Buy Finia as a Hedge Against a Slower EV Transition
-5.59%current return
"Buy Finia if you don\'t want your portfolio to tank when Tesla goes bankrupt. ... It\'s a great way to hedge your portfolio, not just against Tesla, but the whole EV transition which is not happening as fast as some expect."
— SPEAKER_01
A direct trade call recommending Finia (ticker assumed as PHIN) is made as a hedge against an over-hyped EV transition. The speaker argues that Finia, spun off from BorgWarner and focused on legacy ICE parts and emerging hydrogen and software enhancements, can serve as a counterbalance in portfolios if the transition to electric vehicles slows down.
High ConvictionScore: 7.6
Stock Idea •Motley Fool Money • about 1 month ago