From GlobeNewswire: 2024-04-09 15:41:00

Joe Sitt, Chairman of Thor Equities Group, discussed luxury retail competition, inflation, and real estate opportunities on Bloomberg Markets. He believes businesses move cyclically based on stock performance and that inflation can benefit long-term assets like real estate. Sitt also touched on conflicts overseas affecting inflation and opportunities in Europe with undervalued real estate. Notably, he praised Electreon, a wireless charging solution provider for electric vehicles, which saw a 400% stock increase. The company has deals with Toyota and Denso, with government tenders for electric roads in multiple countries. Thor is interested in the company due to real estate potential.



Read more at GlobeNewswire: Thor Equities Group Chairman, Joe Sitt, Makes Guest