3 No-Brainer EV Stocks to Buy With $1,000 Right Now
Archer Aviation, EVgo, and QuantumScape could have a lot of upside potential.
Many electric vehicle (EV) stocks soared to their all-time highs during the buying frenzy in meme and growth stocks in 2020 and 2021. But over the following four years, many of those stocks fizzled out as rising interest rates popped their bubbly valuations, cast a harsh light on their losses, and drove investors toward more conservative investments.
But as interest rates decline and the macro environment stabilizes, it might be worth nibbling on some of those fallen stocks again. So if you have $1,000 to spare, I believe these three EV stocks deserve a speculative investment in this volatile market: Archer Aviation (NYSE: ACHR), EVgo (NASDAQ: EVGO), and QuantumScape (NYSE: QS).
Imaage source: Getty Images.
