1 Electric Vehicle Stock to Buy Hand Over Fist and 1 With Serious Red Flags

Market corrections offer great opportunities to buy top stocks at bargain prices. Yet investors need to do their research, as not all stocks that have fallen are buys. There are genuine concerns behind the steep fall of some stocks.

Let's look at one electric vehicle (EV) stock that looks very attractive right now, and another one that's best avoided.

Though Ford (NYSE: F) isn't the first name that comes to mind when talking about EVs, the company is laser-focused on boosting its EV business growth. Ford's target is for half of its global sales volume to be all-electric by 2030. To achieve this goal, the company plans to invest $50 billion in EVs by 2026. Ford's battery electric sales rose 222% in May over last year. The company has started deliveries of its much-awaited electric pickup truck, the F-150 Lightning.

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Source Fool.com