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Energous: 50% Near-Term Downside If No Wireless Charging In iPhone


Energous stock has more than doubled since early June, in hopes that its wireless charging technology would be added to the iPhone.

A highly respected Apple analyst does not expect wireless charging to be integrated into this iPhone.

Energous's two truly wireless products will not be available until 2017 and are not even approved by the FCC.

Speculation drives the small-cap market, and selecting companies ahead of catalyst events can be a profitable trading strategy.

This has been the case with a company called Energous Corporation (NASDAQ:WATT). At almost every Apple (NASDAQ:AAPL) event, Energous stock trends higher in hopes that its wireless charging technology is put into the iPhone.

Apple is holding an event on September 7 to presumably release a new iPhone 7 and make upgrades to its MacBook line. Energous investors are speculating that the new iPhone will include wireless charging technology and that Apple will be using Energous's devices exclusively.

In conjunction with the event, Energous stock has risen from about $12 a share to a high of $20, almost a 70% gain in less than a month. However, there is a high probability that the new iPhone will not include wireless charging.

Ming-Chi Kuo is one of the most well-respected Apple analysts and has a track record of predicting which features and products will be released at the events. He is predicting the following to be in the new iPhone 7:

  1. New True Tone displays like the iPad Pro range, with laser-based proximity...