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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (94657)10/28/2020 7:56:12 AM
From: Goose94Read Replies (2) | Respond to of 202721
 
GreenPower Motor Company (GPV-V) GREEN POWER!!

Bruce Campbell StoneCastle Investment Management portfolio manager Purpose Canadian Equity Growth Fund. Mr. Campbell recommends GreenPower Motor

Mr. Campbell says the maker of electric minivans and buses should benefit from a move to reduce the carbon footprint at places such as airports. Vancouver-based GreenPower, which has a plant in California, received a high rating for its EV Star shuttle bus from the U.S. Altoona bus-testing program to qualify for subsidies for vehicle purchases.

Mr. Campbell says it is not a concern because GreenPower is in a developing market, while one analyst report estimates that revenue could grow to $123-million in 2023. Mr. Campbell says the risk stems from management executing on its strategy and competition. GreenPower stock trades at about 10 times 2021 sales.