7 Growth Stocks That Will Be Big Winners in 2023
InvestorPlaceGrowth stocks have had a difficult time of it lately, but there looks to be a comeback brewing. After a tumultuous bear market in 2022, investors are eager for a more stable year.
Last price update: 20 Nov 24 23:00 GMT
ChargePoint Holdings, Inc. provides electric vehicle (EV) charging networks and charging solutions in the United States and internationally. It offers a portfolio of hardware, software, and services for commercial, fleet, and residential customers. The company was founded in 2007 and is headquartered in Campbell, California.
Growth stocks have had a difficult time of it lately, but there looks to be a comeback brewing. After a tumultuous bear market in 2022, investors are eager for a more stable year.
Recently, Shell USA made a game-changing move by announcing its acquisition of Volta, an EV charging player struggling to stay afloat. Will Shell's acquisition of Volta shake up the EV charging industry and threaten ChargePoint's dominance?
Global leaders want millions of electric vehicles on the road by 2030. President Biden, for example, wants 50% of all new autos sold in the U.S. to be electric vehicles by 2030.
The last three years have gone from being a market where valuation of growth stocks didn't matter to a market where investors are hesitant to buy growth stocks with exceptional valuations. So, I want to clearly explain my methodology for finding the stocks for this list.
As much as the market loves electric vehicle upstart Mullen Automotive (NASDAQ: MULN ), investors – even those focused on speculative trades – should realize that other, arguably more compelling stocks to buy exist. Don't get me wrong, I love Mullen, too.
Campbell, calif. ( business wire ) chargepoint holdings, inc. ( nyse chpt), a leading electric vehicle ( ev) charging network, and stem ( nyse stem), a global leader in ai driven clean energy solutions and services, announced an agreement to accelerate the deployment of ev charging and battery storage solutions for highway corridor dc fast charging and other ev charging applications like fleet charging. by combining ev charging with battery storage and ai driven energy management, ev site hosts can benefit from lower operating costs and added energy resiliency.
Campbell, calif. & plano, texas ( business wire ) chargepoint holdings, inc. ( nyse chpt), a leading electric vehicle ( ev) charging network, today announced a new agreement with lexus to enable drivers of lexus' all electric rz 450 e crossover with access to chargepoint' s industry leading home and public charging solutions.
Las vegas & campbell, calif. ( business wire ) chargepoint holdings, inc. ( nyse chpt), a leading electric vehicle ( ev) charging provider, mercedes benz and mn8 energy, one of the largest u. s. solar, stationary power and renewable energy providers, today announced plans to rapidly expand the availability of dc fast charging with the development of over 400 charging hubs across the u. s. and canada. powered by the chargepoint network, the mercedes benz charging hubs will be in key cities and urban population centers, along major highway corridors and close to convenient retail and service DES tinations.
San juan, puerto rico ( business wire ) linse capital, a san juan, puerto rico headquartered growth equity firm, today announced the successful close of 700 million in capital raised. the capital will be allocated across the firm' s flagship fund –– linse capital fund i ( lcfi) –– alongside two co investment vehicles for portfolio companies skydio and verkada.
Phoenix , nov. 8, 2022 prnewswire nikola corporation ( nasdaq nkla), a global leader in zero emissions transportation and energy supply and infrastructure solutions, and chargepoint holdings, inc. ( nyse chpt), a leading electric vehicle ( ev) charging network, today announced a partnership to accelerate the deployment of electric vehicle charging infrastructure for fleets across the u. s. the collaboration will enable nikola and the nikola sales and service dealer network to resell chargepoint' s comprehensive portfolio of charging infrastructure and SOF tware solutions to its fleet customers, ensuring a solid technology interface and integrated sales approach between the two companies. " by having complete access to the entire chargepoint product line to support all aspects of the nikola business model, our sales and service dealer network will be able to reduce the time required to DES ign, procure and construct both small and large scale charging infrastructure projects for our customers," said nikola president, commercial pablo koziner.
Campbell, calif. ( business wire) chargepoint ( nyse chpt), a leading electric vehicle charging network, today announced that president and chief executive officer pasquale ROM ano has been appointed to serve as a member of the NAT ional infrastructure advisory council ( niac). established in 2001, NAT ional infrastructure advisory council ( niac) comprises executive leaders from the private sector, as well as state and local government, responsible for operating the critical infrastructure ESS entia
Campbell, calif. ( business wire) chargepoint holdings, inc. ( nyse chpt) (“ chargepoint”), a leading electric vehicle ( ev) charging network, today reported results for its second quarter of fiscal 2023 ended july 31, 2022. “ chargepoint delivered another strong quarter, with continued growth across all verticals and geographies,” said pasquale ROM ano, president and ceo of chargepoint. “ we continue to execute on our strategy, as demand continues to grow for our portfolio of industry leading charg
Campbell, calif. ( business wire) chargepoint ( nyse chpt), a leading electric vehicle ( ev) charging network, today announced that rebecca chavez, general counsel and corporate secretary, has been recognized among this year' s women of influence by the silicon valley business journal. the annual list recognizes women across the region who have made a positive impact on silicon valley. this year 100 of the area' s top female leaders across the private, public and nonprofit sectors were recognized