Have you been considering investing in QuantumScape and other EV SPAC stocks? Watch my video first.
Bill Gates-backed electric vehicle solid-state battery company, QuantumScape (NYSE: QS), just went public via a SPAC (special purpose acquisition company) merger with Kensington Capital. Its stock popped 57% on its first day of trading post-SPACmerger. It closed at $37.00 per share.
The EV SPAC craze has been going on all year, with companies like Nikola (NASDAQ: NKLA), Hyliion (NYSE: HYLN), and Lordstown Motors (NASDAQ: RIDE), just to name a few.
In this video, I cover:
- What Is QuantumScape? Brief Overview of the Company
- The Bull Case for QuantumScape Stock
- The Bear Case for QuantumScape Stock
- Do I Plan to Invest in Quantumscape and Add It to My Ev Pure Play Portfolio?
DISCLAIMER: I'm not a financial advisor. These are my opinions and provided "as-is". It is not an offer to buy or sell securities. Read the Terms and Conditions.
So what do you think about QuantumScape and other EV stocks? Leave me a comment below. Thanks for watching.
I/we own shares in HYLN and plan to invest in QS in the next 7 days
Except for Wolves of Investing, I/we are not receiving any compensation from and do not have any business dealings with any companies whose stocks are discussed in this article/video.
Donnie Nguyen is the founder and CEO of Wolves of Investing. He started investing in the stock market in the early 2000s. He follows the teachings of Peter Lynch, Warren Buffett, and other investing legends. When he's not investing or blogging, he loves spending time with his family traveling and experiencing the world.
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