The 7 best stocks to buy and trade in the electric car sector
In the recent past, the shares of electrical cars became very fashionable, and thus, to require advantage of this subject, we present to you, through the trading experts from Everest, the simplest of those companies that you simply might want to trade.
Before you get to understand these companies, it's important to understand that interest during this sector began to scale back the environmental pollution caused by cars that require fuel!
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| What are the best shares of trading companies in the electric car sector? |
Tesla TSLA
Tesla shares became very fashionable during the last year because the share price rose tons and therefore the company had to separate the share into several shares to scale back its price.
Despite the Tesla shares split, the share price didn't decline but continued to rise, reaching nearly $900 before the recent decline within the market as an entire.
It is worth noting that Tesla doesn't only manufacture electric cars, but also manufactures batteries.
Honeywell International Corporation (NYSE: HON)
Honeywell International may be a global conglomerate providing electric vehicle charging services. The company's market capitalization is currently $142.7 billion.
Over the past 12 months, it generated a return of 12.49% and settled at $203.57 per share at the top of February 12th.
As of the top of the fourth quarter of 2020, ARK Investment Management owns 37,476 shares of Honeywell International, valued at $7.97 million.
Magna International Inc. (NYSE: MGA)
This company manufactures mobility technology for car manufacturers. the corporate is currently specialize in investing in AI (AI) to supply more high-end electric vehicles.
Magna International features a market price of $23.5 billion. it's managed to get an honest 53.92% return within the past 12 months and its stock settled at $77.90 per share at the top of February.
Rockwell Automation, Inc. (NYSE: ROK)
It is a corporation that gives industrial automation and knowledge technology. the corporate is committed to industrial automation and knowledge to supply sustainable, more efficient cars and other products to its customers.
Rockwell recently opened the electrical Vehicle Innovation Center in Silicon Valley to supply education for manufacturers who want to find out new technologies. Rockwell currently features a market capitalization of $29.1 billion.
Over the past 12 months, it's generated a 24.78% return and its stock settled at $249.18 per share at the top of February 12th.
New Technologies Inc. (NASDAQ: NIU)
is a Chinese electric scooter company. The entry-level Niu scooter is priced within the mid-$2000 range.
Niu Technologies currently features a market capitalization of $3.7 billion. Over the past 12 months, it's managed a powerful return of 424.36% and its stock settled at $49.01 per share at the top of February 12th.
Company Xilinx، Inc. (NASDAQ: XLNX)
It is a manufacturer of small parts for the transportation sector and provides services and technologies for electric vehicles like electric vehicle management electronic control units, charger, battery management systems, and motor drive control.
Xilinx features a market capitalization of $34.9 billion. Over the past 12 months, it's managed to form an honest return of 57.70% and settled at $145.75 per share at the top of February 12th.
Company BYD Company Limited (OTCMKTS: WILL)
BYD is an automobile manufacturer in China. It also produces bicycles, buses, solar panels, trucks, and rechargeable battery packs.
BYD Ltd.'s market capitalization is currently $111.6 billion. Over the past 12 months, the corporate has generated a whopping 506.90% return and its stock settled at $34.22 at the top of February 12th.
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