Grande West Transportation Group Jumps: RichTV Explains The Next Move

Over the course of the past months, RichTV Live has emerged as one of the most popular resources on YouTube for investors. The channel published videos on a regular basis and provided investors with insights into companies, stocks and also provides recommendations. In its latest video, the channel’s analyst looked into Grande West Transportation Group Inc. (TSXV:BUS) (OTCQX:BUSXF) and the prospects of the company in general.

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On Monday, the company provided an update on its delivery numbers for the fourth quarter of 2020 as well as the first quarter of 2020. For the uninitiated, Grande West is involved in the manufacturing of multipurpose electric transit vehicles of a middling size. The vehicles are sold in Canada and the United States. The company reiterated its previous disclosure with regards to the fact that it has orders worth $40 million that it is going to deliver by June this year.

Hence, it is no wonder that the Grande West stock has come into focus at RichTV, which is well known for bringing under the radar stocks to the attention of its subscribers.

Speaking in the latest video, the analyst at the channel stated that it is a stock that he wishes to make more popular among investors. It is a well-known fact that even if a business is doing well, it is unlikely to see much action from investors if not a lot of them know about it and hence, the actions of the analyst are not surprising.

While the latest video from the company is one to watch, it is perhaps also important to point out that the analyst at RichTV had actually recommended the stock last week as well. In fact, the analyst stated that it is his top pick from among stocks involved in the electric vehicle space. That is, without a doubt, a bold claim.

However, at the same time, it cannot be denied that Grande West is currently moving forward at a steady pace and if it continues to do so then it is likely that it is going to come into the radars of many more investors. Investors could do well to perhaps add the stock to their watch lists and keep an eye on the price action.

Featured image: Pixabay

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