Just like in the sport of baseball, it’s generally better to put one foot in front of the other: get on base and move the guy on first to second and so on until you score a run. However, if you’re the San Diego Padres and you find yourself behind by 10 runs (usually to a terrible team), it’s time to swing for the fences. So, let’s talk about breakout stocks.
As the name implies, breakout stocks represent enterprises that are poised for tremendous growth. They’re eschewing most other concerns to make it big. Typically, they’re micro-capitalization plays that are trying to make some noise.
Fake it until you make it – that’s really the sentiment here. Of course, such an attitude comes with it extraordinary risks. If an enterprise was predictable, guess what? It’s probably not a small cap but a mid-tier or even blue-chip entity.
But you’re not going to get extreme growth with such ideas. For those that can truly handle the heat, below are breakout stocks to consider. Beam Global (BEEM) Based in San Diego, California, Beam Global (NASDAQ: BEEM ) falls under the solar technology ecosystem.
Recently, the company has gained a lot of attention – indeed, BEEM stock is absolutely flying – thanks to its EV ARC system. This stands for electric vehicle autonomous renewable charger. Basically, EV ARC offers a public-charging solution for the burgeoning advanced mobility space.
Why is that important? Well, as I explained in a Barchart article, the latest rumblings in .
