Wall Street Favorites: 3 EV Stocks with Strong Buy Ratings for March 2024
Aptiv(APTV) InvestorPlace·2024-03-14 04:16
Wall Street appears to be softening on America’s electric vehicle (EV) champion Tesla (NASDAQ:TSLA). Tesla shares have fallen 28.5% since the start of trading in 2024, losing its status as one of the “Strong Buy” EV stocks. A majority of Wall Street analysts covering Tesla have rated the U.S. automakers shares at either “Hold,” “Sell” or “Strong Sell.” The reason for this is pretty straightforward. The EV market is in the midst of a slump, and while interest rates remain elevated for an elongated period, ec ...