Stocks ticked higher on better than expected jobs numbers. For June 850,000 non-farm payrolls were added in the U.S., exceeding Wall Street’s expected addition of 706,000 jobs. This is the first time that the jobs number has met or exceeded expectations in several months.
Progress towards an infrastructure agreement seems to be ramping up in Washington. A $715 billion surface transportation and water infrastructure bill was approved by the House yesterday and may be an early step towards comprehensive infrastructure legislation that Congress hopes to complete in September.
In this morning’s trade we’ll give you the name of a little known company that stands to benefit greatly from upcoming infrastructure spending. Continue reading to find out more about this stock that’s currently trading for less than $10.
Renewable chemicals and advanced biofuels company, Gevo Inc. (GEVO) may see upside thanks to the Biden administration’s push for enhanced infrastructure and cleaner energy. With the country hungry for green solutions, this provider of cleaner alternatives to petroleum-based products could do quite well.
Gevo’s liquid hydrocarbons have potential to yield net-zero greenhouse gas emissions when burned and can be used for drop-in transportation fuels such as gasoline, jet fuel and diesel fuel. A huge plus for investors with a focus on ESG.
In February, share price for GEVO rocketed, only to be knocked down. Since its February peak, GEVO is down more than 40%, causing value investors to begin to take notice again.
The current consensus is to Buy GEVO stock. The median 12-month price target of $17 represents a hefty 109% increase from its current price.
Where to invest $1,000 right now...
Before you consider buying GEVO, you'll want to see this.
Investing legend, Keith Kohl just revealed his #1 stock for 2022...
And it's not GEVO.
Jeff Bezos, Peter Thiel, and the Rockefellers are betting a colossal nine figures on this tiny company that trades publicly for $5.
Keith say’s he thinks investors will be able to turn a small $50 stake into $150,000.
Find that to be extraordinary?
Click here to watch his presentation, and decide for yourself...
But you have to act now, because a catalyst coming in a few weeks is set to take this company mainstream... And by then, it could be too late.
Click here to find out the name and ticker of Keith's #1 pick...
