5 REASONS TO CONSIDER BROADWIND STOCK
Our partner Leo from Finance Turned Easy analyzed this next big energy stock
Broadwind Energy stock shot up more than 20% last week on the 14th! What are the forces behind the movement of this penny stock?
Leo from Finance Turned Easy is confident in the future of #BWEN. Here are 5️⃣ great tips he shared:
1️⃣ Broadwind Energy operates in the renewable energy sector, providing the materials and production for wind turbines and other heavy fabrications for industrial machines. This spot in the supply chain is great with the government funding on the way. 👀
2️⃣ Leo used Stock Card to show the expectations of the industrial and specialty industrial machinery sectors to grow in the coming years. Between now and 2025, both will likely see more than 5% growth! 💰
3️⃣ This stock is quite beaten down at the moment, although at one point it reached above $10 this year. As it trades around $2-3 currently, this provides an opportunity to pick up a promising stock at a cheap price! 📊
4️⃣ With plenty of cash on hand and a good track record of effective management, it seems that Broadwind has been able to stay on course to continue growing and returning those gains to its shareholders. It has about $4.7 million of cash on hand!
5️⃣ This is a stock with high price targets and some exciting analyst expectations. With the plans by the federal government to build wind turbines along the coast, it seems better days are ahead! Check out his analysis:
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