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VWAGY - There's An EV Bubble
March, 04 2021 08:00 AM
Volkswagen AG ADR Repstg 1/10th Sh
The automobile company is not an overly attractive industry for investors; this also, in general, holds true for EV stocks. EVs have their specific problems on top of that, including concerns about commodity availability. Yet, EV stocks are priced for perfection. Even with a lot of growth assumed for the future, many EV pureplay stocks look too expensive. A comparison between EV pureplay stocks and legacy auto with a growing EV business shows that the EV sector is overvalued. For further details see:
There's An EV Bubble
Stock Information
Company Name:
Volkswagen AG ADR Repstg 1/10th Sh
Stock Symbol:
VWAGY
Market:
OTC
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