Wall Street Favorites: 3 EV Stocks With Strong Buy Ratings for February 2024

Electric vehicle (EV) stocks took a hit in Q4 of 2023 as the long-term outlook for EV demand decreased. Many stocks that surged over the past three years now face price corrections as consumer values change. Despite the environmental benefits of EVs, most consumers lack access to robust charging networks that would make owning an EV practical.As such, EV companies, which seemed like the future of personal transportation, are now struggling to increase sales. A few EV stocks are still showing promise, howeve ...