Market

Nuvve vs. Blink: Which Electric Vehicle Stock Is a Better Buy? By StockNews

© Reuters. Nuvve vs. Blink: Which Electric Vehicle Stock Is a Better Buy?

Electric vehicle stocks had an impressive rally in 2020 but have underperformed the broader markets by a considerable margin year to date. EV charging stocks Nuvve Holdings (NVVE) and Blink Charging (BLNK) are also trending lower, which, we think, delivers investors an attractive opportunity to accumulate these growth stocks at a lower price. Read on.Nuvve Holdings (NVVE) and Blink Charging (BLNK) are two U.S.-based electric vehicle (EV) charging companies. Both stocks have underperformed the broader markets in 2021, along with their EV peers.

While Nuvve stock is down 55% from its record highs, Blink Charging stock has lost 43% in the last few months.

We think the price retreat offers investors an enticing buying opportunity, especially for investors that are looking to add EV stocks to their portfolio. So, here we compare the two companies and analyze which is a better buy today.

Continue reading on StockNews

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button