SOLO, still a bargain
Its main institutional holders include Invesco, Morgan Stanley, Goldman Sachs and Royal Bank of Canada.
Morgan Stanley Increased its position by more than 2,000% according to the latest September report.
Its models are innovative and will have more relevance as electric vehicles and smart city technology become more popular.
From my perspective, it has a potential upside of up to $1,000 in the long term if it achieves a good market share and its models become popular.
For those who don't know:
ElectraMeccanica (SOLO) "is a Canadian designer and manufacturer of ecologically efficient electric vehicles (EV) based in Vancouver, British Columbia."
Morgan Stanley Increased its position by more than 2,000% according to the latest September report.
Its models are innovative and will have more relevance as electric vehicles and smart city technology become more popular.
From my perspective, it has a potential upside of up to $1,000 in the long term if it achieves a good market share and its models become popular.
For those who don't know:
ElectraMeccanica (SOLO) "is a Canadian designer and manufacturer of ecologically efficient electric vehicles (EV) based in Vancouver, British Columbia."
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