Aker Carbon Capture WKN: A2QBSN ISIN: NO0010890304 Kürzel: ACC Forum: Aktien User: MrVistos
3 OTC Stocks With 10-Bagger Returns Potential Aker Carbon Capture (OTCMKTS:AKCCF) stock has declined by almost 50% in the last 12 months. The stock seems massively undervalued after the correction and is worth accumulating. Further, considering the business prospects, I believe that AKCCF stock is poised for 10x returns in the next five years. As an overview, Aker Carbon is a pure play in the supply of modular and configurable capture plants. Given the global focus on reducing carbon footprint, Aker Carbon has a big addressable market. Aker Carbon already has several contracts with instillation underway. For the remainder of 2023 (as of Q2 2023), the company reported a backlog of 3.3 billion Norwegian kroner. Further, the current backlog beyond the year stands at 2.3 billion Norwegian kroner. Of course, the company is still at an early stage of growth. However, the plans are ambitious with the company targeting to secure projects to capture 10 million tonnes of CO2 per annum by 2025. As the order book gains further traction, I expect AKCCF stock to skyrocket. https://investorplace.com/2023/08/3-otc-stocks-with-10-bagger-returns-potential/?mod=mw_quote_news
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