3 EV Stocks To Buy This Month
Many electric vehicle (EV) stocks skyrocketed in 2021, when interest rates were low, and consumers ramped up vehicle purchases after the pandemic. But many of those stocks fizzled as inflation drove up their expenses and interest rates spiked in 2022 and 2023.
The market's interest in EV stocks remains tepid, since many growth-oriented investors are chasing hotter AI stocks. Yet the EV market is still expanding -- so it could be a great time to buy Rivian (NASDAQ: RIVN), (OTC: BYDDY), and Joby Aviation (NYSE: JOBY)
Image source: Rivian.
Source Fool.com
BYD Co. Ltd Stock
€9.70
-0.520%
BYD Co. Ltd is currently one of the favorites of our community with 9 Buy predictions and no Sell predictions.
As a result the target price of 15 € shows a very positive potential of 54.62% compared to the current price of 9.7 € for BYD Co. Ltd.
