ChargePoint operates a portfolio of EV charging locations, which hasn't been as good a business as you might expect lately.ChargePoint (CHPT 2.69%) is at the forefront of the electric vehicle (EV) transition. It acts as something of a "picks and shovels" company, providing the charging locations that EV drivers use to keep their cars juiced up. If you're considering an investment, thinking that you want to get in on what amounts to a new type of fueling station, step back for a moment and consider these thr ...

China has only a toehold in the U.S. electric vehicle market, and this toe may now get squashed.The trading week for electric vehicle (EV) stocks started off explosively as shares of Rivian Automotive (RIVN 10.41%), Lucid Motors (LCID 6.58%), and ChargePoint Holdings (CHPT 11.77%) all moved higher Monday. Thanks for this go to the Biden administration, which is preparing to quadruple tariffs on Chinese electric cars imported into the U.S.As of 10:50 a.m. ET, shares of electric carmakers Rivian and Lucid are ...

When high-flying stocks plunge by 50% or more, there is always a temptation to consider exposure at oversold levels. There are cases of a strong rally after a big sell-off on the back of a short-squeeze or improvement in company fundamentals. However, it’s not necessarily true in all cases of big corrections. This overview is important, as I discuss EV stocks to sell in this column.With factors of competition, macroeconomic headwinds, cash burn and slow EV adoption, several EV stocks have plunged. While som ...

ChargePoint Holdings, Inc. (CHPT) closed the most recent trading day at $1.76, moving -1.12% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.13%. At the same time, the Dow added 0.08%, and the tech-heavy Nasdaq lost 0.1%.The the stock of company has fallen by 3.78% in the past month, lagging the Auto-Tires-Trucks sector's gain of 1.22% and the S&P 500's loss of 0.35%.The investment community will be paying close attention to the earnings performance of Cha ...

Like so many "good ideas", ChargePoint has a long way to go before it has built a sustainable business.ChargePoint (CHPT 9.21%) does something very important: It installs and provides services for electric vehicle (EV) charging sites. These are necessities if the world is going to shift from combustion engines to EVs. But there's one problem for investors: The company isn't profitable.Is now the time to buy ChargePoint while it remains in the red?ChargePoint has lots of pointsChargePoint has roughly 286,000 ...

Rivian, Nio, and ChargePoint could be great contrarian plays for patient investors.Many electric vehicle (EV) stocks crumbled over the past year as the market cooled off and rising interest rates compressed their valuations. But according to Precedence Research, the global EV market could still expand at a compound annual growth rate (CAGR) of 23.4% from 2024 to 2032 as EVs gradually replace gas-powered vehicles.Therefore, the recent sell-off in EV stocks might represent a golden buying opportunity for valu ...

In the latest market close, ChargePoint Holdings, Inc. (CHPT) reached $1.27, with a +0.79% movement compared to the previous day. This change lagged the S&P 500's 1.02% gain on the day. At the same time, the Dow added 0.4%, and the tech-heavy Nasdaq gained 2.03%.Shares of the company witnessed a loss of 33.68% over the previous month, trailing the performance of the Auto-Tires-Trucks sector with its loss of 6.37% and the S&P 500's loss of 3.15%.Analysts and investors alike will be keeping a close eye on the ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

The stock is in freefall and may not recover.ChargePoint's (CHPT -2.21%) has hit another all-time low today and shares don't seem to have any way to recover. In this video, Travis Hoium covers the fundamental problem with ChargePoint's operations and why options are running out.*Stock prices used were end-of-day prices of April 19, 2024. The video was published on April 22, 2024. ...

The penny stock sector, characterized by its volatility, often undergoes rapid surges and declines due to factors like low volume, cheap pricing, and operational dynamics. Still, for well-informed investors, certain penny stocks present opportunities to achieve substantial gains at low costs. This backdrop forms my list of penny stocks to buy now.Recent trends indicate a high probability of consecutive rate cuts in 2024, and lower rates tend to kickstart boom cycles for penny stocks. With rates projected to ...