Wall Street Loves These 3 Growth Stocks -- Should You?
Some stocks, at times, get much higher attention and interest than others from investors and analysts alike. Frequently, such stocks are from a hot sector, like electric vehicles (EVs) right now. But should you buy a stock just because it is hot?
Let's discuss three EV stocks that are getting a lot of love from Wall Street, and if they are attractive buys right now or not.
Probably no other car company has captured investors' attention in the way Tesla (NASDAQ: TSLA) did in the last few years. That got reflected in a steep rise in Tesla's stock price -- from less than $5 in 2010 to more than $1,000 right now. That's a rise of more than 20,000% in roughly 11 years. Interestingly, the stock rose more than 1,000% in just the last two years. The rate of growth in Tesla's stock price fell in 2021, when the stock rose just around 52%.
Source Fool.com
