This small cap EV charging equipment company just joined the Russell 2000 Index, which should give it even more momentum.
Blink Charging Co. (BLNK)
From ERPE Excerpts
I remain bullish on Blink Charging Co. as my top growth pick for 2021. It is on my accumulation list as I have added to the position on price pullbacks multiple times so far this year.
Blink is a leader in electric vehicle (EV) charging equipment and has deployed over 30,000 charging ports across 13 countries, many of which are networked EV charging stations, enabling EV drivers to easily charge at any of the Company’s charging locations worldwide.
The Blink Network utilizes a proprietary cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network.
Blink continues to grow. When I commented on the company at last yearend, Blink had over 23,000 EV charging stations throughout the world. On May 11 Blink acquired Blue Corner, a European EV charging operator. In the right place at the right time, Blink is well positioned to benefit from the exponential growth in EV’s.
Further, President Joe Biden has proposed spending at least $15 billion to begin rolling out electric vehicle charging stations, with the goal of reaching 500,000 charging stations nationwide by 2030. Don’t blink and miss Blink. It is a BUY.
John J. Gardner, ERPE Excerpts, blackhawkwealthadvisors.com, 925-216-4968, June 28, 2021