Beyond Canoo: A Pick-and-Shovel Play on the Growth of EVs and Mexico
Investor interest in Canoo (NASDAQ: GOEV) continues to remain high, despite serious financial troubles that have it on the cusp of bankruptcy. In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss Ternium (NYSE: TX), a "pick-and-shovel" way to invest in the future of EVs, supply chain expansion, industrial demand, and construction in North America. Canoo and other start-ups might seem like a fun way to invest, but if you're looking to build wealth, you'll want to give this video a watch.
*Stock prices used were from the afternoon of Dec. 5, 2023. The video was published on Dec 12, 2023.
Source Fool.com
Ternium S.A. ADR Stock
€39.40
-1.490%
Currently there is a rather positive sentiment for Ternium S.A. ADR with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 47 € shows a slightly positive potential of 19.29% compared to the current price of 39.4 € for Ternium S.A. ADR.
