Velo3D Inc (VLD)

[XFundManager]

Its recession proof !

WHY ? because they provide companies a way to manufacture their own parts .

This eliminates bottles necks in shipping, inflation, duties taxes on imports, sanctions, war, oil supplies etc..

They have a 55M backlog, their growing 200% yearly, just expanded to Europe, have close to 200M in cash.

The stock is oversold massively, primarily caused by selling due to lock period expiring, stock options expiring and margin calls.

Remember the CEO is the largest shareholder and has not sold a single share. Elon Musk has personally invested.

When the market reverses, the stock will be back above $10.00 in a few trading days !

They expect to be profitable next year. The CEO said because of the war their sales will be accelerated. By 2026 they expect to conservatively do over 1 billion in sales. 2022 they expect to be over 89M and surpass guidance.

The stock by 2026 should by worth 75-$100 by 2030 they will be worth over $350.00 !! this in accordance with a DCF future stock price simulation.

The most undervalued stock that is flying under the radar that know one knows about. They also have zero competition !

DCA all you can !