Published on 14 Mar 2024 on Insider Monkey via Yahoo Finance
In this piece, we will take a look at the 13 most undervalued EV stocks to buy according to analysts. If you want to skip our overview of the global electric vehicle industry and the latest trends, then you can take a look at the 5 Most Undervalued EV Stocks To Buy According To Analysts.
While some high growth sectors such as high performance computing, cloud networks, and data centers have seen robust performance in 2024 particularly when artificial intelligence is thrown into the mix, others like clean energy have struggled in the changed global monetary environment.
The aftermath of the pandemic era government spending and the Russian invasion of Ukraine's effects on monetary policy has made it difficult for firms to find capital to fund their expensive manufacturing plants and for consumers to squeeze in pricey electric vehicle purchases in their budgets.