Hey There Income Hunters,
There’s a reason the rearview mirror is so small and the windshield is so big …
Because if we look in the rearview, we’re going to miss where we’re going.
That’s one of my favorite expressions — and it’s more true now than ever …
There is so much ahead of us this month and it is going to be explosive.
Here is the March Madness Top 5:
$1.9 stimulus package — with “stimmy” checks possibly hitting this week
$800 billion burning a hole in Janet Yellen’s purse that must be spent by the end of this month
Jerome Powell doing his best “Twist and Shout” rendition that will send 10-year rates heading back to 1.25%
Congress pivoting to a $2-$3 trillion infrastructure spending bill
The potential for a $316 billion quarter-end rebalancing out of stocks and into bonds
No. 5 is most important for us Income Hunters — because we want to load up on a few key Blue Wave specials that will rock-and-roll as we head towards the most powerful Build America program since FDR in 1933 …
I have THREE killer stocks that I’m buying this week… that you need to buy this week …
No. 1, Fisker Inc. (Ticker: FSR)
Fisker describes itself as the designer and manufacturer of “the world’s most emotion-stirring, eco-friendly electric vehicles and advanced mobility solutions.”
FSR’s program is in high gear and remains on-track for a Q4 2022 production start.
The company says technology decisions will enable greater range, acceleration, advanced driving assistance and, overall, more content than initially planned.
Reservation’s were already at nearly 12,500 at the end of February.
Fisker has also announced an MOU with Hon Hai Technology Group (Foxconn) to jointly develop a new vehicle under the Fisker brand starting in Q4 2023.
No. 2, Blink Charging (Ticker: BLNK)
BLNK is a facilitator of a truly low-carbon economy….
The company’s charging network has expanded over the last few months. Its most recently announced deal is in San Antonio — to deploy up to 140 level-2 charging ports and three fast-charging stations throughout the city ..
The macro backdrop for electric vehicles is incredibly strong — some projections have sales rising 7x over the next five years.
All this hype had pushed BLNK’s stock price to nose bleed levels …
However, their price recently corrected 50% from its highs of $65 — and post-correction they completed a raise of $220 million at a public offering price of $41 per share …
BLNK is also an attractive acquisition candidate for oil and gas companies that seek to beef up their environmental, social and governance (ESG) credentials
Plus, Investors hold 25% short Interest in BLNK.
No. 3 SunPower Corp (Ticker: SPWR)
SPWR is at the heart of the solar energy market, focusing on providing value-added services to the solar power system beyond the panels and converters, such as:
Design and market battery systems, software and user interfaces compatible with futuristic smart homes…
The company has restructured its business to focus purely on supply chain value-added service. Plus they have increased gross margins and decreased debt …
SPWR is profitable — and today offers good value after a 40+% correction … Plus they may get a boost in price if/when firms that have short 25.8% of shares outstanding are forced to buy them back …
Bring It Home
The size of the clean energy budget, cabinet appointments and reports from Washington indicate that a green transition is at the top of the president’s agenda…
The three companies above have positioned themselves nicely to capitalize on the growth opportunities ahead …
There is a lot of wind behind the sails of this trade — there is nearly $5 trillion likely to be spent in the next six months, with the last $3 trillion focused on green energy …
I am mostly interested in call spreads, which limit the capital outlay and maximize the risk/reward ratio …
Live and Trade With Passion My Friends,