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The Panic-Proof Portfolio (Stockchase Research)Fisker Inc.FSRTOP PICKJan 28, 2021

Stockchase Research Editor: Michael O'Reilly Our TOP PICK recommendation with FSR, it a bit more speculative than our normal picks. However, its time might be here as a potential disruptor in the EV space. The original Fisker Automotive company went bankrupt in 2012, but has reemerged focusing solely on EV. They plan to release a SUV in 2022 with a 300 mile range with a solar panel roof to extend that. Priced around $30,000 USD (after EV credits), it could seriously challenge Tesla. We would buy this with a $11 stop-loss, looking to achieve $21.00 -- 35% upside potential. Yield 0% (Analysts’ price target is $21.00)

The Panic-Proof Portfolio (Stockchase Research)

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$15.36

Stock price when the opinion was issued

$16.81

As of Nov 19, 2020. Market Open.

Automotive

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TOP PICK

Fisker, inc. designs and manufactures electric vehicles and mobility solutions. the company is headquartered in manhattan beach, california. Social media mentions are up 400% in the past 24h.

SELL

Likes the car, but sell the stock

RISKY

Doesn't have a lot of debt and has a good board. Has a deal with Magna. A decent spec. Could go to $5 before $10.

DON'T BUY

Super-speculative EV play. 18,000 confirmed orders for its new truck that's launching next year. Whereas GM makes 18,000 vehicles a day. Price to forward sales (28x) is more expensive than Tesla (14x), while GM is 0.5x. We'll be awash in EVs. Winter is coming for EV startups.

RISKY

He likes it. Beautiful car and they will survive. It's a good spec stock.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Jan 28/21, Down 31.6%)Stockchase Research Editor: Michael O'Reilly We are recommending to cover the balance of any holdings in FSR. Combined with the previous recommendation to cover 50% of the holding, this will result in a net investment return of 2.5%

BUY

He likes this and CCIV. Both have been hammered but will be the winners. They're the best of this breed in EVs. This will get a boost if he gets a Washington subsidy.

BUY

They have great EV technology and the best car designer in the world. Also have an asset-lite business model. They've partnered with Magna and Foxconn, two sharp companies, to build the cars. This may be undervalued.

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Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Jan 28/21, Up 36.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FSR has achieved its $21 objective. To be disciplined, we recommend covering 50% of the position and trailing up the stop to $15.50 (just above our initial recommended entry level). This would all but guarantee a minimum investment return exceeding 18%.

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