(NEW YORK)–Clean tech stocks took a hit at open following US election as Democrats failed to take over the Senate, but a clean tech infrastructure bill may still be in the cards if Biden should win.
Clean tech stocks took hit following the election as Dems failed to take over Senate, which meant fear a clean tech infrastructure would not be in the works now. But not so fast!
If Biden were to win the prospects of a clean tech infrastructure bill still looks likely as Biden would have more credibility in negotiating with GOP Senate. Biden comes from Senate, and has long history with many of the current GOP leaders, and will know how to compromise so both parties each get something they wish in any bill, and increases likelihood a deal can be done, and fast.
For these reasons, Trader Madness issued alert to its subscribers noting, “A Biden administration could be more likely to push together an infrastructure bill that both Dems and GOP could quick pass and get to his desk. It won’t be anywhere close to a ‘Green New Deal’ by any means, but clean technology is something that can easily be agreed upon in any future infrastructure package, and this remain attractive trade going forward.”
Of course votes are still being counted, but look for guidance on how GOP Senate may be willing to work with Biden Administration, and possibility for collaboration and compromise for actual bills to push through.
Clean Tech Stocks to Watch
Of course all eyes on such bigger US clean tech plays such as Tesla (TSLA), WorkHorse (WKHS), Plug Power (PLUG).
Blink Charging (BLNK) owns and operates electric vehicle (EV) charging equipment and networked EV charging stations in the United States. As electric vehicle use grows so will demand for charging stations.
Demand for Lithium
To run electric vehicles, or store energy from solar, the market will require more Lithium in large supplies.
Livent (LTHM) manufactures and sells performance lithium based batteries, specialty polymer, and chemical synthesis applications in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.
Lithium Americas (LAC), which has been a recent high flier, explores for lithium deposits. It primarily holds interests in the Cauchari-Olaroz Project located in Jujuy province of Argentina; and owns a 100% interest in the Thacker Pass lithium project located in Humboldt County in northern Nevada.
Join Trader Madness investor newsletter for awesome new trading ideas
This is NOT a solicitation to Buy or Sell any security, but rather is for informational purposes only. Content contained herein includes facts, views, opinions and recommendations of individuals and organizations deemed of interest. Trader Madness (“Trader Madness”) does not guarantee the accuracy, completeness or timeliness of, or otherwise endorse these views, opinions or recommendations, or give investment advice. Trader Madness, its affiliates, or directors, may or may not hold a position in the above security from time to time, and investors are encouraged to consider this as a possible conflict of interest when reviewing this information. In Compliance with SEC Rule 17B Trader Madness was not compensated for this alert, but may hold positions in companies mentioned on and off, and thus should be considered a conflict of interest when reviewing this information. These investments may involve a high degree of risk, thus investors are highly encouraged to consult with a financial advisor before any and all investments.
Safe Harbor Statements:
This website includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected.
Forward-Looking Statements This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
Small and Micro cap, or ‘penny stocks’, involve a high degree of risk, and we highly encourage investors to consult with a financial advisor before making any and all investment decisions when investing in these type of securities.