$BEEM looks like a hidden gem!
Very interesting company that seems to have gone unnoticed.
I don’t have much time, so this time I’ll just point out the basics.
To summarize:
Beam Global specializes in creating sustainable technology solutions for electric vehicle charging, outdoor advertising, and energy security. Their innovative approach avoids the complexities and expenses associated with traditional grid connections, offering a more streamlined and environmentally friendly alternative.
Beam Global’s product line is built upon their patented EV ARC and Solar Treelines, incorporating features like the BeamTrak solar tracking system and ARC Technology energy storage. These platforms provide a foundation for their integrated EV charging, outdoor media, and disaster preparedness packages. The company handles the entire process in-house, from research and development to manufacturing, focusing on renewable energy-powered products that benefit the environment and communities.
Current price: around $3.
Analyst´s ratings, in my opinion, look really bullish:
There are 3 things I like about this company.
1. They offer globally diversified products.
They are headquartered in the United States, but also in Europe, specifically Serbia (because of their very beneficial tax policies), and they offer their products on three continents.
I recommend consulting the entire corporate presentation to understand its broad and powerful diversification, since they have very interesting products and services.
The map of their Q3 2024 corporate presentation (slide 3) is quite interesting.
2. One of the best ranges of customers I have ever seen
The clients that have caught my attention the most can be found on their corporate presentation (slide 16): many of them are part of the U.S. Government, and some others to highlight are McDonalds, Google or BMW.
3. Financials + technical analysis
They have no debt and their financial information, in my opinion, is neither good nor bad (could be a little bit better though), so I think they are quite undervalued due to their client portfolio.
Finviz data looks cool:
I really like the RSI (41) and MACD indicators, and the key resistance levels I am watching are $4, $4,50 and $5.
There is a support around $2,75 that could hold really well in case it falls below $3 again.
Volume has increased considerably over the last few weeks, take a look!
I am in with around 4.000 shares.
