Josh Brown “sales a very exciting “speculative stock” – “Store it on your radar.”
Joby Aviation Inc (NYSE: JOBY) is one of them Top 10 Stock Wall Street has been bustling lately.
Josh Brown, CEO of Ritholtz Wealth Management, recently spoke about how he was impressed with the stock performance of electric vehicle takeoff and landing aircraft company Joby Aviation Inc (NYSE: Joby). Brown recommends people keep stock on radar.
“We brought stock to the show on June 17th and took our first position, and said this wasn’t very speculative. Unfortunately, I didn’t buy it much. It’s been 104% since then. I wasn’t expecting it. They made a massive announcement in California, the leading space company.
Photo by Austin Gestell Above interpretation
Brown believes Joby Aviation Inc (NYSE: JOBY) advances in the US could be the next catalyst.
“They are conducting EVTOL trials in Dubai, where I think the government is allowing more than they can do here. So in the US they are allowing more than they can. So, in the US, the last thing they have to clear is the final FAA certification stage. That’s the next next catalyst. That’s the next next price. Radar is worth learning what they’re working on.”
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Read next: 30 stocks that double in three years and 11 Hidden AI Strains Buy Now.
Disclosure: None. This article was originally published Insider Monkey.