Wednesday, 9 August 2023

20 EV stocks that are expected to soar at least 38%, even after this year’s rebound

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While bullish DraftKings DKNG, -9.54% upgrades earlier this week focused on the company's profit potential, JPMorgan's Joseph Greff moved to a neutral stance late Tuesday in light of pressure on DraftKings shares due to new competitive developments in the online-sports-betting (OSB) industry.


This year has been a remarkable one for stocks tied to electric and autonomous vehicles, with stocks soaring following a dismal showing during 2022. The holdings of three exchange-traded funds focused on EV production, related industries and the eventual adoption of autonomous vehicles provide the basis for a stock screen.






DISCLAIMER: Stocks and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stocks and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this report. The past performance of any trading system or methodology is not necessarily indicative of future results. All trades, patterns, charts, systems, etc., discussed in this report are for illustrative purposes only and not to be construed as specific advisory recommendations. Information contained in this correspondence is intended for informational purposes only and was obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted.








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