ChargePoint: Infrastructure, March Auto Sales Will Turbocharge Stock

ChargePoint stock is up over 30% for the year as Wall Street digests a slew of March automotive sales data. 

Chris Versace, co-portfolio manager for Action Alerts PLUS broke down how infrastructure hopes and electric vehicle sales data drove ChargePoint higher Monday.

ChargePoint is a holding in the Action Alerts PLUS portfolio. Find out how the AAP team is approaching the stock here. 


Katherine Ross: When I looked at the Action Alerts PLUS portfolio this morning, one thing I noticed was that ChargePoint is up over 4%. It’s 10:04 AM. The stock is up about 30% in the past month. What’s fundamentally driving this name, Chris?

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