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4 American Electric Bike Stocks to Buy

Many are turning in their gym memberships for bikes, causing investors to look for electric bike stocks to buy ahead of this growing electric bike trend.
The post 4 American Electric Bike Stocks to Buy appeared first on Investment U.

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During the COVID-19 pandemic, people were locked indoors for months on end. With limited gym access, many people started riding bikes to stay in shape. Going for a bike ride was also one of the few socially-distant ways to get out of the house. This trend resulted in a whopping 230% increase in electric bike sales during 2020. Many analysts expect this consumer behavior shift to continue for years to come. Due to this, investors are scrambling to find potential electric bike stocks to buy.

Unfortunately, pure electric bike stocks are a little tough to come by. Most bicycle brands are part of much larger conglomerates. Additionally, most of these companies are based in other countries. This means that their stock trades on foreign exchanges. When it comes to U.S. based electric bike companies, almost all of them are private. However, there are still a few potential electric bike stocks out there. Buying these can help you take advantage of this growing electric bike trend.

Let’s take a look at a few electric bike stocks to buy heading into 2022.

NOTE: I’m not a financial advisor and am just offering information and commentary. Please do your own due diligence before making any decisions.

Electric Bike Stocks to Buy

No. 4 Uber (NYSE: UBER)

Uber is most well-known for essentially creating the ridesharing business. In fact, it’s one of the few companies in the world that has turned into a verb. However, Uber’s core business is shockingly unprofitable. In 2019, it reported an impressive loss of $8.51 billion. Tough competition and political pushback have forced Uber to search for other revenue opportunities. So far, it’s had success with its Uber Eats delivery service. Now, Uber may be thinking about expanding its bike business as well.

Uber classifies as an electric bike stock because it already offers electric bike rentals. Previously, it owned Jump Bikes. However, it has since taken a 31% ownership stake in Lime. In the short term, it plans to transfer its bike division to Lime. From there, the two companies will integrate their apps together. Moving forward, there is a chance that Uber will buy Lime completely between 2022 and 2024.

Since electric bikes can be fairly pricey, many consumers may end up choosing to rent. This is especially true for consumers in urban areas. Why lug an electric bike up an apartment building when you could just rent a Lime Bike for an hour?

This electric bike stock is down 20% so far in 2021. It’s also down 1% over the past five years.

No. 3 Lyft (Nasdaq: LYFT)

When it comes to ridesharing, Uber definitely has Lyft beat. However, Lyft might actually be the preferable electric bike stock. Lyft’s bike-sharing business is fairly young but is expanding rapidly. Currently, you can find Lyft bikes in Chicago, New York City, San Francisco, Boston, Columbus, Denver, Washington D.C., Los Angeles, Minneapolis and Portland.

Lyft has expanded its program so rapidly by partnering with existing bike-sharing companies. A few of its partnerships include Citi Bike, Ford GoBike, Divvy, and Bluebikes. In San Francisco, Lyft has taken its electric bike business one step further. In June 2021, it launched its own line of electric bikes that integrate with the city’s public transportation card, Clipper. This means that SF citizens can use the same metro card for trains, buses, and (now) Lyft bikes.

Ridesharing companies are known for butting heads with the government. In the past, Uber and Lyft have tended to act first and ask questions later. This brashness generally creates a bit of tension between the companies, city governments, and citizens. However, this new partnership is a sign of maturity for Lyft. If it is successful, it could help Lyft build credibility to launch similar programs in other cities.

Lyft’s stock is down 14% so far in 2021. It’s also down 48% so far over the past five years.

No. 2 Bird (NYSE: BRDS)

This electric bike stock just recently went public in late 2021. In fact, many people might not even be aware that Bird is now a publicly-traded company. If you’re not familiar, Bird is best known for its electric scooter ridesharing business. Bird has also pioneered the phrase “micro-mobility”. Its mission is to encourage clean, car-free travel alternatives. To do this, it operates electric scooter fleets in 350 cities around the globe. Now, it’s looking to expand its business even further.

There are two reasons that Bird can be considered an electric bike stock. First, it offers an electric bike for sale on its website. The BirdBike sells for $2,299. Second, it offers Bird Bikeshare. This is Bird’s brand new electric bike-sharing business that appears similar to what Uber and Lyft offer. As it’s very new, there is very little information available about this service. However, keep in mind that Bird was one of the fastest companies to reach a $2 billion valuation. Its management team has a history of moving quickly and efficiently. If you are looking for a potential electric bike stock to buy in 2022, Bird could be a great choice.

Bird’s stock is down 8% since going public in late 2021.

Electric Bike Stocks No. 1 Harley Davidson (NYSE: HOG)

This final electric bike stock might be a little bit of a surprise. This is because Harley Davidson is one of the largest producers of gasoline-powered motorcycles. However, this motorcycle company just recently launched LiveWire, an all-electric motorcycle. Technically, this classifies Harley Davidson as an electric bike stock.

Please note that Harley Davidson plans to spinoff LiveWire into its own company. This will make LiveWire the first publicly-traded electric motorcycle company in the United States. Right now, LiveWire’s are still for sale on Harley Davison’s website. If you plan on investing, keep an eye on more news about LiveWire being spun off.

Harley Davidson decided to spinoff LiveWire mainly because the company is already going through a major turnaround to its core business. The added pressure of launching a new product line might be too much. Turning LiveWire into its own company will give it the freedom it needs to grow.

Currently, Harley Davidson forecasts sales of over 100,000 electric bikes generating. This should generate revenue of $1.77 billion in 2026. By 2030, it expects to sell about 190,000 EVs. This should generate $3 billion in revenue.

Always pay attention to cult brands

There is one reason that Harley Davidson could become a top electric bike stock to buy. This is because of the strength of its brand. This company has been around for over 100 years and has a cult following. It is considered one of the top motorcycle companies in the world. It is also one of just a few brands that you regularly see tattooed on people’s bodies. However, over the past few years, it has fallen on tough times.

Harley Davidson is a huge producer of gas-guzzling motorcycles. This traditional model has not done much to attract younger, more eco-friendly buyers. As its core demographic keeps aging, sales have slowed. A transition to electric motorcycles could be just what it needs to appeal to younger riders. If LiveWire is a success, don’t be surprised if Harley Davidson quickly becomes relevant again.

Harley Davidson’s stock is down 2% so far in 2021. It’s also down almost 40% over the past five years.

I hope that you’ve found this article valuable when it comes to learning a few of the best electric bike stocks to buy. Please base all investment decisions on your own due diligence and risk tolerance.

The post 4 American Electric Bike Stocks to Buy appeared first on Investment U.

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Moderna turns the spotlight on long Covid with new initiatives

Moderna’s latest Covid effort addresses the often-overlooked chronic condition of long Covid — and encourages vaccination to reduce risks. A digital…

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March 15, 2024

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Moderna’s latest Covid effort addresses the often-overlooked chronic condition of long Covid — and encourages vaccination to reduce risks. A digital campaign debuted Friday along with a co-sponsored event in Detroit offering free CT scans, which will also be used in ongoing long Covid research.

In a new video, a young woman describes her three-year battle with long Covid, which includes losing her job, coping with multiple debilitating symptoms and dealing with the negative effects on her family. She ends by saying, “The only way to prevent long Covid is to not get Covid” along with an on-screen message about where to find Covid-19 vaccines through the vaccines.gov website.

Kate Cronin

“Last season we saw people would get a flu shot, but they didn’t always get a Covid shot,” said Moderna’s Chief Brand Officer Kate Cronin. “People should get their flu shot, but they should also get their Covid shot. There’s no risk of long flu, but there is the risk of long-term effects of Covid.”

It’s Moderna’s “first effort to really sound the alarm,” she said, and the debut coincides with the second annual Long Covid Awareness Day.

An estimated 17.6 million Americans are living with long Covid, according to the latest CDC data. About four million of them are out of work because of the condition, resulting in an estimated $170 billion in lost wages.

While HHS anted up $45 million in grants last year to expand long Covid support initiatives along with public health campaigns, the condition is still often ignored and underfunded.

“It’s not just about the initial infection of Covid, but also if you get it multiple times, your risks goes up significantly,” Cronin said. “It’s important that people understand that.”

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Consequences Minus Truth

Consequences Minus Truth

Authored by James Howard Kunstler via Kunstler.com,

“People crave trust in others, because God is found there.”

-…

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March 15, 2024

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Consequences Minus Truth

Authored by James Howard Kunstler via Kunstler.com,

“People crave trust in others, because God is found there.”

- Dom de Bailleul

The rewards of civilization have come to seem rather trashy in these bleak days of late empire; so, why even bother pretending to be civilized? This appears to be the ethos driving our politics and culture now. But driving us where? Why, to a spectacular sort of crack-up, and at warp speed, compared to the more leisurely breakdown of past societies that arrived at a similar inflection point where Murphy’s Law replaced the rule of law.

The US Military Academy at West point decided to “upgrade” its mission statement this week by deleting the phrase Duty, Honor, Country that summarized its essential moral orientation. They replaced it with an oblique reference to “Army Values,” without spelling out what these values are, exactly, which could range from “embrace the suck” to “charlie foxtrot” to “FUBAR” — all neatly applicable to our country’s current state of perplexity and dread.

Are you feeling more confident that the US military can competently defend our country? Probably more like the opposite, because the manipulation of language is being used deliberately to turn our country inside-out and upside-down. At this point we probably could not successfully pacify a Caribbean island if we had to, and you’ve got to wonder what might happen if we have to contend with countless hostile subversive cadres who have slipped across the border with the estimated nine-million others ushered in by the government’s welcome wagon.

Momentous events await. This Monday, the Supreme Court will entertain oral arguments on the case Missouri, et al. v. Joseph R. Biden, Jr., et al. The integrity of the First Amendment hinges on the decision. Do we have freedom of speech as set forth in the Constitution? Or is it conditional on how government officials feel about some set of circumstances? At issue specifically is the government’s conduct in coercing social media companies to censor opinion in order to suppress so-called “vaccine hesitancy” and to manipulate public debate in the 2020 election. Government lawyers have argued that they were merely “communicating” with Twitter, Facebook, Google, and others about “public health disinformation and election conspiracies.”

You can reasonably suppose that this was our government’s effort to disable the truth, especially as it conflicted with its own policy and activities — from supporting BLM riots to enabling election fraud to mandating dubious vaccines. Former employees of the FBI and the CIA were directly implanted in social media companies to oversee the carrying-out of censorship orders from their old headquarters. The former general counsel (top lawyer) for the FBI, James Baker, slid unnoticed into the general counsel seat at Twitter until Elon Musk bought the company late in 2022 and flushed him out. The so-called Twitter Files uncovered by indy reporters Matt Taibbi, Michael Shellenberger, and others, produced reams of emails from FBI officials nagging Twitter execs to de-platform people and bury their dissent. You can be sure these were threats, not mere suggestions.

One of the plaintiffs joined to Missouri v. Biden is Dr. Martin Kulldorff, a biostatistician and professor at the Harvard Medical School, who opposed Covid-19 lockdowns and vaccine mandates. He was one of the authors of the open letter called The Great Barrington Declaration (October, 2020) that articulated informed medical dissent for a bamboozled public. He was fired from his job at Harvard just this past week for continuing his refusal to take the vaccine. Harvard remains among a handful of institutions that still require it, despite massive evidence that it is ineffective and hazardous. Like West Point, maybe Harvard should ditch its motto, Veritas, Latin for “truth.”

A society hostile to truth can’t possibly remain civilized, because it will also be hostile to reality. That appears to be the disposition of the people running things in the USA these days. The problem, of course, is that this is not a reality-optional world, despite the wishes of many Americans (and other peoples of Western Civ) who wish it would be.

Next up for us will be “Joe Biden’s” attempt to complete the bankruptcy of our country with $7.3-trillion proposed budget, 20 percent over the previous years spending, based on a $5-billion tax increase. Good luck making that work. New York City alone is faced with paying $387 a day for food and shelter for each of an estimated 64,800 illegal immigrants, which amounts to $9.15-billion a year. The money doesn’t exist, of course. New York can thank “Joe Biden’s” executive agencies for sticking them with this unbearable burden. It will be the end of New York City. There will be no money left for public services or cultural institutions. That’s the reality and that’s the truth.

A financial crack-up is probably the only thing short of all-out war that will get the public’s attention at this point. I wouldn’t be at all surprised if it happened next week. Historians of the future, stir-frying crickets and fiddleheads over their campfires will marvel at America’s terminal act of gluttony: managing to eat itself alive.

*  *  *

Support his blog by visiting Jim’s Patreon Page or Substack

Tyler Durden Fri, 03/15/2024 - 14:05

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One city held a mass passport-getting event

A New Orleans congressman organized a way for people to apply for their passports en masse.

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March 15, 2024

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While the number of Americans who do not have a passport has dropped steadily from more than 80% in 1990 to just over 50% now, a lack of knowledge around passport requirements still keeps a significant portion of the population away from international travel.

Over the four years that passed since the start of covid-19, passport offices have also been dealing with significant backlog due to the high numbers of people who were looking to get a passport post-pandemic. 

Related: Here is why it is (still) taking forever to get a passport

To deal with these concurrent issues, the U.S. State Department recently held a mass passport-getting event in the city of New Orleans. Called the "Passport Acceptance Event," the gathering was held at a local auditorium and invited residents of Louisiana’s 2nd Congressional District to complete a passport application on-site with the help of staff and government workers.

A passport case shows the seal featured on American passports.

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'Come apply for your passport, no appointment is required'

"Hey #LA02," Rep. Troy A. Carter Sr. (D-LA), whose office co-hosted the event alongside the city of New Orleans, wrote to his followers on Instagram  (META) . "My office is providing passport services at our #PassportAcceptance event. Come apply for your passport, no appointment is required."

More Travel:

The event was held on March 14 from 10 a.m. to 1 p.m. While it was designed for those who are already eligible for U.S. citizenship rather than as a way to help non-citizens with immigration questions, it helped those completing the application for the first time fill out forms and make sure they have the photographs and identity documents they need. The passport offices in New Orleans where one would normally have to bring already-completed forms have also been dealing with lines and would require one to book spots weeks in advance.

These are the countries with the highest-ranking passports in 2024

According to Carter Sr.'s communications team, those who submitted their passport application at the event also received expedited processing of two to three weeks (according to the State Department's website, times for regular processing are currently six to eight weeks).

While Carter Sr.'s office has not released the numbers of people who applied for a passport on March 14, photos from the event show that many took advantage of the opportunity to apply for a passport in a group setting and get expedited processing.

Every couple of months, a new ranking agency puts together a list of the most and least powerful passports in the world based on factors such as visa-free travel and opportunities for cross-border business.

In January, global citizenship and financial advisory firm Arton Capital identified United Arab Emirates as having the most powerful passport in 2024. While the United States topped the list of one such ranking in 2014, worsening relations with a number of countries as well as stricter immigration rules even as other countries have taken strides to create opportunities for investors and digital nomads caused the American passport to slip in recent years.

A UAE passport grants holders visa-free or visa-on-arrival access to 180 of the world’s 198 countries (this calculation includes disputed territories such as Kosovo and Western Sahara) while Americans currently have the same access to 151 countries.

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