Hyzon Motors Inc HYZN

3 Interesting EV stocks under 10 USD to Buy

[ScandiumPower]

Shlisky also points out that Hyzon is doing the showing. He writes, “HYZN appears to be on-track with its strategy of selling fuel-cell trucks to natural early adopters, while making early investments in hydrogen infrastructure. It's a strategy we believe will work--or at the very least, may result in interest from a larger truck company. The recent deal with Geesinknorba places the company in an exclusive position with the largest waste-truck manufacturer in Europe. The Shanghai HongYun contract, which was dismissed in a recent short report as imaginary, appears instead to be very much real and with none other than Baosteel, the world's largest steel company; 29units have been delivered thus far. Most other initiatives appear to be on-track, with the supply chain the key near term risk (like the rest of the Industrial economy).”

In line with these comments, Shlisky rates Hyzon a Buy, and his $21 price target indicates room for ~231% upside potential in the year ahead

https://finance.yahoo.com/news/3-electric-vehicle-stocks-under-144641068.html