I'll freely admit that I'm at somewhat of a disadvantage these days when trying to make sense of 'New Economy' stocks. However, this particular stock popped up on the 'radar' of one of my investor websites this week as a potential buy. From
(snip)Big-time car companies like General Motors (NYSE:GM) and Tesla (NYSE:TSLA) continue to make strides in the electric car industry, and Ecotality—a maker of car-charging stations under the brand Blink—is poised to reap the benefits.
While we usually don’t bother analyzing penny stocks like Ecotality’s due to their high volatility, the increased popularity of battery-powered cars, and in turn the stations used to recharge those batteries, is too booming a market to be ignored.(snip)
(snip)"Tesla’s battery-powered Model S sedan recently won the prestigious “Motor Trend Car of the Year” award. Additionally, GM recently revealed its newest battery-powered car, the Chevrolet Spark, which will be priced under $25,000 thanks to green tax incentives. Honda (NYSE:HMC) , Ford (NYSE:F) and Toyota (NYSE:TM) all plan on coming out with new, electric cars as well, according to Marketwatch.
So, yes, all of these new releases are definitely a catalyst for Ecotality’s stock both now and in the future."(snip)
(snip)“The company saw its third-quarter sales rise 52% to $14.4 million as it works with the Department of Energy to deploy charging stations at Kohl’s, McDonald’s, and other parking spots around the country,” reported MarketWatch."(snip)
I would also point out that Ecotality does not have a P/E ratio because it LOST 51 cents per share on rising sales volumes.
Seriously, could somebody please explain to me how to analyze 'new economy' companies / stocks like this one ???



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