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Why I Sold ChargePoint

Why I Sold ChargePoint

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The commitment of governments and companies to go all-electric guarantees the growth of the charging industry. Furthermore, ChargePoint has first mover advantage, which makes the company a compelling long-term growth story. The stock trades at an expensive 49x forward sales multiple. My 10-year discounted cash flow model gives a reasonable price range in which ChargePoint might be a buy.

...read full article on Seeking Alpha

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