EVs Are Out of the Headlines. That's Exactly Why These 2 Stocks Are Buys.
Rivian and Nio are screaming bargains right now.
EVs Are Out of the Headlines. That's Exactly Why These 2 Stocks Are Buys.
Overview
A few years ago, growth investors were rushing toward electric vehicle (EV) stocks. But today, high-growth AI stocks and big IPOs have largely overshadowed the EV market. Concerns about lower government subsidies, higher tariffs, supply chain disruptions, inflation, and elevated interest rates are also making EV stocks less attractive -- even if the market is still growing.
From 2026 to 2033, Grand View Research still expects the global EV market to grow at a 26.7% CAGR as EVs continue to replace gas-powered vehicles. To capitalize on that trend, investors should buy these two EV stocks while the bulls look the other way.
Image source: Rivian.
Details
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
