Electric Vehicles Remain a Market Winner as this New Play Gets a Massive Buy Rating

The technology space continues to march on with election uncertainty waning. In one key area, electric vehicles, the sector remains in an unstoppable uptrend. Declining costs, improved reliability and expanded options are creating a perfect storm for demand.

  • Special: This Company’s Share Price has Increased 1650% Since 2016
  • With most analysts focused on big names like Tesla Motors (TSLA) or retail favorite NIO (NIO), one newer company in the space just got its first analyst buy—and that analyst expects an easy double.

    The company is Fisker (FSR). Shares rose 30 percent on Monday as Cowen gave shares a target price of $22, about double from where shares were trading. The company particularly likes the company’s SUV product, which is expected to be the most sustainable vehicle on the road once it’s in production.

    • This Company’s Share Price has Increased 1650% Since 2016.

      Traditional pharmacies can be a headache. That’s why NowRx has rebuilt the retail pharmacy experience to be more convenient, personalized, and hassle-free for customers – and their potential is growing quickly.

      This year, the company is on pace to surpass $22M in revenue and with their newest telehealth product growing 73% MoM, the time to invest has never been better!

      Did we mention that retail pharmacy is a $480B industry? You’re going to want a piece of that.

      Check out NowRx for yourself and explore the investment opportunity today.

    Shares of the company just went public in October, and with the current rally, the startup company has a market cap of about $4 billion.

    Action to take: For investors who missed part of the massive rally in other electric vehicle companies, this is another potential multi-bagger. Shares hit a post-IPO high on the upgrade, but will likely be heading far higher in the months and years ahead. Consider buying shares up to $14.

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  • For traders, the current uptrend is still bullish—although another 30 percent daily rally may be out of the cards for now. The May 2021 $15 calls, trading for around $3.45, are a less expensive way to bet on a move higher in shares.