 Today, I've got an incredible stock for you today. I've done some research. Let's go into it This is a zero point zero three two renewable stock that is in a two hundred and thirty three billion dollar Industry will go through it in this video and all the research related to it again a high-risk high reward penny stock But one that's in a massive growing industry that's only set to grow even further will go through it in this video I've got to say I'm not a financial advisor. I'm a business teacher on my daily life But I'm by no means an expert on the stock market and if you appreciate me bringing these videos to you Smash that like button. It really does help out the channel. Let's get right into the information now Why do I like this stock? So first of all as I said, it's a growing industry It's also got some fantastic products Which I'll go into and an interesting process that is integrated together and also there is some Massive upside with it being such a cheap penny stock Let's get into some further information as to why I like the penny stock and the specifics and also there's pricing strategy for this Stay right to the end of the video so you can hear the full approach to this penny stock now some investor highlights This is expected to reach a 223 billion dollar industry by 2026 so this is x exponentially a Growing market and even by 2026 it reaches 223 billion It could go even further because this is a massively expanding market It's significant government support in this particular industry because it's in the renewable sector so there's a lot of Tax credits and subsidies going on especially with Biden's policies going forward Creating policies that are renewable policies that is only going to seek to benefit renewable companies It's also got upcoming value-driving milestones So it's going to plan grow through acquisitions and partnerships and expanding its sales As well and it's going to have high-value renewable platform It's also a scalable model. So they're expanding from 10 to 38 states I'm going to give you my view my opinion on this stock where I think it's a good one a bad one and I think you can tell I do quite like this one so far. It's expanded from 10 to 38 states Now before we go into this penny stock even favor with some more information Do smash that like button because I want to get this into the YouTube set results And as we get it up into the YouTube set results We obtain more subscribers and welcome if you knew do feel free to subscribe if you found this on the YouTube home or the Recommendations but smash that like button so it gets into those recommendations and YouTube home It really does help out the channel and I thank everybody for all the support We're trying to grow from 11,611 subscribers to 15,000 subscribers by the end of next month So if you can help on that objective in any way then that's much appreciated and of course comment down below What's your thoughts on the stock? Do you like the stock? Do you not like the stock? Let us hear some of your due diligence on the stock down below and smash the notification bell as well So you never miss a new video. I'm gonna get right back into the information just to respect your time. That's enough waffling Let's get on with it. Now the one we're talking about today is called single point now They provide renewable energy solutions to consumers and small commercial businesses Okay, so they're involved in this renewable sector and fast-growing Emerging sector where there's a lot of money to be made as well Let's be honest and that's what we like as investors single point. This particular penny stock is more unknown So you have to look around at different brokerages to try and find this one But it's one that's got massive potential. So this one's at zero point zero three two the ticker symbol is s-i-n-g and The company's called single point. It's got a market cap of 87 million It's had a 52 week high which wasn't so long ago of zero point zero eight nine It popped around the ninth and it's come down here to more reasonable levels of zero point zero three two You know, it may drop a bit further. I'm going to talk about the price Strategy in the future. Let's just go into some more information Now so what are they? What what is the company actually focused on and what is it that they fully do? Let's think about this. So it's a company Focused on providing renewable energy solutions to consumers and small commercial businesses Single point is committed to building the largest network of renewable solutions and modernizing the traditional model So it's not just that they're a renewable company because again just because it's renewable doesn't mean it's going to succeed There's going to be a lot of renewable companies that prop up That are not going to be successful many will be but some weren't and you know Thinking about it beyond that. It's it's the strategy with the company It's the business model with a company that's going to help them succeed Just because it's renewable doesn't mean it's going to succeed or just because it's electric vehicle doesn't mean it's going to succeed or Just because it's in these growing industries and I'm talking about in businesses in general now, right? It's behind the actual fundamentals of the business and their strategy. Okay, so it's very easy to kind of look Oh a renewable stock. This is going to do. Well, no You've got to look into detail about these stops to think what is the potential within their business model and strategy And that's what we're going through in this video. If you like that smash the like button Let's go into it. So first of all what they've got they've got direct solar of America Okay direct solar of America So what they've got produce clean energy convert sunlight into power or your residential or commercial property Save money save energy and receive more predictable energy costs energy costs can skyrocket as much as 300 percent during peak months and hours Solar will reduce your need for one grid electricity and provide savings for your home and business So this is a solar power systems and there is a lot of solar power companies out there So what makes this one unique? So interestingly enough, they've also got another aspect which is some SMS Marketing solutions as well. So with whilst being a renewable company They're actually involved in marketing which is really good to me because if they're going to increase their sales Marketing is important. So if they've got that expertise in this division, this could be useful So they've got high open rate cross device use daily instantaneous and this is in terms of SMS marketing Which is brilliant. It's another division as part of their company They've also got payment processing needs as well. So they're involved potentially in the fintech sector in that sense as well So it's got payment solutions. Every business is unique Single-point solutions are designed to meet your specific needs from restaurants to gas stations and e-commerce stores We are here to work with you on designing the solution that fits you best So they're involved in the fintech industry Now another point is with this particular company is that they're growing and expanding massively So according to their presentation They're now available in 38 states and this is growing even further and again I'm just taking a couple of screenshots from the presentation You can go on the website and see the full information for yourself But they're in 38 states and growing so that to me shows that they have got a massive wide appeal For their products which is good to see because we're all about Businesses that can scale because ultimately that's going to lead to revenue and profitability Now another interesting area that they've got in this company is energy energy wise Which is a database of validated leads a robust digital marketing campaigns Operates on standby for immediate callback and focused on enhanced customer experience So they've got this nailed down when it comes to marketing Okay, it's all good having a fantastic product But if you don't know how to market it it doesn't matter So the fact that they understand the importance of marketing and they've got solutions for this is really promising to me And it just goes to sure having this when they actually why why because they've expanded It's important because they've expanded the what they're in as they say 38 states so if they've expanded they're expanded based upon They're marketing because they're getting more people knowing about the products and then the selling more So again thinking about this is another division as part of it But again, it's a company that really understands marketing In that sense and I've got to say for a penny stock that's at this price really low price Their information on their website is quite good and it's very well presented. It has to be said So if that's how they present their products to the customers In that sense, you know, but obviously in a different way then I can see the potential as to why they're doing very well Now so what do they have they've got reported revenue of one million dollars by Q3 first nine months of 2020 The revenue of 2.5 million first months of 2020 Operational expenses reduced by 2.8 million They're going to reduce looking at reducing the debt and the first nine months of 2020 growth profit actually increased 15% So that's in terms of some of the information on their financial Overview and ultimately they're looking at growing the revenue reducing the debt that they have and Obviously expanding and scaling up Into different areas and becoming more well known as one of these providers of these renewable solutions now Interesting news We've got single point here this on CNN business and again you take this with a pinch of salt Okay, because it's only one analyst But one analyst has a price target of zero point zero six which is an increase of eighty two point nine three percent Now again Take it with a pinch of salt because analysts are not always correct and this is just one There's only one on CNN business so bear that in mind now what I would say is We've seen it time and time again before The stocks blur past analyst Expectations and because of the industry this is in because of their understanding of marketing I think that this could be one of them that blurs past Analyst expectations. Let's go into that now. So the current price is at zero point zero three two in the long term I have this as a potential to five to ten X in the long term So I'm talking two three years. This could five to ten X I think in the medium term within the next sort of three to six months We could see this double as well So I do think it could get back up to close to these 52 week highs as it had up here in a couple of months But uh, well within the next of two to twelve months, right? But in the long term I could see this five to ten X in because of the massive industry that it's in Because they understand the marketing Because they're in creating products that are high in demand as well. Really these products that people need. Okay Which is really important. So zero point zero three two and of course Biden and the the you know the Political situation that it's in in terms of they've got preferential kind of treatment in a way in terms of the renewable industry Rightfully so right but you know, that's good for the company as well So what I would say is if you can catch this on a dip and it has been on a dip already from zero point zero eight nine Down to zero point zero three two So if you can catch this at this kind of low zero point zero two five Zero point zero three two level. I think it's a possible buying opportunity to then run this up to much Favourite levels. So that's what I would say in terms of this stock Do smash that like button if you found this video interesting or useful or entertaining or whatever in any sort of way Then smash the like button to support the channel get it up into the YouTube search results So more people see the videos and let's try and work towards that 15,000 subscriber go and Again, remember you can join the stock club by hitting the join button down below Thanks for watching the video smash the like button subscribe comment down below. I'll see everybody later