say that many of the buyers of Dogecoin did so because they are hoping the meme cryptocurrency will go "to the moon." But it'shard to make a real investment casefor ...

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Comments

Rednalhgih
2021-05-13
Rednalhgih
Use dogecoin to generate passive income.https://app.cakedefi.com?ref=821807
HMian
2021-05-10
HMian
Need to observe further
- ShuJie:
  Ya
lineasy2
2021-05-10
lineasy2
Dangerous buy!
Mrbao32
2021-05-10
Mrbao32
All because of why one person says.
JaneJ
2021-05-10
JaneJ
Good to know!
JOBF
2021-05-10
JOBF
?

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Electric vehicle (EV) sales are expected to jump from 1.7 million in 2020 to 8.5 million just by 2025, and to 26 million 10 years from now, according to industry research providerBloombergNEF. And the firm expects EV sales to more than double again in the following 10 years.Charging station network leader ChargePoint Holdings(NYSE:CHPT) is established in the business, and investors in this company could ride the explosive EV growth trend.De-SPAC resultsChargePoint went public on March 1 through a special purpose acquisition company (SPAC) merger. But unlike somede-SPAC companiesin the EV space, the company has so far met its sales expectations and kept its future outlook unchanged. That's because it was already an established business before going public, with more than 4,000 commercial and fleet customers, and more than 132,000 charging locations on its network in North America and Europe.There is, and will be, plenty of competition in this space. But ChargePoint exists as one of the largest compared to other domestic and international players. Past and estimated future revenue of several in the sector are shown below.Company2021 Revenue Estimate (million)2020 Revenue (million)ChargePoint$200$146EVBox$145$84Volta$47$25EVgo$20$14Blink ChargingNP*$6.2DATA SOURCE: COMPANY FINANCIALS. *NOT PROVIDEDChargePoint is the current favoriteChargePoint already has a large lead in North America with a 70% share of Level 2 charging networks, which use 240-volt power. Its comprehensive network of offerings also includes more than 2,000 publicly available fast-charging stations. Its suite of products caters to the needs of EV fleet owners, parking operators, and consumers, as well as corporations and municipalities.And in a sign of how large the market can grow, President Joe Biden has proposed installing 500,000 new charging stations in the U.S. as part of an infrastructure initiative. 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But asautomakersramp up EV production, it would seem to make more sense for them to focus on what they know best, potentially including battery production.For an investor wanting to speculate for big gains, charging companies have an established business in a quickly growing sector. Dogecoin keeps going up as Elon Musk or others excite retail trader interest. But if that's the only reason it's rising, it can't continue long term. A charging company like ChargePoint should have better odds at providing long-term gains.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":191504570,"gmtCreate":1620886230890,"gmtModify":1704349914657,"author":{"id":"3560669368328062","authorId":"3560669368328062","name":"Rednalhgih","avatar":"https://community-static.tradeup.com/news/a729dc8788b8472ff96c7523ce25c4da","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3560669368328062","authorIdStr":"3560669368328062"},"htmlText":"Use dogecoin to generate passive income.https://app.cakedefi.com?ref=821807","listText":"Use dogecoin to generate passive income.https://app.cakedefi.com?ref=821807","text":"Use dogecoin to generate passive income.https://app.cakedefi.com?ref=821807","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191504570","repostId":1117194592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":190435461,"gmtCreate":1620642472853,"gmtModify":1704345985102,"author":{"id":"3577877222927887","authorId":"3577877222927887","name":"HMian","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3577877222927887","authorIdStr":"3577877222927887"},"htmlText":"Need to observe further&nbsp;","listText":"Need to observe further&nbsp;","text":"Need to observe further","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/190435461","repostId":1117194592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4285454,"gmtCreate":1620691360632,"gmtModify":1680788007143,"authorId":3580280937765956,"author":{"id":3580280937765956,"idStr":"3580280937765956","authorId":3580280937765956,"name":"ShuJie","avatar":"https://static.tigerbbs.com/fab78f17f563d835249358a8d127785c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":190435461,"type":1,"supId":0,"prevId":0,"content":"Ya ","text":"Ya ","html":"Ya 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buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190494982","repostId":1117194592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":190492775,"gmtCreate":1620641430697,"gmtModify":1704345968914,"author":{"id":"3575453060298432","authorId":"3575453060298432","name":"Mrbao32","avatar":"https://static.tigerbbs.com/a81b9c762a254ffc27b17dbc48e32fa2","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575453060298432","authorIdStr":"3575453060298432"},"htmlText":"All because of why one person says.&nbsp;","listText":"All because of why one person says.&nbsp;","text":"All because of why one person says.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190492775","repostId":1117194592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":190559369,"gmtCreate":1620636697751,"gmtModify":1704345905307,"author":{"id":"3573597158008019","authorId":"3573597158008019","name":"JaneJ","avatar":"https://static.tigerbbs.com/35feebaa559f51f47e204634b51aaeb0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3573597158008019","authorIdStr":"3573597158008019"},"htmlText":"Good to know!&nbsp;","listText":"Good to know!&nbsp;","text":"Good to know!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190559369","repostId":1117194592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":190241585,"gmtCreate":1620627359347,"gmtModify":1704345785909,"author":{"id":"3581815163829781","authorId":"3581815163829781","name":"JOBF","avatar":"https://static.tigerbbs.com/c7a151e7ee93a96cc03b2ca27371f8b2","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":1,"idStr":"3581815163829781","authorIdStr":"3581815163829781"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190241585","repostId":1117194592,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":292,"commentSize":133,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 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