The No. 1 AI Stock of 2024 (Not Nvidia)
It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.
About Workhorse Group Inc
Workhorse Group Inc., a technology company, designs, manufactures, builds, and sells battery-electric vehicles and aircraft in the United States. The company also develops cloud-based and real-time telematics performance monitoring systems that enable fleet operators to optimize energy and route efficiency. It offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.
General
| Name | Workhorse Group Inc |
| Ticker | WKHS |
| Exchange | NASDAQ |
| Sector | Consumer Cyclical |
| Industry | Auto Manufacturers |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 130 |
Highlights
| Analyst Target | 19.40 |
| Market Cap | 1,990,299,136 |
| EBITDA | 282,940,416 |
Share Stats
| Shares Outstanding | 123,506,000 |
| Shares Float | 115,227,843 |
| Shares Short | 28,205,819 |
| Insider Holdings | 887% |
| Institution Holdings | 33.21% |
Highlights
| Analyst Target | 19.40 |
| Market Cap | 1,990,299,136 |
| EBITDA | 282,940,416 |
Valuation
| Trailing PE | 23.02 |
| Price/Sales (Trailing 12 Mt.) | 1,256.09 |
| Price/Book (Most Recent Quarter) | 5.47 |
Earnings
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