Stock Talk
Here are some stocks on the watch list:
Autos: Ford (F), GM, Fisker (FSR)
Chips: Microchip Tech (MCHT), Intel
Infrastructure: US Steel (X)
Banking: Bank of America (BAC), PNC
Bitcoin mining: CleanSpark Inc (CLSK)
Fisker (FSR) was an interesting new car company on the map of stocks when it was just over $20. But then the market thought better when the supply chain woes came to solid established companies like Ford and GM - and maybe the market paid up a little too much on FSR, the new player. But Fisker is a well-known name of experience and has an interesting game plan contracting Magna International and Foxconn to manufacture where Fisker will launch new stylish ev's that claim high mile ranges and sustainable materials like roof-top solar panels and seat cushions made from recycled plastic material from the ocean. Now that FSR stock has faded to the $12ish range in a corrective market, it merits at least watching. On what basis you may be asking to Spider J Jones? I will reply simply that the new Fisker prototype cars look cool, and the design is touting extended ranges, and they are taking reservations for future productions at affordable pricing to many.
As usual, I will close with the notion of maintaining dry $ powder seems like a good move in circumspect markets; especially with war and raging inflation on the table of uncertain futures.
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ALL in my humble opinion, scroll down and read more..
This site does NOT make Buy / Sell recommendations.
