Why Blink Charging Is a Boom-or-Bust Stock
It's not uncommon for a company to be labeled as a "story stock" by market observers. This usually happens when investors are buying into a story about the future of a company that has yet to be built and has immature financial results.
In the case of Blink Charging (NASDAQ: BLNK), the stock itself is the story. Investors know the company is building a charging network, and that's a very real business (albeit small). But if you're investing in Blink Charging today, you're betting it can use its stock to build a massive electric vehicle (EV) charging network, and that's a risky bet long term.
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Source Fool.com
