DISTORTION REPORT

The #1 Stock for America's

Great Distortion
10x Gains on a Small Firm Disrupting
a Critical American Industry
SPECIAL REPORT 2022
The #1 Stock for America’s Great Distortion
10x Gains on a Small Firm Disrupting a Critical American Industry
BY NOMI PRINS, EDITOR,
DISTORTION REPORT
The world we grew up with is gone.
Ten years from now, we’ll look back and realize
nearly every industry has been fundamentally
reshaped. Distorted like nothing we’ve ever seen
before.
I’ve gone down every rabbit hole to follow the
money on Wall Street and in Washington, D.C. for
decades...
I’ve traveled tens of thousands of miles… from
Berlin to Shanghai… from Sao Paulo to Tokyo…
All to get the pulse of the global economy and what
it means to ordinary people and their money.
I’ve met with government leaders and financial
movers and shakers… all while writing seven
books on economics, history, the stock market, and
Wall Street.
And what I’ve learned is this…
This transformation will lead to the biggest transfer
of wealth in history.
$150 trillion, to be exact, according to U.S. Treasury
Secretary Janet Yellen. Yellen said we’re about to see:
...a global transition for which we have an
estimated price tag between $100 and $150
trillion over the next three decades.
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And Bank of America reported: “Tech, economy and
markets meet to solve a $150tn crisis.”
As this transfer unfolds, you can either use it to
grow your wealth…
Or you can ignore it… hope for a “return to
normal”… and risk missing out on this historic
wealth-building opportunity.
The choice is yours.
Most Americans – those who choose to ignore my
warning… or, even worse, those who see it and fail to
prepare…
They may never be able to forgive themselves for
missing out.
But if you make the right moves today, you could set
yourself up for the retirement of your dreams.
In this special report, I’ll show you my favorite way
to profit from this $150 trillion wealth transfer.
But first, you need to understand the major trend
behind it all.
MAKE-OR-BREAK MOMENT
FOR INVESTORS
Over the past five decades, the financial world has
drifted from reality.
We started on this path in 1971, when Richard Nixon
cut the dollar’s last ties to gold. Since then, the
markets have become more and more disconnected
from the real economy.
 DISTORTION REPORT

The nearby chart puts this in

perspective. You can see how
productivity and wages have drifted
apart since the 1970s. In other
words, life has been getting harder
for most people.

The 2008 financial crisis… and the

pandemic crisis of 2020…
supercharged this distortion. Now,
there’s no going back.

This distortion is disrupting every

single facet of our lives in ways most
folks can’t even imagine.

And that’s what makes today a

make-or-break moment for investors. Because where
there are challenges, there are also opportunities.
And one of the biggest opportunities today is in a
massive trend I call “New Energy.”
Over the last few months, conflicts around the world
and shortages at home have injected urgency into
the plans for a New Energy reality.
On March 9, The New York Times reported:
Loss of Russian Oil Leaves a Void Not Easily
Filled, Straining Market
What just happened at ExxonMobil is a perfect
example… The world’s biggest oil company just put
three people on their board who despise oil.
At first glance, it sounds too crazy to be true. But it
makes sense once you understand this one
fundamental thing…
This trend toward New Energy is inevitable. It will
move forward whether we like it or not.
In the years ahead, we’ll see new oil drilling
technologies, synthetic energy sources… maybe
even something that replaces oil altogether.

Global production will take time to ramp up, so In fact, the distortion of the energy industry will be
the U.S. and other buyers will chase limited one of the biggest drivers of the $150 trillion
supplies, creating upheaval unseen in decades. transfer of wealth.

We can no longer rely on foreign dictators and In a moment, I’ll show you my favorite New Energy
adversaries for America’s energy needs. stock today.

In short, the old reality is gone… and a new reality is This company is already in full production. And
taking its place. every major institution on Wall Street owns it.

And yet most people don’t realize it. Many are still
living in the reality of the past.
But the energy industry – worth $2.1 trillion – is one
of the biggest industries transformed by the
distortion I’ve mentioned.
From Citadel… to Vanguard… to Morgan Stanley…
In the last 12 months, Wall Street has bought almost
60 million shares.
But we’re still early. Billions of dollars are set to be
deployed into its cutting-edge technology.

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 DISTORTION REPORT
In the near term, this company’s stock has the
potential to double or more. And, if all goes
according to plan, this stock has the potential to 10x
within the next five years.
But before I tell you what this company is – and how
you can stake your claim today – you’re probably
wondering…
What exactly is this $150 trillion I’m talking about?
$150 TRILLION TRANSFER
OF WEALTH
$150 trillion is the estimated cost of decarbonizing
the global economy.
At the United Nations Climate Change Conference
in 2021, governments promised to achieve that goal.
It will upend the global economy in both predictable
and unpredictable ways.
Most of all the headline figure of $150 trillion
grabbed headlines. But that is only a starting volley
in the money creation that is to come.
For a few months, there was heavy media coverage
of the story. The stock market did not pay it much
heed. After all, governments often make newsbyte-
ready statements only to forget them later.
Then Russia invaded Ukraine. That injected urgency
into the plans for the energy transition. The invasion
presented us with a harsh new reality. Corrupt,
despotic regimes are no longer willing to act nice.
That unveiled an existential threat for major energy
importers like Europe and Japan. The commitments
to decarbonize from the UN’s conference took on
new urgency.
It’s no longer about saving the planet. Now, it’s
about survival. Countries need to decarbonize so
they will not be beholden to countries like Russia.
The Nord Stream 2 pipeline is a prime example.
Russia built it to take natural gas from its coast near
St. Petersburg to Lubmin in Germany.
4
In January, Russia completed building the pipeline.
A month later, it invaded Ukraine.
Russia’s logic was simple. It believed Europe could
do nothing to stop it – because Europe relies on
Russian energy.
But when Russia invaded Ukraine, Germany put the
final approval for the pipeline on hold. Now, Nord
Stream 2 might never carry gas.
Instead, Germany is making moves to wean itself off
Russian energy imports. For example, it’s partnering
with a Dutch company to build its first natural gas
terminal.
In short, the world changed in less than a month.
The $150 trillion in spending from the UN’s 2021
conference is more urgent than ever. Countries are
now fighting for energy independence.
And at the top of that is the push toward electric
vehicles (EVs) – and the infrastructure to support
them.
AMERICA’S FIGHT FOR AN
ELECTRIC FUTURE
In the U.S., the government is working hard to
support this New Energy transition. And one of the
biggest trends is the push toward EVs.
The Biden administration has vowed to make 50% of
all vehicles sold in the U.S. “zero-emissions” by 2030.
And major automakers are already jumping on the
trend.
In early March 2022, Ford reorganized its business.
It put its pickup truck and electric vehicle in
separate units.
It plans to produce 2 million electric vehicles per
year by 2026.
The media reported it as Ford’s plan to compete
with Tesla. But it’s not just Ford.
Every other automotive company has similar plans.
 DISTORTION REPORT
By 2030, automotive executives expect 52% of new
vehicle sales to be all-electric.
Within the next four years there are going to be tens
of millions of new electric vehicles sold. And all
these new EVs will need charging stations.
Think about it this way… The internal combustion
engine gave people freedom. They could go
anywhere, any time. To catch on, electric vehicles
will need to do the same.
Building out a robust EV charging infrastructure is
the key to achieving that.
That’s why the Biden administration is building
400,000 new EV chargers by 2030. That’s up from
100,000 today.
Here’s how Transportation Secretary Pete Buttigieg
put it in a press release:
A century ago, America ushered in the modern
automotive era; now America must lead the
electric vehicle revolution.
To do that, the government expects to build
“Alternative Fuel Corridors.”
In other words, it plans to line the interstate
network with chargers. This will allow anyone to
stop and charge their vehicle whenever necessary.
Deputy Federal Highway Administrator Stephanie
Pollack said in the press release:
Americans need to know that they can purchase
an electric vehicle and find convenient charging
stations when they are using Interstates and
other major highways.
But interstate and highway stations aren’t the only
solutions. As the EV industry grows, people will also
need convenient charging at home and at work.
Altogether, the EV charging market is projected to
grow to $111.9 billion by 2028. It was worth $17.5
billion in 2021. That would be a jump of nearly 540%.
Which brings us to the company I mentioned earlier.
5
THE #1 STOCK FOR AMERICA’S
GREAT DISTORTION
ChargePoint Holdings (CHPT) is an American EV
infrastructure company at the forefront of the
electric revolution.
It built the largest network of EV charging stations
in North America and Europe.
In July 2017, ChargePoint had 35,900 charging spots.
By 2020, that number had grown to 114,000 spots in
14 countries.
ChargePoint’s reach is so wide, a driver connects to a
ChargePoint station every 15 seconds.
But this is just the beginning for ChargePoint. Let’s
take a look.
THREE THEMES PUSHING
CHARGEPOINT FORWARD
ChargePoint benefits from three themes.
First, it provides chargers to fleets of vehicles, which
will grow as the economy recovers.
In the U.S. alone, the market for fleet-charging
services could be worth $15 billion per year,
according to consulting firm McKinsey.
Second, ChargePoint provides chargers for office
buildings. It will benefit as workers return to the office.
Large companies like Microsoft, Ford, and Wells
Fargo have already announced plans to bring
employees back to the office this year.
Even President Biden wants Americans to work from
the office again. In his State of the Union address on
March 1, he said:
It’s time for Americans to get back to work and
fill our great downtowns again. People working
from home can feel safe to begin to return to the
office. We’re doing that here in the federal
government. The vast majority of federal
workers will once again work in person.
 DISTORTION REPORT
Third, ChargePoint supplies Level 2 chargers to the
residential sector.
Level 2 chargers are most useful in offices and at
home. That’s where vehicles stay still for a long time.
These chargers deliver between 18-28 miles of range
per hour. It’s the fastest way to charge an EV at home.
Since everyone who buys an EV wants to have a
charger at home, that’s a major market as the
number of vehicles grows.
ChargePoint is a market leader in Level 2 charging
hardware in the U.S. It has over 65% market share.
That means the company sells 13 of every 20 new
chargers in the U.S. And it has plans to keep
expanding internationally.
The number of installed EV charging stations will
jump seven-fold by 2027, according to a report
published by leading market research firm Research
and Markets.
If ChargePoint sustains its market share, the
company will have millions of charging stations
within the next five years. With its subscription
model, that’s billions in reliable charging income.
ChargePoint’s market capitalization is only $6.2
billion today. As sales ramp higher, it could be a $60
billion company within five years.
That 10x increase would put ChargePoint’s share
price at $200 within five years.
But there are two more reasons why I call
ChargePoint the #1 stock for America’s Great
Distortion.
The first is ChargePoint’s impressive customer base.
And the second is its position to benefit from the
government’s latest clean-energy spending splurge.
Let’s take a closer look at both.
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PRIMED TO BENEFIT FROM THE
$150 TRILLION TRANSFER OF
WEALTH
ChargePoint has the biggest independently owned
network of chargers connected to the internet.
ChargePoint built its hardware to be safe, reliable,
and efficient. It can manage and repair it remotely
through sensors in each unit.
That allows ChargePoint to come in at a lower cost
of ownership than any of its competitors.
ChargePoint also makes life easy for corporate
customers by offering Charge-as-a-Service
modeling.
For as little as $39.99 a month companies can install
chargers in their office. That makes for sticky
revenue. Once customers install units, they’re less
likely to cancel service.
ChargePoint already has 5,000 customers globally.
That includes major companies like Dell, 3M,
Google, eBay, and Johnson & Johnson.
It also has charging stations at Disney’s theme parks
in Florida and California.
Plus, it has partnered up with one of the busiest
franchises in the world…
Starbucks.
ChargePoint is teaming up with carmarker Volvo to
build a network of EV chargers at Starbucks across
the country.
They already have plans to build 60 chargers in five
states, stretching from Washington to Colorado. And
they expect their chargers to be fully installed by the
end of 2022.
That’s the first advantage that puts ChargePoint
ahead of other EV charging companies.
The second advantage is that ChargePoint is active
in the government contract space.
 DISTORTION REPORT
As of April 2022, ChargePoint had active contracts
with the State of New York, Ohio, and Rhode Island,
among others.
ChargePoint also has a solid history of benefitting
from the kind of government program I mentioned
earlier in this report.
In 2016 the company secured a contract with the
California Energy Commission to build the West
Coast Electric Highway. That connected British
Columbia, Canada to Baja California, Mexico via an
electric charging network.
In 2020, the company signed a deal with NATSO to
create a National Highway Charging Collaborative.
NATSO stands for National Association of Truck Stop
Owners. It's the only national trade association that
represents America's travel plazas and truck stops.
Over the next decade, the collaborative will spend $1
billion to put charging stations in 4000 travel plazas
and fuel stations all over the country.
The new government program borrows from that
template. ChargePoint is in a strong position to
benefit from the spending splurge.
BRINGING IT ALL TOGETHER
ChargePoint’s share pulled back sharply following the
initial surge in 2020. It was not spared the selling
pressure experienced by the wider innovation sector.
Yet, there’s one big difference that sets it apart from
other high growth companies: ChargePoint has no
debt. It is funding its growth through organic sales.
Its exceptional customer service and innovative
7
business model are its competitive advantage when
it comes to driving sales.
And that advantage is paying off. ChargePoint’s
quarterly revenue increased 90% year over year for
its fiscal year 2022. And annual revenue increased
65% year over year.
And this is just the beginning. As the number of
electric vehicles on the roads grows, ChargePoint
will thrive.
The market for electric vehicle chargers was valued
at $3.8 billion in 2019. By 2027, it’s expected to grow
to $25.5 billion.
As a leading EV charging network in the U.S.,
ChargePoint is perfectly positioned to capture a
huge chunk of that growth.
My 12-month target for ChargePoint’s share price
is $40. Within five years, the share has the potential
to 10x.
Action to Take: Buy ChargePoint Holdings
(CHPT) up to $22.50 per share. If ChargePoint
rises above my recommended buy-up-to-price, be
patient. Don't chase the price.
Happy investing,
Nomi Prins
Editor, Distortion Report
 DISTORTION REPORT

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