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Is Blink Charging Stock a Buy?

TheMotleyFool

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A robust charging infrastructure is a prerequisite to fuel electric vehicle (EV) growth. That explains the rapid growth in the revenue of EV charging companies such as Blink Charging (NASDAQ: BLNK). So, does the strong revenue growth make Blink Charging stock a buy?

Blink Charging reported revenue of $9.8 million in the first quarter, up 339% over the same quarter last year. The company's strong revenue growth is driven by growth in the number of chargers it sold or deployed.

Image source: Blink Charging.

Source Fool.com

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