In a new report, Ladenburg Thalmann analyst Daniel Amir explained why he believes now is the time to be loading up on shares of Energous. Amir named several compelling reasons that Energous could be poised for big gains in the next year and a half.
4 Reasons To Buy
In the report, Amir listed four reasons Energous shares could be headed much higher in the near future:
- 1. Wireless charging could become a multi-billion dollar industry.
- 2. Energous offers the only wireless charging solution that potentially could be commercially deployed within the next 18 months.
- 3. Energous currently has a confidential agreement with a Tier 1 customer, which could mean a huge rollout of Energous-integrated products as soon as 2017.
- 4. Amir projects that Energous’ revenue will increase by sevenfold to $21.5 million by 2017.
Wireless Charging Potential
Amir believes…
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