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Is this “Mini-Tesla” Ready to Run? 🚗
Strong action lately...
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TODAY’S TOP ALERT!
Nasdaq: AYRO
⏰ Set a reminder to join me LIVE @ 11am EST today as I review my top trading ideas for the week in the Market Master’s trading room
Good morning, ladies and gents.
Start your engines, and welcome to another trading week! 🏁
We’re on the eve of the Fed’s two-day meeting, and like everyone else, I’m expecting another quarter-point cut…
At the same time, I think we’ll get a less rosy forecast for future cuts given how stubborn inflation has been lately.
I don’t think we’ll see any huge moves in the markets until Powell’s presser on Wednesday, so until then I’m focused on stocks that do have momentum right now.
Even though the major indexes were essentially flat on Friday, one stock stood out to me…
Go ahead and check out the chart for Ayro, Inc. (AYRO).
You’ll see that the stock is at about the same level now as it was six months ago, but that it has had some nice rallies in between.
Pay attention to the 5-minute chart over the last few days.
You’ll see that the stock has been quietly building strength with considerable volume over the past few days.
It had a nice runup on Wednesday, and then Thursday morning, the company released great news (more on that below), and the stock price soared at the open.
What appears to have happened then was a big, quick profit-taking.
Investors then bought the dip all day until just before the close, when there was another quick selloff.
Impressively, on Friday, investors again bought the dip, sending the stock price soaring 25% on the day, even as the broader markets were flat.
I think it is very important to keep a close eye on $.90 level for AYRO which has been resistance over the past few days.
If that can break, then AYRO might have a real shot to make a big move.
Conversely, if the stock looks like it will close under $.70, this bull trend might be coming to an end.
As of this writing, we’re seeing more positive movement in the pre-market, and the TipRanks 1-hour technical indicators are flashing “Strong Buy” on the stock:
I love to see this level of confidence in a company, and I see every reason to believe this momentum will continue today…
No guarantees, naturally, but after looking into it, I can see why investors were willing to buy up the dips so quickly.
AYRO was founded in 2017 and is headquartered in my old home state of Texas.
It says it “designs and produces zero emission vehicles and systems that redefine the very nature of sustainability” with a goal “to craft solutions in a way that leaves minimal impact on not only carbon emissions, but the space itself.”
AYRO is especially focused on low-speed electric vehicles (LSEVs), which are 4-wheeled vehicles that travel up to speeds of 25 mph and are legal on most public roads with speed limits up to 35 mph.
These vehicles are ideal for places such as government, corporate, or medical campuses, as well as stadiums, arenas, golf courses, and resorts.
The company notes that the LSEV space today is largely an outgrowth of golf carts, and so is characterized by low quality, low performance, and ugliness.
By contrast, it is bringing “an automotive-grade, highly stylized, technically competent, performance vehicle into a space today dominated by very low-end commodity products.”
In 2022, the company launched its first vehicle, the AYRO Vanish, which it describes as the “Swiss Army Knife” of LSEVs whose “capabilities are endless.”
The Vanish “is a purpose-built, innovative, and highly customizable LSEV unlike any other on the market to support campus mobility, last-mile delivery and micro-distribution needs.”
AYRO Vanish
The whisper-quiet vehicle has a 50+ mile range under most conditions, and depending on configuration, it has a payload of either 1,200 or 1,800 lbs.
With its significant payload but low profile, it bridges the gap between a pickup truck and a golf cart.
The Vanish is available in a number of configurations, allowing customers to “meet a multitude of demands without needing multiple vehicle types.”
By having a number of models all with identical chassis, subsystems, and components, the Vanish allows for “logistical streamlining and minimizing total cost of ownership.”
I highly recommend watching AYRO’s five-minute corporate documentary on YouTube to get a good feel of the company and especially the Vanish itself.
Last year, Frost & Sullivan awarded the vehicle the New Product Innovation Award, which “recognizes companies that offer a new product or solution that uniquely addresses key customer challenges by developing an innovative product by leveraging leading-edge technologies.”
The Vanish also received the Red Dot Award: Product Design, “an award bestowed upon the best products from around the world.”
AYRO began low-rate initial production of the Vanish in Q4 2023 and received its first 40-unit fleet order that December.
The customer — a Fortune 100 company — plans to use the vehicles on its campus “for operations, landscaping, maintenance, material handling and more."
In January, the company received its first US government order for an embassy located in South Asia.
The company said the order “highlights the value a whisper quiet, high payload utility vehicle brings to an environment where noise is a principal liability.”
Later that month, AYRO showcased its vehicles at the PGA Show in Orlando, Florida. You can catch a cool recap video of AYRO at the event here.
Just two weeks ago, the company announced a partnership has partnered with GLV Ventures “to redesign the Vanish vehicle to produce a more viable vehicle using lower-cost production and engineering methods, while also ensuring that the vehicle is made in America at GLV's Beeville, Texas manufacturing facility.”
AYRO said its “principal objective is to leverage this relationship to secure additional partnerships and drive new orders.”
And then, just last Thursday, AYRO announced that “it has been named a tier one supplier for General Motors (GM) through its partnership with GLV Ventures.”
The companies “intend to supply GM as part of an increase in scope of their previously announced low-cost manufacturing and engineering efforts.”
AYRO's executive chairman, John Silverman, said this marked “a significant accomplishment” that “favorably positions AYRO to work with one of the largest auto manufacturers in the world.”
As you do your own research on this innovative company, I recommend checking out this promo video to get a good feel for the company, as well as this investor presentation and this company website.
And of course, always approach your trading in a responsible manner, remembering that trading is very risky. Nothing is ever guaranteed, so never trade with more than you can afford to lose.
Please read the full disclaimer at the bottom of this email as well so you are aware of additional risks and considerations. Always have a well-thought-out game plan that takes your personal risk tolerance into consideration.
Bottom line: I love the enthusiasm investors showed toward AYRO late last week, even as the major indexes were flat.
Its 25% surge on Friday may be only the beginning, as pre-market activity and TipRanks’ indicators suggest.
Be sure to track this stock closely today to see if it continues making big waves! 🌊
To Your Success,
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*Just so you know, what you're reading is curated content for which we have received a monetary fee (detailed below) to create and distribute. Let's be clear that investing can be quite the roller coaster as stock prices can have wild swings up and down, so consider those crucial risks before you ever consider trading anything we discuss. Make sure you check out our full disclosure down below for the details on how we were paid, the risks, and why these results aren't what you'd call “typical.”
Just a quick heads up about this ad you're reading—as we’ve said, even though we like the company referenced above, and all the facts we discussed above are true to the best of our knowledge, we are running a business here. To distribute this information and help offset the costs of maintaining our large digital audience, in advance of writing the content above, we received twenty five thousand dollars (cash) from Legends Media for advertising Ayro, Inc for a one day marketing program on December 16, 2024. This was paid by someone else not connected to Ayro, Inc. It might be obvious, but whoever paid for this might own shares and is likely looking to sell some or all of them at any time after we send out this information, which might affect the stock price. We may also buy or sell shares in the company at some point in the future, although neither RagingBull nor its owners own any shares of the company at this time. Also, keep in mind that due to the sheer size of our audience, if even a small percentage of people decide they want to buy this stock, it could potentially boost interest enough to hike up those share prices and cause a temporary spike, and the opposite is possible as our program ends, though that is not always the case.
Now, diving right into Ayro, Inc might sound exciting. But remember, it’s like venturing into the wilderness—be aware that there's exceptional risk involved in trading. This isn't small potatoes we're talking about; you could lose every dime you put in, so always carefully think about what you’re doing. That’s why they call this trading, after all. We're shining a light on the good stuff about the company here, but it's on you to do your homework, make your own calls, and determine a plan for your own trading, hopefully with the help of your professional 1nvestment advis0r.
Oh, that brings us to another crucial point—we're not here to tell you (or even recommend) what you should do with your hard-earned money. We’re simply sharing our non-expert thoughts by highlighting some companies we like that could use some help telling their story to more people. We’re obviously biased in our writing. We’re not here to dig into anything that may be negative about the company; this is advertising, after all! Also, keep in mind that if we make some predictions about the future, these are technically known as “forward-L00king statements” under the securities acts, so take those with a grain of salt. As with all forecasts, they’re not set in stone, often wrong, and we certainly can’t know where the Company’s earnings, business, or share price will be tomorrow or a year from now.
Everything you read from us is all for your education, information, and possible entertainment. While we believe the info is reliable and accurate, we can't wear a cape and guarantee it. Before you jump into anything, make sure to talk it over with a pro—someone you trust who's licensed to give you real advice. To be clear,
Neither Raging Bull nor its owners, employees, or independent contractors are registered as a secur1.ties br0ker-deale.r, br0ker, 1nvest.ment advis0r (IA), or IA rep’s with the SEC, any state securities regulat0ry auth.ority, or any self-regulat0ry organization.
So, that's the scoop! If you're intrigued and want to learn more about the companies we talk about, hit up the SEC's website to dig into their filings and see the full picture.