RIDE - Infrastructure breakdown: Electric vehicle names rally and a few sleepers to watch
Investors are rushing back into electric vehicle stocks after the weekend signing of the bipartisan infrastructure bill. Proterra (PRTA +2.6%), Volta (VLTA +8.4%), GreenPower Motor GP, Electrameccanica Vehicles (SOLO +2.4%), Lordstown Motors (RIDE +5.4%), Electric Last Mile Solutions (MILE -0.2%), Workhorse Group (WKHS +3.4%), Arrival (ARVL +2.9%), Fisker (FSR -0.9%), Ayro (AYRO +7.7%) and Hyzon Motors (HYZN +3.7%), Li-Cycle Holdings (LICY +5.7%), Luminar Technologies (LAZR +4.7%) and AEye (LIDR +2.3%). ChargePoint Holdings (CHPT +9.1%) and Blink Charging (BLNK +9.6%) are also holding on to their early gains. Analysts are busy identifying sleeper picks from the infrastructure bill. Baird has Oshkosh (OSK +0.2%) on its attractive list, Cowen names Landstar Systems (LSTR +0.1%) and Daseke (DSKE +2.0%) as infrastructure winners and Bernstenin is pointing to Trimble (TRMB +1.1%) and United Rentals (URI +1.3%). Catch up on all the latest Tesla news.
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Infrastructure breakdown: Electric vehicle names rally and a few sleepers to watch