Buy the Dip: 2 EV Stocks Worth Considering for 2022
Seemingly overnight, U.S. stock market sentiment has shifted from unrelenting optimism to a frenzy of fear. Those feelings have permeated into the electric vehicle (EV) industry. Share prices of Ford (NYSE: F), General Motors (NYSE: GM), Tesla (NASDAQ: TSLA), Lucid Group (NASDAQ: LCID) and Rivian Automotive (NASDAQ: RIVN) are all down over 20% since Jan. 4.
Investors with nerves of steel and a long-term time horizon could consider buying the dip in Ford stock and Nikola (NASDAQ: NKLA). Here's what makes each growth stock a great buy now.
Image source: Ford Motor Company.
Source Fool.com
