Better Buy: ChargePoint or a 50/50 Split of Volta and EVgo?
Few industries are hotter, wilder, and pique the imagination more than the electric car industry. From wild stock moves in Lucid Group and Nio, to Rivian's IPO, to general market volatility, the EV industry is bursting with potential, but is also riddled with uncertainty.
By comparison, the EV charging industry isn't dependent on a particular automaker doing well. Rather, it's all about which company can scale -- and one will eventually profit off of the growing need for EV charging. ChargePoint Holdings (NYSE: CHPT), Volta (NYSE: VLTA), and EVgo (NASDAQ: EVGO) are three industry players worth following. Let's determine if ChargePoint or a 50/50 split of Volta and EVgo is the better buy today.
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Source Fool.com
