Wall Street loves electric cars The future of transportatio | 🚀 Robin Rocket
Wall Street loves electric cars
The future of transportation was a hot topic in 2021. Companies involved in the production of electric cars and batteries, as well as developers of self-driving cars have already demonstrated enviable dynamics.
Looking into 2022, analysts believe there are still a few stocks with exposure per segment that should be at the top of the buy list.
Top ideas according to Wall Street:
Dana $DAN - supplier of auto parts for electric vehicles.
Target price - $28, growth potential +28%
CEVA $CEVA is a supplier of components and various types of equipment for traditional, hybrid and electric cars.
Target price - $60, growth potential +41%
Uber $UBER is the developer of the taxi aggregator of the same name. It is also the operator of the delivery service Uber Eats.
Target price - $67, upside potential +80%
General Motors $GM is the largest American automotive corporation.
Target price - $79, upside potential +35%
Cabot $CBT is a manufacturer of chemicals used in batteries and automotive components.
Target price - $72, upside potential +31%
Plug Power $PLUG is a hydrogen fuel manufacturer.
Target price - $47, upside potential +54%
EnerSys $ENS - manufacturer of wiring and batteries for industrial equipment.
Target price - $105, upside potential +40%
Vontier $VNT - developer of software and various sensors for the automotive industry.
Target price - $43, upside potential +42%
ChargePoint $CHPT - supplier of charging stations for electric cars.
Target price - $31, upside potential +59%
Lyft $LYFT is a taxi aggregator and navigation software developer.
Target price - $67, upside potential +72%
Not an investment recommendation.