3 Electric Vehicle Stocks to Buy During the Market Sell-Off
Estimates and opinions on the electric vehicle (EV) market vary widely, but one thing is for certain: Sales of battery-powered cars will head higher in the coming decade. Automakers all over the world scramble to electrify their vehicle lineups. But this is a mammoth undertaking that requires the old and well-established automotive industry to rethink its operations -- and in many ways, requires them to become computing technology companies.
With so many things changing and money flows shifting to new auto suppliers, there are opportunities for investors to make some money. Patience and time will be required, but three Fool.com contributors think Texas Instruments (NASDAQ: TXN), Volkswagen (OTC: VWAGY), and NXP Semiconductors (NASDAQ: NXPI) are good buys in the current market sell-off. Here's why.
Nicholas Rossolillo (Texas Instruments): Most folks think of their old mathematics class calculator when they hear the name Texas Instruments. But that's really just the tip of the iceberg. The real moneymaker for this company is actually industrial and automotive electrical components.
Source Fool.com
