3 No-Brainer EV Stocks to Buy Right Now
The global business isn't in quite the trouble it seems to be in the United States. Just be sure to look a bit off the beaten path.
There's no denying that President Donald Trump isn't as supportive of electric vehicles (EVs) as his recent predecessors were. Then again, U.S. consumers' interest in EVs hasn't exactly remained robust either. Domestic sales of electric vehicles fell 4.4% in April, according to S&P Global Mobility, ending a 14-month growth streak. Separately, AAA (which you know as the travel and road service company "Triple A") reports that the likelihood of an American purchasing an EV has now fallen (for a third consecutive year) to only 16% of the country's car owners.
Be careful of jumping to sweeping long-term conclusions based on short-term data, however, or information that only applies within the United States. The EV business is a global one and isn't going away. It's going to continue evolving until electric vehicles become an irresistible choice.
With that as the backdrop, here's a rundown of three EV stocks anyone anywhere in the world can get excited about buying.
