2 Electric Vehicle (EV) Stocks to Buy Hand Over Fist and 1 to Avoid
The electric vehicle (EV) market has gone through some wild swings over the past few years. Dozens of EV-related companies went public during the buying frenzy in growth and meme stocks in 2020 and 2021, but many of those stocks burned out in 2022 and 2023 as rising interest rates popped the speculative bubble.
Many investors might want to shun all EV stocks after that wipeout, but there are still plenty of beaten-down plays that might skyrocket as the sector warms up again. Today, I'll take a closer look at two out-of-favor EV stocks that are still worth buying -- and one that you shouldn't touch with a 10-foot pole.
Image source: Rivian.
Source Fool.com
