Beam Global (BEEM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
With more people buying electric vehicles, there's been substantial demand for accessible EV charging stations. While we aren't near the 500,000 EV charging stations the Biden Administration wants installed, we are seeing investments from public and private institutions.
Thanks to government initiatives, increasing electric vehicle (EV) adoption and significant investments in charging infrastructure, EV charging stocks will continue to rank high in most portfolios. The worldwide number of EV charging stations is expected to increase to over 40 million by 2030.
Just like in the sport of baseball, it's generally better to put one foot in front of the other: get on base and move the guy on first to second and so on until you score a run. However, if you're the San Diego Padres and you find yourself behind by 10 runs (usually to a terrible team), it's time to swing for the fences.
Renewable energy is on its way to replacing fossil fuels. Many economies are transitioning to green energy sources, and the United Nations COP28 Summit has encouraged more countries to commit to the cause.
I don't care how you want to phrase it: penny stocks to buy are risky. If you take a hard swing at the bat, sometimes, you'll launch the ball out of the park.
It's time to revisit some of the top EV charging stocks to buy on the dip. All of this is happening as electric vehicle sales start to accelerate again.
Building out a charging infrastructure is critical as governments across the world push to make electric vehicles (EVs) the alternative and in fact, the replacement for internal combustion engine (ICE) vehicles. That's why many investors are looking at EV charging stocks to buy.
Beam Global (NASDAQ:BEEM ) Q1 2024 Earnings Conference Call May 21, 2024 4:30 PM ET Company Participants Lisa Potok - CFO Desmond Wheatley - President, CEO and Chairman Conference Call Participants Sameer Joshi - HC Wainwright Tate Sullivan - Maxim Group Chris Pierce - Needham and Company Noel Parks - Tuohy Brothers Christopher Souther - B. Riley Operator Hello and welcome to the Beam Global First Quarter 2024 Operating Results Conference Call.