3 Penny EV Stocks to Buy for a 50% Rally From Oversold Levels

The electric vehicle (EV) sector is going through turbulent times. It’s not just about macroeconomic headwinds or intense competition. There are growing doubts about the adoption of EVs, and automotive majors have scaled back on their investment plans.While there are concerns, the markets have overreacted on the downside. That has created opportunities for buying EV stocks at a valuation gap. In my view, even the slightest of positives will translate into a big rally from oversold levels for EV stocks. This ...