Charge Up Your 2024 Portfolio With These 3 EV Charging Stocks

Like
1
Favorite

Charge Up Your 2024 Portfolio With These 3 EV Charging Stocks

InvestorPlace2023-12-15

These EV charging stocks reflect the sector’s dynamic potential amidst a shift to electric vehicles. EVgo (EVGO): EVgo’s strategic alliances position it to expand rapidly, strengthening its presence ...

Source Link

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.

Report

Comment（1）

LnP
·2023-12-16
Ev
Reply
Like
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2391368430?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-12-15 06:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2391368430","market":"us","top_or_hot":-1,"title":"Charge Up Your 2024 Portfolio With These 3 EV Charging Stocks","media":"InvestorPlace","content":"<div>\n<p>These EV charging stocks reflect the sector’s dynamic potential amidst a shift to electric vehicles.\nEVgo (EVGO): EVgo’s strategic alliances position it to expand rapidly, strengthening its presence ...</p>\n\n<a href=\"https://investorplace.com/2023/12/charge-up-your-2024-portfolio-with-these-3-ev-charging-stocks/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Charge Up Your 2024 Portfolio With These 3 EV Charging Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCharge Up Your 2024 Portfolio With These 3 EV Charging Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-15 06:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/12/charge-up-your-2024-portfolio-with-these-3-ev-charging-stocks/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These EV charging stocks reflect the sector’s dynamic potential amidst a shift to electric vehicles.\nEVgo (EVGO): EVgo’s strategic alliances position it to expand rapidly, strengthening its presence ...</p>\n\n<a href=\"https://investorplace.com/2023/12/charge-up-your-2024-portfolio-with-these-3-ev-charging-stocks/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://investorplace.com/2023/12/charge-up-your-2024-portfolio-with-these-3-ev-charging-stocks/","article_id":"2391368430","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2391368430","pubTimestamp":1702593346,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"Identify the best EV charging stocks primed for growth with the potential for multibagger returns over the long haul.","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4579":"人工智能","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4503":"景林资产持仓","QID":"纳指两倍做空ETF","BK4574":"无人驾驶","BK4561":"索罗斯持仓",".IXIC":"NASDAQ Composite","BK4581":"高盛持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BEEM":"Beam Global","EVGO":"EVgo Inc.","BLNK":"Blink Charging","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0238689110.USD":"贝莱德环球动力股票基金","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","QLD":"纳指两倍做多ETF","LU0072462426.USD":"贝莱德全球配置 A2","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","AMZN":"亚马逊","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","BK4592":"伊斯兰概念","LU0080751232.USD":"富达环球多元动力基金A","QQQ":"纳指100ETF","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","DCFC":"Tritium DCFC Limited","BK4214":"汽车零售","SQQQ":"纳指三倍做空ETF","PSQ":"纳指反向ETF","BK4585":"ETF&股票定投概念","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4507":"流媒体概念","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","GM":"通用汽车","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","TQQQ":"纳指三倍做多ETF","BK4524":"宅经济概念","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4527":"明星科技股","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD"},"translate_title":"用这3只电动汽车充电股票为你的2024年投资组合充电","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":1,"DCFC":1,"BLNK":1,"EVGO":1,"GM":1,"BEEM":1,".IXIC":0.8,"TQQQ":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"QQQ":0.6,"SQQQ":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"These EV charging stocks reflect the sector’s dynamic potential amidst a shift to electric vehicles.\nEVgo (EVGO): EVgo’s strategic alliances position it to expand rapidly, strengthening its presence in the EV charging industry.\nBlink Charging (BLNK): With over 5,500 chargers globally, particularly DC fast chargers, BLNK demonstrates a formidable presence in the EV charging landscape.\nBeam Global (BEEM): Beam Global’s recent acquisition and financial results underline its growth potential.\n\n\n\n\n\n \n\nSource: shutterstock.com/Nixx Photography\n\n\n\nThe EV charging market is one of the fastest-growing niches in transportation. Despite the lackluster showing in some of the best EV charging stocks, these holdings still show incredible promise. In fact, 33 million EVs are expected on U.S. roads by 2030, and the global EV market is forecasted to reach $561.3 billion in 2023, a predicted 10% annual rate through 2028. That systematic increase highlights the growing demand for EVs and the critical importance of charging infrastructure in supporting this expansion.\nFurthermore, with the rising preference for EVs over traditional combustion engine vehicles, the need for an extensive charging network is becoming increasingly clear. The trend towards EVs marks a pivotal shift in transportation, emphasizing the critical role of developing a strong EV charging infrastructure to support and sustain this growing shift in consumer behavior.\nEVgo (EVGO)\nSource: Tada Images / Shutterstock.com\nEVgo (NASDAQ:EVGO) is reshaping the U.S. EV landscape with its General Motors (NYSE:GM) alliance and Pilot Travel Centers. That strategic move aims to bolster national EV infrastructure, starting with over 25 fast chargers by this year’s end and expanding to around 200 by the conclusion of next year, accelerating EVgo’s pace in the EV charging sphere.\nMoreover, the firm collaborated with Amazon (NASDAQ:AMZN) in developing an Alexa-integrated EV charging experience. That innovation will enable EV drivers to utilize Alexa for assistance in locating nearby EV charging stations and facilitating payment for charging at EVgo stations. Furthermore, EVgo posted robust results in its most recent quarterly showing, with earnings per share of negative nine cents, surpassing estimates by seven cents. Impressively, its revenue soared to $35.1 million, a 234% bump year-over-year. Despite posting such tremendous results, the stock is down 22% year-to-date and remains ripe for the picking ahead of a more conducive market for growth stocks in 2024.\nBlink Charging (BLNK)\nSource: David Tonelson/Shutterstock.com\nBlink Charging (NASDAQ:BLNK), a dominant force in the U.S. EV charging station market, made impressive strides by deploying more than 5,500 chargers globally. That expansion, fueled significantly by rising sales of DC Fast Chargers (DCFC), marks a pivotal step in the company’s growth.\nFurthermore, Blink Charging’s third-quarter 2023 performance is notably outstanding. The company’s revenue surged by 152% year-over-year, reaching a record high of $43.4 million. That significant growth is primarily attributed to product sales, which rose by 162% to $35.1 million, a substantial increase from $13.4 million in the same period last year. The robust sales of DCFC are a key driver of this stellar growth.\nFurthermore, Blink raised its revenue guidance for 2023, elevating the projection to a revised range of $110 million to $120 million, up from the earlier forecast of $100 million to $110 million. Additionally, the company anticipates an approximate 30% increase in full-year margins, with prospects of even greater expansion anticipated in 2024.\nBeam Global (BEEM)\nSource: shutterstock.com/Larich\nBeam Global (NASDAQ:BEEM), renowned for its off-grid solar-powered EV charging solutions, recently achieved a significant milestone. It recently acquired Amiga DOO Kraljevo, a Serbian company known for its expertise in renewable energy and sustainable technologies. That move not only amplifies its influence in the European market but also effectively heightens entry barriers for potential rivals.\nFinancially, BEEM’s third-quarter results revealed GAAP earnings per share of a negative 26 cents, beating the estimates by 7 cents, alongside a remarkable sales bump of $16.5 million, a 149.4% rise year-over-year. Additionally, the company boasts a backlog of over $31 million, with its sales team consistently turning portions of its $100 million-plus pipeline into additional backlog, indicative of its robust prospects.\nFurthermore, BEEM’s commitment to innovation is evident in its resilient charging systems and the Emergency Power Panel, crucial for first responders in crises. These advancements reflect the company’s dedication to reliable, sustainable solutions essential for today’s evolving energy and emergency response needs.\nOn the date of publication, Muslim Farooque did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nMuslim Farooque is a keen investor and an optimist at heart. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelor’s of science degree in applied accounting from Oxford Brookes University.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2023/12/charge-up-your-2024-portfolio-with-these-3-ev-charging-stocks/.\n©2023 InvestorPlace Media, LLC","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":252532310048960,"gmtCreate":1702664277860,"gmtModify":1702664282347,"author":{"id":"3585637503855433","authorId":"3585637503855433","authorIdStr":"3585637503855433","name":"LnP","avatar":"https://static.tigerbbs.com/2fba0ec45b68bd78f8c489be018b5c2b","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3585637503855433"},"htmlText":"Ev","listText":"Ev","text":"Ev","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/252532310048960","repostId":2391368430,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}