IDEANOMICS

NatK
2020-11-29

$Idex ASA(IDEX)$I believe they are set to ride the clean energy wave. With the announcement and eventual launch of their EV trucks, they are in a good position to take advantage of the massive agriculture industry. They are also well diversified through different business in mature and emerging industries which have a long runway for growth.

Their balance sheet is relatively clean and the stock can be viewed as undervalued in the current EV market when compared to the other big players.

I'm going long on this stock. Short term wise, the stock price might fluctuate and drop further. 

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Comments

  • MrSnake
    2020-11-29
    MrSnake
    It might actually grow exponentially with the growth of EV such as NIO, Li Auto and Tesla since it works hand with hand with EV industry
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