Thursday, November 7, 2024
By now, everyone has heard how the shortage of semiconductors has constrained production from automakers. Well, move over semiconductors, now the lack of lithium supply threatens to hold back the entire electric vehicle (EV) revolution. And just months ago lithium carbonate prices high all-time highs. Some prices for the key metals used in batteries for […]
Investors may want to buy weakness in lithium stocks, like Albemarle (ALB). Sure, Goldman Sachs said it expects for lithium prices to fall about 10% this year. Then, by next year, the firm believes lithium could fall about 73%. But that’s not going to happen. The world wants to put millions of electric vehicles on […]
Just look at Nio (NIO), an electric vehicle stock, which just reported strong deliveries. In fact, for May 2022, the company delivered 7,024 vehicles, of which 5,317 were premium smart electric SUVs, including 746 ES8s, 2,936 ES6s and 1,635 EC6s. Nio also sold 1,707 ET7s, its flagship premium smart electric sedan. Nio’s cumulative deliveries as […]
Investors may want to use the pullback in electric vehicle stocks as an opportunity. Global leaders want millions of EVs on the roads and automakers are abandoning combustion engines for electric vehicles. On a global level, sales are only accelerating. In the U.S., as Car and Driver notes, “American car shoppers seem to have discovered […]
Investors should keep an eye on Plug Power (PLUG). After a rough pullback in the latter part of 2021, the hydrogen stock is attempting to push higher. In fact, investors may want to use weakness as a buy opportunity. For one, the hydrogen story is heating up. Goldman Sachs called hydrogen a “once in a […]
Nio (NIO) is often considered the Tesla of China. The electric car maker does have $5 billion in sales, which differentiates it from many other new electric vehicle makers whose sales are light. One very interesting block trade from last week was a massive covered call trade on NIO. The trader purchased 750,000 shares of […]
There are three good reasons the lithium story is probably about to go into overdrive. For one, the bull market is only accelerating. By 2030, tens of millions of electric vehicles could be on the roads, especially with global governments pushing for them. Even major automakers are abandoning internal combustion engines for EVs. Two, there’s […]
Today, I’m going to talk about what I expect to be one of the top-performing stocks in 2022. In a recent YouTube video, I mentioned that I expect electric truck manufacturer Rivian (Nasdaq: RIVN) to be a home run. Staying on that theme, Ford’s (F) electric F-150 is going to go gangbusters. Earlier this year, […]
It was a cold January Indiana morning. I headed to the shopping center. They were delivering a TV and I needed a part before they arrived. I pulled into the empty parking lot about 15 minutes before the store opened. I thought good, it’s pretty cold, I’ll get a nice parking space close to the […]
Electric vehicle stocks, like NIO (NIO), could accelerate well into 2022, for three very important reasons. First, governments all over the world are racing to reduce carbon emissions. In fact, the U.S. just pledged to reduce emissions by as much as 52% over the next several years. Europe wants to cut CO2 emissions by up […]
