So it is looking like GP is rising and falling as NKLA rises and falls. As usual, the market can't distinguish between two EV "manufacturers" who have absolutely nothing to do with each other. At some point, these two stocks will go their own separate ways. Probably with a positive quarterly result from GP.
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What other tech stock to consider?
- Thread starter Sanny
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So it is looking like GP is rising and falling as NKLA rises and falls. As usual, the market can't distinguish between two EV "manufacturers" who have absolutely nothing to do with each other. At some point, these two stocks will go their own separate ways. Probably with a positive quarterly result from GP.
I was unable to find any answers to my own question above, so I've been buying more Canadian Solar this year. It doesn't look like a hot tech stock, but it probably has the same or better growth potential with (I am hoping) lower risks, which is one of the reasons I've been adding it to my long-term basket. Since my prior post they suspended share buy backs due to Covid, raised 230M in convertible bonds, announced next year IPO of it's China's spin-off at 1.1B valuation, with offering of 260M.
Anyone else been following Canadian Solar? What are your thoughts?
Causalien
Prime 8 ball Oracle
Canadian market is very sleepy. Our stuff don't usually get the same hype highs as USA stuff unless the company manages to break into a global or US economy. If Canadian Solar is only selling to the domestic market, it probably have already saturated the market and what you see is what you get.
I'd say Canadian Solar is actually more a Chinese company headquartered in Canada. It's in Top 5 in the world per GWs produced, and Canada is not it's largest market. It's up ~50% since my February post, but as far as I can see it's still relatively undervalued.
Causalien
Prime 8 ball Oracle
Overall, I think the stuff suggested in this thread is pretty good.
Fiverr and Upwork have held up very good under all the volatility and even increased in value. I have started looking into the other stocks that are recommended in this thread.
I am also greateful that my penny stock mushroom hasn't disappointed.
Someone also convinced me to lean more into Biotech and tech, so I am going that route.
Fiverr and Upwork have held up very good under all the volatility and even increased in value. I have started looking into the other stocks that are recommended in this thread.
I am also greateful that my penny stock mushroom hasn't disappointed.
Someone also convinced me to lean more into Biotech and tech, so I am going that route.
Buckminster
Well-Known Member
Haha - I trust Dave to do the heavy lifting. $3Bn market cap - plenty of room to grow. I would be a customer if I could. Because they give any excess profits beyond 25% to charity there is less reason to give you a hard time if you make a claim. I think that this will delight customers.
Buckminster
Well-Known Member
Fool suggested about every stock in the sector (except Tesla) was good with Biden as POTUS:
We Ask Successful Investors: What Are Your 3 Favorite Stocks if Biden Wins the Election? | The Motley Fool
which kind of boggles the mind if Tesla's are about to get 7500 cheaper in a few months
Solar has to be one of the most aggressive solicitors of this era next to vehicle warranties. I get about 5 calls/week from all these solar companies and they go door to door as well.
If they could figure out a way to write a primary homeowners policy for my home in the SoCal mountains, I'd be inclined to invest! Alas, this is what Lemonade tells me:
What bothers me is that, rather than quoting a very high premium based on a data-driven risk assessment (underwriting process), insurers generally throw up their hands and refuse to quote. At least one quarter of California homes are considered to be in the "wildland urban interface". As bad as the fires have been, the vast majority of those homes are still standing. The recent, large fire in our particular mountain range burned something like five homes total, thanks to the firefighters.
Fair or not, that's my litmus test for investing in any insurance company. I don't care how slick or trendy an insurer's website may happen to be if they aren't helping to solve the number one problem in our state's insurance market. Telling a large fraction of homeowners to use the public "CA FAIR Plan" is not a real solution. My guess is that, if you live in an area prone to some other type of disasters such as hurricanes, you may be running into similar issues.
As for Lemonade's other products, renter's insurance and pet insurance, those kinds of policies are generally easy to buy anyway. So I'm not sure I see the big deal.
pz1975
Active Member
For anyone interested in the psychedelics space (see Compass Pathways - up 130% since IPO in September), a company called Field Trip (ticker FTRP) will begin trading tomorrow in Canada. I know one of the founders - very smart guy who was a key person at Ashley Madison when it was becoming popular, and also did very well with Aurora Cannabis. Full disclosure - I do have a position in this company but wanted to share as I think it will do quite well in this growing field.
Field Trip Health | Psychedelic Therapies That Bring You to Life
Field Trip Health | Psychedelic Therapies That Bring You to Life
TheTalkingMule
Distributed Energy Enthusiast
IPOC now = Clover Health apparently. Not blown away, but just beginning to read.
Chamath Palihapitiya to take Clover Health public in another SPAC deal worth $3.7 billion
Edit: actually the math on revenue is pretty impressive on the one pager from social capital. Link
Chamath Palihapitiya to take Clover Health public in another SPAC deal worth $3.7 billion
Edit: actually the math on revenue is pretty impressive on the one pager from social capital. Link
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