2 Electric Vehicle (EV) Stocks to Buy Hand Over Fist and 1 to Avoid in 2024
Tesla (NASDAQ: TSLA) and (OTC: BYDDY) are the leaders in electric vehicles (EVs). It's a burgeoning market, but prosperity isn't a given -- a reality that Rivian Automotive (NASDAQ: RIVN) is slowly coming to terms with these days.
Taking a closer look at where Rivian stands now and its future plans helps illustrate why Tesla and BYD remain the top choices for those looking to ride the wave of the EV industry's growth, while cautious investors may want to steer clear of Rivian for the time being.
Image source: Getty Images.
Source Fool.com
BYD Co. Ltd Stock
€27.25
-1.160%
The stock is one of the favorites of our community with 27 Buy predictions and 4 Sell predictions.
As a result the target price of 35 € shows a positive potential of 28.44% compared to the current price of 27.25 € for BYD Co. Ltd.
