If you want game-changing gains in your investment portfolio, you are going to have to take some risks. You also have to accept that game-changing results can take substantial time to come to fruition.
What doesn't seem to be risky right now is predicting that the future of the automotive industry is electric vehicles (EVs). In the U.S., EV sales have jumped more than 40% on average annually since 2016. Some experts are predicting that the largest auto markets around the world could be fully electric as soon as 2035.
For investors, one way to capitalize on this trend while lowering your risk of picking the wrong up-and-coming EV manufacturer somewhat is to focus on an EV supplier offering immense value to multiple auto manufacturers. Two supplier-focused stocks that offer that opportunity are QuantumScape (NYSE: QS) and Aptiv (NYSE: APTV) . Either could be a stock to buy for 2022 and beyond.
For further details see:
2 Auto Stocks to Buy for 2022 and Beyond