Hurricane Ida’s recent rampage through Louisiana shined a spotlight on a critical need for our tech-centric economy – backup power. And, it’s not just Ida, it’s the wildfires, sub-nautical New York, and so many other natural disasters that continue to pop up across the world.
The problem: regulators said there just wasn’t enough backup power on hand. I believe with that problem laid bare, a stock I told you about last April 2 is headed for even more upside.
The leader in the $17.4 billion market for standby power has already crushed the market since our earlier chat, but it’s not done yet.
It’s gained 36%, beating the S&P 500 by an amazing 227%.
Today, I want to show you why that’s just the beginning…
California is experiencing irony so painful that you either have to laugh or cry. It’s the center of the world’s high-tech industries and the beating heart of high-tech innovation.
And yet, when the fall fire season rolls around, we’re likely to, once again, go through a series of shutdowns to that most basic piece of technology in our everyday lives, the power grid.
This trend is getting worse every year. In 2018, there were 20,598 blackouts, that affected 19 million people, and in 2019, that number rose to 25,281 blackouts affecting 28.4 million people.
That means that this is a problem that has worked its way up to affecting almost 75% of the people in the most populated state in the union.
But the good news is that one company can help get things up and running again…and fast.
It’s a world leader in the $17.4 billion market.
So, because they do such a good turning the lights back on when they go out, it’s going to make you a lot of money…