Do you jump for your phone when the latest news is all about Tesla Inc. (TSLA) or Nikola Corp. (NKLA)? You might have EV stocks fever, and you’re not the only one. Stakeholders keep investing billions into electric vehicle stocks and this rosy market.
Sales of electric cars topped 2.1 million globally in 2019, according to the 2020 Global EV Outlook by the International Energy Agency (IEA).
Electric vehicles play a critical role in reducing local air pollution addressing climate change. According to specific projections by the Global EV Outlook, global electric vehicle stock (excluding two/three-wheelers) may grow by 36% annually, reaching 245 million vehicles by 2030.
With these projections in mind, it's natural to wonder about electric car stocks, EV battery stocks, and the best EV stocks to buy.
How do you know the right stocks to invest in?
Well, let's start with some quick facts.
Quick fact 1: 2021 has been a rocky year for EV stocks.
Despite the promise of a great future for electric vehicles, EV stocks have faltered a bit this year. For example, Tesla hasn't seen impressive gains compared to 2020. Last year, Tesla saw its shares skyrocket by 743%. This year, it has only seen around a 20% gain in the markets.
Quick fact 2: You might miss out if you don't look beyond Tesla.
Guess what? Tesla brought electric vehicles to the mainstream and did a splendid marketing job. Watch the other entrants to the market as well. For example, you can't discount Velodyne Lidar, Hyliion, Lordstown Motors Corp, Fisker Inc. and Canoo. There's more than one big name in town.
Quick fact 3: Range isn't a drag anymore.
What's range? It's the furthest an electric vehicle can go without having to get charged. Most EVs today have a range of up to 200 miles, and Tesla offers over 300 miles. You can also find more EV chargers more readily all over the place. Have these companies eradicated range concerns? Possibly!
Quick fact 4: Look for undervalued stocks.
Which stocks are undervalued? Consider their underlying assets, company makeup, and potential against competitors. Chip shortages affect everyone, but what about the other details? Spotting potential against market drops across the board can boost your chances of finding a golden nugget.
Quick fact 5: You shouldn't lose sight of traditional automakers.
Don't relegate "regular" automakers to a list from the past. Do you know which other "traditional" automakers also make electric vehicles? You got it — Ford, Nissan, BMW, Volkswagen, Subaru, and Toyota. Large automakers also invest in smaller companies, so keep in mind that there's a larger market share than meets the eye. For example, General Motors owns a portion of Lordstown Motors.
Are you ready to invest in a very electric future? Read on to learn more about the best electric vehicle stock picks below. We'll supply you with the most up-to-date information, research, expert analysis, and stock price forecasts so you know exactly what to invest in and when.
Investors are hyper-focused on the red-hot electric vehicle trade right now, particularly lithium stocks to cash in on EV battery production.
But the rare-earth metals are just as important to EV production, and unlike lithium, there’s real scarcity there.
Shah Gilani’s found the best EV play no one’s looking at right now… .
Plenty of investors are pouring into the electric vehicle (EV) stocks, but there's tons more money on the table.
We're talking about EV battery stocks, and Chris Johnson has two fast-moving EV battery plays to make right away...
EV stocks are hugely popular right now, as are stocks of legacy automakers that have embraced electric vehicles.
This week's best EV stock to buy, though, just went on sale. Andrew Keene has the ticker...
A year ago, Lordstown Motors (NASDAQ: RIDE) was going to be the next big thing.
The electric vehicle company had taken over an abandoned General Motors facility and was going to use it to start making electric pickup trucks for the commercial fleet market.
Now it’s on the verge of bankruptcy.
But don’t be tempted to buy low and hope it returns to its former glory.
These three EV stocks will blow it out of the water...
Investors are scrambling to buy electric vehicle manufacturers and there’s nothing wrong with that.
But… the biggest returns will come to folks who buy stock in EV infrastructure companies – the firms making charging stations, in-car software, and the like.
Shah Gilani has picked out the best EV stock you can own right now.
Plenty of investors have written off this old-school Detroit stock, thinking its best days were 50 years ago.
Well, after a string of record-breaking quarters, this company announced it was taking over the top spot in the EV battery space.
That's no wishful thinking, either; they're spending $35 billion and cementing the partnerships to make it happen.
Andrew Keene's got the ticker.
The EV race is picking up steam! There's indeed some stiff competition: Tesla, Honda, Lordstown Motors, GM.
But not all of these stocks are worth your money.
Today our Mark Sebastian's bringing you the best - and worst - stocks in the EV industry to make sure you're getting the most bang for your buck in this explosive sector...
Shah's always on the lookout for the next best high-growth industry - and nothing spells "high-growth" quite like the explosive EV market, projected to hit $802 billion in 2027.
What's more, getting in on the ground floor of a stock in a niche market that'll be riding on the success of a larger, already defined market spells "opportunity."
Just like the stock of this small EV charging company Shah's looking at today...
Don't go selling your TSLA stock just yet... but don't expect it to put 1,500% profits in your account, either.
Tesla's most explosive growth is behind it for now, but Andrew Keene thinks he's found the next Tesla out there.
It costs $45 a share compared with more than $650...
There’s not a workday that goes by where you don’t hear something about Tesla as a dynamite electric vehicle play.
But… competition is heating up, and Tesla – the disruptor – is about to be disrupted in a big way.
The EV investing landscape is about to change dramatically.
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Plug Power Inc.
(NASDAQ: PLUG) shares might be down for now.
But the Plug stock forecast for 2025 looks bright.
Sure, we expect the massive electric vehicle renaissance to continue.
But when you dive deeper into this space, you realize it’s about so much more than cars.
It’s about power.
This company stands for the future of something far bigger than transportation.
The two most expensive emotions you can have as a human are "anger and pride," according to Money Morning's Quantitative Trading Specialist, Chris Johnson.
And if you have them both at the same time, it can be very destructive to your portfolio.
That's how Chris is thinking about Tesla Inc. (NASDAQ: TSLA) right now as the number of short positions has never been higher on the stock.
It's clear these short sellers have a ton of pride, continuing to bet against one of the hottest momentum stocks on the market (Tesla is up 254% year to date),
And they're surely feeling angry losing money day in and day out to a company that sells a fraction of the cars as the major carmakers, but is currently the most valuable electric vehicle stock in world (with its $280 billion market cap).
So, what should investors do?... Is it too late to buy TSLA stock or should you continue riding this momentum higher?
In this article, Chris will tell you exactly what to do...
Electric car manufacturer stocks are absolutely exploding right now.
The leader - Tesla Inc. (NASDAQ: TSLA) - is up 220% year to date.
But did you know that three smaller (and lesser known) electric vehicle stocks are up even more?
General Motors (NYSE: GM) stock is down more than 11% since the United Autoworkers (UAW) strike began on Sept. 15.
But it's giving this top electric vehicle stock a 110% pop.
On the surface, it looks like just another giant company has trouble seeing eye-to-eye with its employees.
In reality, this is not about one company - it's about the entire auto manufacturing sector.
On Monday (May 27), Fiat Chrysler Automobiles announced plans to pursue a merger with French automaker Renault.
This is a bold effort to adapt to technological and regulatory developments in the global auto industry.
