How an electric surfboard company could float into a $100M business

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Brunswick (BC) had its media day, showcasing their new boats and power technology at Chelsea Piers in New York City. One of their recent acquisitions is a company called Fliteboard. The company manufactures 'eFoils', an electric-powered board that uses a battery and propeller to create smooth movement on the water. Yahoo Finance Senior Reporter Pras Subramanian joins to discuss what he saw out in the water and how the exciting new technology could transform into a profitable business.

Hedge funds ditched energy stocks last week for the first time in three weeks, despite a rally in oil prices triggered by the prospect of a widening supply deficit, Goldman Sachs said in a report. The move, according to the bank's prime brokerage unit, was mainly led by short sales, meaning that hedge funds were speculating on a decline in energy stocks' prices.

Goldman Sachs, as one of the biggest providers of lending and trading services to investors through its prime brokerage unit, is able to track hedge funds' investment trends.These two growth stocks trade ultra-cheap and have major growth potential, making them two of the best stocks you can buy today. The post 2 Bargain Stocks You Can Buy Today and Hold Forever appeared first on The Motley Fool Canada.

 

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