ESS Tech (NYSE: GWH) Quick Pick from Jim - JubakPicks.com Stock Picks скачать в хорошем качестве

ESS Tech (NYSE: GWH) Quick Pick from Jim - JubakPicks.com Stock Picks

ALERT! Go to https://www.jubakpicks.com/bear-marke... to download a free ebook guide to what to sell and when to make the biggest gains and prevent losses in this Bear Market Rally. Sign up for a paid JubakAM subscription here: https://jubakam.com/register/paid-mem... This week's Quick Pick is: ESS Tech (NYSE: GWH) (the GWH stands for "gigawatt hours.") This battery company has been around since 2011 but is very much on the horizon. So, like a lot of very far out companies in this bear market, it's been crushed. The 52 week range on this stock is $21.37 down to $2.60 and at the moment, we're down to the low end of that large range at about $3.70 on October 18. This is a great stock for dollar cost averaging for a long term investor. ESS Tech sells iron flow batteries. Flow batteries are less mobile than lithium ion batteries due to their size, but they have about 3x the capacity, with no capacity degradation over a 25 year life cycle (unlike lithium batteries which degrade with each charge). Flow batteries also don't require a specific temperature range, (lithium batteries could require heat or air conditioning), so it's got a very low cost of ownership and operation. ESS is starting to sell what it calls "energy warehouses" to utilities and recently signed a deal with Tampa Electric to support its Big Bend Solar Project. The batteries allow for energy plants to store electricity really effectively. This early stage company's revenue in the second quarter was only $686,000, not million, but they are ramping up a second manufacturing line and we're seeing sales move forward. Certainly the dollar cost average in this is for an investor with a long, long time span. Flow batteries are definitely going to be a big part of the renewable energy ecosystem, and ESS is a good pick. Jim is a seasoned stock picker with years of experience. Previously, he was the editor of Venture magazine, senior financial editor at Worth magazine, and from 1997 to 2012 senior markets editor at MSN Money. He's also the author of four books, most recently Juggling With Knives: Smart Investing in the Coming Age of Volatility. Add Jim on Social Media: TWITTER:   / jubakpicks   FACEBOOK:   / jubakpicks   INSTAGRAM:   / jubakpicks   (FREE) EBOOK: https://www.jubakpicks.com/bear-marke... Don't forget to "Like" the video (if you found it helpful), and subscribe if you haven't already! Jim #investing #stocks #techstocks #jubakpicks #volatility #money #jubakpicks