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Trend of EV SPAC merger to go public continues to gain momentum

American EV maker Fisker completed its reverse merger with Spartan Energy Acquisition Corp. on 29th of October last year. Regardless of its name, Spartan Energy had no link with the energy sector. Instead, it was a special purpose acquisition entity that got listed with the sole purpose of merging with a private company. Phoenix-headquartered Nikola Corp. went public in June 2020, through its merger with a blank-check company called VectoIQ Acquisition Corporation. Now, Nikola is trading on the...
United States Michael Klein York Stock Exchange Purpose Acquisition Company Churchill Capital Corp Spartan Energy
Source: topnews.us

Why Switchback Energy Acquisition Stock Jumped Today

Author Bio Evan is a senior technology specialist at The Motley Fool. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder. Follow @TMFNewCow What happened Shares of Switchback Energy Acquisition (NYSE:SBE) have jumped today, up by 10% as of 3 p.m. EST, after President Joe Biden announced yesterday that he plans to electrify the entire f...
United States Joe Biden Switchback Energy Switchback Energy Acquisition President Joe Biden ஒன்றுபட்டது மாநிலங்களில்
Source: fool.com

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These Stocks Will Win No Matter Who Wins the EV Race

Author Bio Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Follow @TravisHoium Electric vehicles have been one of the hottest topics on the stock market in 2020. Tesla rose sharply in value this year, and commercial EV charging company Blink Charging was one of the markets best performing growth stocks of 2020.  Any way you look at it, EV stocks seem to be overvalued and...
United States Nextera Energy Partner Howard Smith Switchback Energy Acquisition Clean Energy Fuels Jason Hall Clean Energy Fuels Switchback Energy
Source: fool.com

The Energy Sector To Watch In 2021

The Energy Sector To Watch In 2021 By Alex Kimani - Dec 29, 2020, 7:00 PM CST The year 2020 has been unusually volatile for the U.S. financial market, but more so for the energy sector thanks to nationwide lockdowns and subsequent fuel demand destruction. Its become a recurring theme, but the oil and gas sector has again emerged as the worst performer among Americas 11 sectors for the 11th straight year.  Indeed, Refinitiv data shows that the S&P 500 earnings growth rate would have...
United States Des Moines Darren Rabelez Michaeld Farkas Federal Reserve Bank Lehigh Valley Health Network

Blink Charging Stock Surged 1,790% in 2020. Is It a Buy for 2021?

Author Bio Rekha Khandelwal, CFA, is a long-term investor with a special focus on energy stocks. Rekha holds a masters in finance and has worked as a financial consultant. When she isnt writing, she can be found traveling to a new city or country. Shares of electric vehicle (EV) charging equipment provider Blink Charging (NASDAQ:BLNK) have zoomed upward by 1,790% year-to-date as of this writing. Growing enthusiasm for electric vehicles combined with the number of new ch...
Switchback Energy Acquisition Blink Charging Switchback Energy சுவிட்ச்பேக் ஆற்றல் கையகப்படுத்தல் கண் சிமிட்டும் கட்டணம் வசூலிக்கிறது சுவிட்ச்பேக் ஆற்றல்
Source: fool.com

9 Stocks To Buy For Opportunities In The Energy Revolution

Oil and gas companies see their long-term futures constrained and some are looking to transform themselves. Those connected to the machines are looking to scale and take control over the electric grid. One side hopes to offer income, the other capital gains. We’ll start with the capital gains. SolarEdge Technologies: The Front End of a Bubble Source: rafapress / Shutterstock.com When any stock starts selling for 10 times its revenue, it’s in bubble territory. Such valuations can be justifi...
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