I believe this little-known company will be the next EV giant. Its car is faster than Ferrari's F8, McLaren's 720S and Porsche's 911 Turbo. Yet it's 100% electric. Simply put, this company could be on the verge of a HUGE run.
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And Reuters magazine calls this type of trading "the new baby boomer hobby." An anonymous trader -- living at the base of the Smoky Mountains -- just released a free report revealing a step-by-step system to generating an extra $5,000 per month in income thanks to this trading strategy. The report is free until Sunday.
After soaring throughout the pandemic, Tesla stock had its worst annual performance in history last year, dropping roughly 65%. Questions over rising competition in the electric vehicle space, coupled with recession fears, helped drive shares to a two-year low under $110 by late December. But 2023 has been a different story. Retail investors have flocked to Elon Musk's EV giant amid sustained revenue growth and record profits, helping push the company's stock up over 60% year-to-date.
In early February, Old Dominion had reported fourth-quarter profit that topped expectations but revenue that came up a bit shy. At that time, CEO Gantt said the results were produced amid many "challenges," which were primarily related to the "unexpected slowdown in the domestic economy," according to a transcript of the earnings conference call provided by AlphaSense.
DISCLAIMER: Stocks and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stocks and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this report. The past performance of any trading system or methodology is not necessarily indicative of future results. All trades, patterns, charts, systems, etc., discussed in this report are for illustrative purposes only and not to be construed as specific advisory recommendations. Information contained in this correspondence is intended for informational purposes only and was obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted.
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