21.12.2024 09:24:00

2 No-Brainer Electric Car Stocks to Buy With $200 Right Now

Despite volatility in the headlines, the electric vehicle (EV) industry has been on a consistent uptrend over the past several years. Today, 7.8% of vehicles sold in the U.S. are electric. That's up from just 3.3% at the start of 2022. There have been dips along the way -- including a fairly precipitous drop in the first quarter of 2021 -- but the overall trajectory is undeniably positive, with most long-term forecasts calling for steadily higher demand for EVs over the next decade and beyond. While the industry as a whole remains healthy from a sales perspective, the fate of individual EV stocks is another matter. Some EV stocks now have a valuation of more than $1 trillion, with patient investors accumulating huge long-term gains. Other EV makers, however, are now on the brink of bankruptcy.Want to invest in EV stocks profitably? The two investments below are all you need.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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