Published on 19 Sep 2024 on Insider Monkey · via Yahoo Finance
Ultralife Corporation (ULBI): One of the Best Battery Stocks to Buy According to...
We recently compiled a list of the 10 Best Battery Stocks To Buy Now According to Short Sellers. In this article, we are going to take a look at where Ultralife Corporation (NASDAQ:ULBI) stands against the other battery stocks.
Electric vehicles are the latest trend in the automotive market which is revolutionizing the whole industry. According to Grand View Research, the global electric vehicle (EV) market was valued at $1.07 trillion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 33.6% from 2024 to 2030 and reach $8.85 trillion by the end of the forecast.