Many investors dream of betting on a low-priced penny stock that can deliver multibagger returns when its fortune improves. With a current share price of just $0.64, Nikola (NASDAQ: NKLA) seems to have that potential. But sometimes cheap stocks are cheap for a reason. Let's discuss what the next five years could have in store for this embattled electric automaker.
Open FlipInvestors often categorize companies into different buckets, like growth stocks versus dividend stocks, or large-cap companies versus small-cap companies. And while there are major differences between companies that don't pay dividends and those that do, there's an equally stark contrast between companies with complete capital return programs and those that mainly focus on dividends.
Open FlipORCHASP Q4 Results Live : ORCHASP announced their Q4 results on 02 May, 2024, revealing a significant decrease in revenue by 63.97% Year-on-Year, with the profit standing at ₹0.01 Cr. This marks a substantial improvement from the loss of ₹1.66 Cr reported in the same period last fiscal year. In comparison to the previous quarter, the revenue saw a growth of 2.44%.
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