Birkenstock stock (NYSE: BIRK) has been a legitimate winner since hitting a low of $36 just two days after it went public.
To date, the stock has shot up as high as $61.83, thereby representing a gain of 71% in less than a year.
When one of my colleagues first showed me the Birkenstock stock chart, I have to admit, I was a bit surprised. To be honest, I didn’t even know the company was public. And to be even more honest, I still don’t understand why people pay for these things.
In terms of shoes, Birkenstock’s are almost as aesthetically unappealing as Crocs. And there’s also this unappealing stigma that comes with those footwear atrocities. It’s probably not the way it used to be, but when I was growing up, the only people I knew who owned those things were hippies and the types of folks who aren’t known for wearing deodorant.
Indeed, it’s not right to put all Birkenstock wearers into that category, nor is it accurate. But I’ll never understand how anyone could find those things appealing. Even if they’re comfortable.
I’d rather wear the most splinter-laden clogs from the 1700s than than wear Birkenstocks. But clearly, I’m in the minority. Our analysts have traveled the world over, dedicated to finding the best and most profitable investments in the global energy markets. All you have to do to join our Energy and Capital investment community is sign up for the daily newsletter below.
Why Birkenstock Stock is Crushing it
I’m not going to lie. When I read that the company sold 30 million pairs of Birkenstock sandals in 2022, I couldn’t believe it. 30 million pairs of those insanely ugly sandals?!!
But hey. Who am I to judge? After all, while I mock the company’s products, Birkenstock stock has been on a tear over the past few months. Check it out…
In its Q2 earnings report, Birkenstock delivered a 22% year-over-year increase in revenue, coming in at around $521 million. As well, its DTC and B2B divisions delivered revenue growth by 30% and 19%, respectively. It should also be noted that after Q2 numbers were released, the company raised its fiscal year revenue projections from $1.89 billion and $1.92 billion to $1.94 billion.
So I guess the point is, I shouldn’t work in the shoe business. Clearly, this is not my area of expertise.
Energy, on the other hand. Well, that’s how I’ve built a small fortune over the years. Particularly in the renewable energy game, where I’ve delivered multiple double- and triple-digit gains from a number of solar, wind, and geothermal energy stocks.
I’ve also been benefiting from non-stock solar investments, like these private solar royalties, which allow you to earn monthly income from solar power energy projects all across the globe.
If you’re unfamiliar, these royalty plans allow you to get in on the same types of early-stage solar power project deals that, until recently, have only been available to the world’s richest billionaires.
But thanks to a recent SEC rule change that opens up these investments to everyone rather than just the ultra-wealthy, you can literally invest in the same types of solar projects that Elon Musk and Bill Gates have been profiting from for years.
And again, these aren’t stocks — they’re private solar deals that you can invest in and start earning monthly income on right now.
You just sign on to a platform designated for these investments, create an account, pick the project you want to invest in, and start collecting your monthly royalties.
That’s it.
You can learn how to get access to this platform here.
Oh, and here’s the best part …
You can invest as little as $100 in one of these projects and still collect those monthly royalties.
Of course, that may not seem like much, but when you do the math, you’d be surprised how quickly that $100 can turn into a massive pile of cash.
In fact, there’s one private solar royalty deal that has been estimated to earn $953 on every $100 invested.
So if you put in just $100 a month, your estimated royalties could eventually come to $98,325.
That’s nearly $100,000, all starting with just $100.
Or maybe you have more than $100 to invest in these private solar royalty deals.
Maybe you want to go in for $1,000 a month.
That could eventually give you an estimated $983,255 in profits.
That’s nearly $1 million, all starting with just $1,000.
Do you realize how many ugly Birkenstock sandals you could buy with that?
Jokes aside, these solar power royalty deals are absolutely genius. And you can start earning your own monthly solar power royalty payments right now. Unless, of course, you hate money. To a new way of life and a new generation of wealth… Jeff Siegel
@JeffSiegel on Twitter
Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.
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