It goes to show that when electric vehicle companies team up with bigger, established brands with greater production efficiency, it can be a good sign for investors.
Folks on Wall Street had been trying to get GM to spin off its electric vehicle business after watching Tesla hit a ridiculous market valuation — it currently has a price-to-earnings ratio of 928.
The reality is Wall Street is trying to push electric vehicle companies and that will suck away some of the money going to Tesla. Even Tesla’s Elon Musk visited last week in Germany with Volkswagen’s (OTCMKTS:VWAGY) CEO Herbert Diess. His trip included taking a spin in the company’s new line of electric cars, including a preview of the ID.4 electric SUV that’s yet to be released.
The bottom line is that if these electric car upstarts try to build out their businesses themselves, it’s going to be a tough road to follow. Teaming up with the big players in the sector could prove to be a successful strategy. It’ll be fascinating to see what happens.
In the meantime, as the Tesla bubble gets pricked, money is flowing into other areas in the stock market. We’re in the midst of a washing machine market, where money is sloshing around and making its way to my fundamentally superior stocks.
This is an exciting preview that many of the stocks I recommend will likely benefit from quarter-end window dressing in the last couple weeks of September. This is when institutional managers try to make their portfolios “pretty” by shoring up on high-quality stocks.
Where to Find High-Quality Stocks
If you’re not sure of where to invest ahead of the quarter-end window dressing, then you’ll want to check out my exclusive Platinum Growth Club. My subscribers have been enjoying gains of 224%, 201% and 252% – just to name a few. And, because my Model Portfolio stocks represent the crème de la crème of the market, I don’t expect this momentum to slow down anytime soon.
This is why I’ve been busy adding new recommendations. In the past month, I’ve added six new buys in Growth Investor, four in Breakthrough Stocks, nine in Accelerated Profits and five in Platinum Growth Club.
And I’m just getting started.
My screens are lighting up with new fundamentally superior opportunities, and I expect to add new companies to my Buy Lists so my subscribers are “locked and loaded” for the third-quarter earnings season.
As a Platinum Growth Club subscriber, you have access to every single stock – I have over 100 stocks across all my services! If you’re interested, you can sign up here. And the timing couldn’t be more perfect. I will be hosting my exclusive September Live Chat Event next Monday – just for my Platinum Growth Club subscribers.
If you sign up today, you can send me your questions and I’ll address them live during the event. I will also be hosting a special Q&A for my Elite Platinum Growth Club subscribers next Thursday, so I encourage you to join now so you can send me your questions early! I look forward to hearing from you.
Note: The Editor hereby discloses that as of the date of this email, the Editor, directly or indirectly, owned the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below:
Etsy, Inc. (ETSY)
Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system — with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the “Master Key” to profiting from the biggest tech revolution of this (or any) generation.
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