Good evening - In 2020, the only ride many Americans were taking was on their Peloton bike. The global pandemic brought on by the novel coronavirus left many Americans at home and off the road. But a funny narrative emerged. Electric vehicle sales actually increased in 2020 from 2019. And I’m not talking about pre-orders. I’m talking about over 300,000 new EV owners on the road. And it brings the total of EVs in the country to 1.5 million. And here’s the reality. That’s just a drop in the bucket for the growth expected in this sector over the next five years. For most of 2020, this anticipated demand created a bubble in electric vehicle stocks. This included many companies that came public by way of a special purpose acquisition company (SPAC). But in the last 30 days, EV stocks have had a rude awakening. Some of that may be due to the volatility in the market in general. And some of it is undoubtedly due to the realization that campaigning and governing are two different realities. This isn’t to say that President Biden isn’t serious about advancing the cause of electric vehicles. It may just take a little longer than expected. And when it does, it will present opportunistic investors with a rare opportunity to go long on some EV stocks that have a lot of room to run. And that’s why we’ve put together this special presentation. We’ve identified seven stocks that look like they may be ready to see their bubbles reinflate. I’ll provide a fair warning. Most of these stocks are not the speculative SPAC stocks that went public last year. Speculative stocks may have a place in your portfolio, but the purpose of this presentation is to link you with companies that already have proof of concept in place. View the “7 Electric Vehicle Stocks That Are Ready to Reinflate.”
Matthew Paulson
MarketBeat.com | 
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