Invest in EV ETF if you believe in the power of EV

2022-05-26

The electric vehicle (EV) market is gaining strength across the globe, with more EVs on the road than ever before.

As more and more investors want in on the party, it can be difficult to determine which stocks will soar like we've seen with Tesla.

The possibilities are many, including EV manufacturers, battery makers, lithium producers, and companies that focus on infrastructure.

One way to pick the right stock, while also mitigating the risk of picking nothing but the wrong stocks, is to invest in an exchange-traded fund that focuses on the EV market as a whole.

Two of the leading ETFs -- by performance that can satisfy the cautious investor are 1) $Global X Autonomous & Electric Vehicles ETF(DRIV)$ Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV), and 2) KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEMKT:KARS) $KraneShares Electric Vehicles and Future Mobility Index ETF(KARS)$

Source: Motley fool

💰 Stocks to watch today?(23 Dec)

1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Toshies
2022-05-26
Toshies
thats an option too
Shinji Ong
2022-05-27
Shinji Ong
good
Shank88
2022-05-26
Shank88
goner
NPC69
2022-05-26
NPC69
K
Alicelee
2022-05-26
Alicelee
T
Alfred8189
2022-05-26
Alfred8189
Ok

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As more and more investors want in on the party, it can be difficult to determine which stocks will soar like we've seen with Tesla. The possibilities are many, including EV manufacturers, battery makers, lithium producers, and companies that focus on infrastructure. One way to pick the right stock, while also mitigating the risk of picking nothing but the wrong stocks, is to invest in an exchange-traded fund that focuses on the EV market as a whole. 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