Don’t Get Suckered Into Ideanomics Stock Read full article January 15, 2021, 7:37 AM·5 min read Oops! Ideanomics (NASDAQ: IDEX) stock seems like a potentially huge winner. After all, Ideanomics has positioned itself to grow in both the blockchain and electric vehicle industries. A hand lingers over a bright blue tech wheel that says "fintech." Source: Wright Studio / Shutterstock.com I’m as big a bull on those two sectors as anyone. And so you might expect I’d be a bull on IDEX stock as well. That’s not the case, however. I see a number of concerns with Ideanomics — among them the precise fact that the company is targeting two very different industries. Throughout its history, Ideanomics has chased the ‘hot’ sector while failing to deliver. I’d be very worried that history will repeat.