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3 Stocks Riding the Wave of Electric Vehicles
LILI AUTO(LI) InvestorPlace·2024-01-27 20:58

Within a long-term bull market, there can be intermediate corrections. A 30% to 40% decline in stocks before a fresh rally is not uncommon in high-growth industries. The reason is that markets always tend to react on extremes. A good example of my point is electric vehicle (EV) stocks.As the EV sector faces some near-term headwinds, EV stocks have been depressed. In my view, this is a golden opportunity to accumulate for the next five years and potentially beyond. Global electric vehicle adoption still has ...