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WKN DE: A113R6 / ISIN: US67011P1003

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15.10.2024 11:55:00

3 No-Brainer EV Stocks to Buy With $1,000 Right Now

Many electric vehicle (EV) stocks soared to all-time highs in 2021. That rally was largely driven by low interest rates, the growth of commission-free trading platforms, social media buzz, and a fear of missing out (FOMO). Those catalysts caused many investors to turn a blind eye to those companies' steep losses and bubbly valuations.Most of those stocks crashed as soaring interest rates drove investors away from speculative investments, again. But now that interest rates are set to decline, it might be smart to make a few small bets across the burnt-out EV market.If you have at least $1,000 to spare, these three unloved EV stocks might generate some multibagger gains for daring investors over the next few years: Nio (NYSE: NIO), Rivian Automotive (NASDAQ: RIVN), and Archer Aviation (NYSE: ACHR).Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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NOW Inc When Issued 14,40 -9,43% NOW Inc When Issued