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Trading Ideas

Is ChargePoint (CHPT) Stock a Value Investment?

CHPT stock is off and running in what many investors consider to be a big year ahead for the electric vehicle sector. ChargePoint (NYSE: CHPT) has eye-popping revenue forecasts as one of the most prominent EV charging companies. However, is this innovative company a value play in the stock market?

CHPT Stock Overview
ChargePoint was founded in 2007 out of Campbell, California. But it didn’t begin making headlines until the electric vehicle boom. In 2017, the business took over 9,800 electric vehicle charging spots for General Electric (NYSE: GE).
Now, ChargePoint maintains over 114,000 charging stations across Mexico, Australia, Canada and the United …read more […]