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April 18, 2005

SpeculatingStocks.com Stock Pick: ZAP (ZAPZ)

Stock Price: $2.88 (short-term strong buy)


ZAP stands for zero air pollution. The company has been leading the industry to create cleaner transportation technologies since 1994 by delivering more than 85,000 vehicles to customers in more than 60 countries. Vehicles include cars, bicycles, scooters, motorbikes, and underwater scooters.

ZAPZ is similar to HYBT which we released as a stock pick on April 7th. Both ZAPZ and HYBT engineer and manufacture zero emission cars. As oil continues to stay at elevated levels and people start to switch to battery powered cars, both ZAPZ and HYBT will trend higher. They have great technology and vision and should both move onto the Nasdaq in the future.

The difference between HYBT and ZAPZ is that ZAPZ is already selling their cars. ZAPZ recently passed the half million dollar threshold in SMARTCAR purchases from US Auto Dealers.

ZAPZ is in a comfortable range right now where it should not be too risky to accumulate for another run higher.

SpeculatingStocks.com Target Price: $4.00 is not out of the question within the next 1-2 months.

 
     
 
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