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

Investors may want to consider buying some of the top EV charging stocks for the long haul. For one, if the U.S. is serious about electric vehicle adoption, the EV charging market must grow nearly tenfold. “The number of charge points in the U.S. is forecast to rise from about 4 million currently to 35 million in 2030,” according to PwC analysis. “The accelerated expansion of the charging infrastructure will be needed to serve the needs of a new generation of EV owners. We forecast that the number of EVs in ...