Rollopda
Why $BLNK (Blink Charging Co) is a good opportunity below $3.20. On February 14, Blink announced via press release: ⚪ Its target is to achieve a positive Adjusted EBITDA by December 2024. ⚪ It anticipates its fourth-quarter 2023 revenue to surpass $42 million. ⚪ It expects full-year 2023 revenue to surpass $140 million (exceeding its previously announced revenue target of $128 – $133 million). ⚪ Its steady financial performance and growth trajectory have consistently improved over the past few years. ⛽ Considering the very few competitors $BLNK has in its niche, it is possible that an EV car maker would acquire $BLNK's EV charging station network and manufacturing plants. 🏦 The FED's likely decision to maintain or reduce interest rates will create a favourable environment for $BLNK as it will lead to a reduced cost of debt, a condition ideal for a growth company. 📉 $BLNK's IPO was in February 2018, and just 2 years later, it experienced a boost from the lockdown period, which led the stock to an unreasonable price the market corrected as soon as the interest rates increased. --- Adjusted EBITDA: Earning (loss) Before Interest income (expense), Taxes (from income), Depreciation and Amortization ADJUSTED for non-recurring recurring expenses, $EVGO (EVgo Inc) compensation expense and acquisition-related costs and other minor items. $NSDQ100 $TSLA (Tesla Motors, Inc.) $CHPT (Chargepoint Holdings Inc.) $EVGO