Dear Member,
I don’t know how many of you are following the EV (Electric Vehicle) stocks but let me tell you that they are on fire and may move even higher, but many are risky and may burst as well so trade carefully. Many traders are actively trading these stocks, but I recommend just focusing on quality stocks. Many who are nervous about buying stocks around current levels can buy the ETF’s for EV, Cloud, 5G, Robot tech, Telehealth, AI, and disruptive tech so you are not just focusing on one or a few stocks, you become a part of every quality stock in that sector.
Let’s first start with EV car’s: In 2004 when I was talking to a friend of mine named Mike, I told him that I saw an EV car coming and they will take lead ahead, slowly most car companies will start producing EV (Electric Vehicle), so in the next twenty years a great amount of money could be made. I said I might be right, but it seems a bit difficult because big sharks won’t allow that to happen. Today when I look back at that conversation, it seems that nature wanted me to speak.
Since my childhood nature has guided me to look into the future, and the most beautiful part of nature is that it provided me with a vague picture of the future from age 8 which was in 1975. I was telling people in my village that people will be able to communicate wirelessly, and that all paper would go away. There will be electricity in every house (my village got electricity in 1978). In 1995 nature helped us recognize that internet will give a new shape to the world and an internet revolution is coming.
There is no doubt that Disruptive technology will rule the future coming time but at this stage lets see how EV stocks are doing. In EV we just recommended TSLA which has been our favorite since 2013, and WKHS which we recommended in 2018 and 2019. I believe that in 2018 our prediction of TSLA and Elon Musk was a key one to give us direction about future prospects of EV. Let’s see how all these electric car stocks performed in the last two years or in the last few months.
This is small part of this week letter, the first sections of this week’s weekly newsletter we just sent to Cannabis and E-CAR letter.
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Thanks & God Bless
Mahendra Sharma