3 No-Brainer EV Stocks to Buy With $1,000 Right Now
CHPTChargePoint(CHPT) The Motley Fool·2024-04-28 23:30

Rivian, Nio, and ChargePoint could be great contrarian plays for patient investors. Many electric vehicle (EV) stocks crumbled over the past year as the market cooled off and rising interest rates compressed their valuations. But according to Precedence Research, the global EV market could still expand at a compound annual growth rate (CAGR) of 23.4% from 2024 to 2032 as EVs gradually replace gas-powered vehicles. Therefore, the recent sell-off in EV stocks might represent a golden buying opportunity for va ...