Actions of Canou (NASDAQ:GOEV) have struggled lately as the company is short on cash, but there is potential for growth ahead. Vehicle shipments have begun and funding is coming from a variety of sources.
In this video, Travis Hoium covers the risks and rewards of Canoo, which has a chance to become one of the most successful electric vehicle (EV) stocks in 2024.
*Stock prices used are closing prices on January 9, 2023. The video was published on January 9, 2024.
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Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the securities mentioned. The Mad Motley has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe via their link, they will earn extra money to support their channel. Their opinions remain their own and are not affected by The Motley Fool.
Why Canoo could be a 10X title in the making was originally published by The Motley Fool
