Legendary investor Warren Buffett opines that “money is made in investing by owning good companies for long periods of time.” It’s also common across all great investors that buying activity increases when there is blood on the streets. With several stocks being severely punished in the first two quarters of 2022, I would selectively look at growth stocks to buy. Of course, the macro-economic headwinds are still not over. Inflation has been stubborn and there are fears of a recession in 2023. Ho
Oil companies are not the only firms that are benefiting tremendously from high petroleum prices. The growth of America’s electric-vehicle (EV) sector is also accelerating rapidly due to the elevated gasoline prices in the country. ChargePoint (NYSE:CHPT) stock is extremely well-positioned to benefit from this situation over the long-term, making it a great pick for long-term investors. CHPT ChargePoint Holdings, Inc. $13.09 High Gasoline Prices and U.S. EV Sales The combination of elevated gaso
Electric vehicle charging station manufacturer Chargepoint Holdings (NYSE:CHPT) has certainly come down sharply from the euphoric highs of last December. CHPT stock is now nearly 66% below those highs. The company continues to bleed cash. The last four quarters have shown losses, with more likely on the horizon. Mark Hake recently took a deep dive on the future and the financials for Chargepoint. He recommended patience before pulling the trigger, but did feel the current cash burn rate will con