3 Top EV Stocks to Buy in November
Joby Aviation(JOBY) The Motley Fool·2024-11-10 19:06
Many electric vehicle (EV) stocks soared during the buying frenzy in growth and meme stocks in 2021. But in 2022 and 2023, many of those stocks withered as their growth cooled off and rising rates popped their bubbly valuations. The soft Chinese economy and an EV pricing war exacerbated that pressure.But with interest rates set to decline, some of those beaten-down EV stocks are starting to look like undervalued growth plays. Let's examine three of those stocks -- Nio (NIO -4.14%), Li Auto (LI -7.65%), and ...