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Why You Should Dump These 7 Loser EV Stocks Now

06:45am, Tuesday, 23'rd Jan 2024
As the market shakes out, it's time to consider which EV stocks to avoid. It's no secret that 2023 was an incredibly tough year for the electric vehicle industry.
As governments globally endorse and incentivise the adoption of electric vehicles, there is some big money to be made in the industry. Therefore, it's not surprising that dozens of new companies have
Investors are seeing the bright side in the electric vehicle space.
The global EV industry is showing visible signs of a slowdown. With pessimism building up, more players are shorting ChargePoint stock.
While seemingly everyone was talking about the electrification of mobility, a forced pit stop might yield a more favorable entry point for EV stocks to buy. Though electric vehicles are likely the fut
Starting in 2024, the Internal Revenue Service ( IRS ) extended an improved version of a tax credit system for electric vehicle (EV) buyers to 2032. Individuals purchasing used or new domestically man

Is ChargePoint Stock a Buy?

05:44am, Saturday, 13'th Jan 2024
ChargePoint is struggling to make money despite having been a growth machine the last three years. Now that the North American market is moving to a single plug, the competition among charging network
ChargePoint announced a strategic reorganization after a comprehensive review under its new CEO. The company will lay off 12% of its workforce and incur $14 million in restructuring charges.
The best part of growth for the EV sector is still to come. By 2030, EVs are likely to represent more than 60% of vehicles sold globally.
Small-cap stocks are set to have their day in the sun this year, and not just because favorable economic and monetary policy conditions are set to put wind in their sales. Instead, investors are incre
Demand for ChargePoint's EV charging hardware seems to be waning. Investors, however, are betting on a new CEO to fast-track ChargePoint's growth.
Based on the latest economic print, the Federal Reserve expects a shift in monetary policy, which undergirds certain stocks for a dovish Fed. It really comes down to the return of the normal way of do
The 2024 presidential election promises to be volatile, and that volatility will doubtlessly carry over to your stock portfolio. Historically, elections can double stock market volatility, depending o
Recently, Zacks.com users have been paying close attention to ChargePoint Holdings, Inc. (CHPT). This makes it worthwhile to examine what the stock has in store.

Where Will ChargePoint Stock Be in 2024?

06:00am, Friday, 05'th Jan 2024
The EV charging company benefits from the growing share of electric vehicles on the roads.
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