If You Can Only Buy One EV Stock in May, It Better Be One of These 3 Names
Freeport-McMoRan(FCX) Investor Place·2024-05-30 23:16
Electric vehicle sales are expected to accelerate this year, creating a big opportunity for some of the top EV stocks to buy.We have to remember that 2023 EV sales were strong. U.S. consumers, for example, bought 1.19 million EVs last year, up 46% year-over-year, according to Cox Automotive, as noted by Inside Climate News.It was the first time U.S. EV sales reached a million in a year.For 2024, sales are expected to increase anywhere from 20% to 30%. Plus, according to Michelle Krebs, executive auto analys ...