Buy these 3 battery stocks to play the electric-vehicle party, but stay away from this company, says UBS

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Analysts at Swiss bank UBS are now predicting that electric vehicles will penetrate 100% of the automobile market by 2040. So which stocks should you buy? Think these 3 battery stocks, they say:

Despite the recent selloff in electric-vehicle stocks like Tesla TSLA, -3.78% and Nio NIO, -2.98%, there is still intense investor interest in the sector, with demand for electric vehicles expected to climb dramatically over the next decades.

Also read: Tesla stock price target more than doubled at UBS, as longtime skeptic sees EV leader ‘winning’ in software Plus: Tesla and Nio have sold off, but the EV party is just getting started and China is key, say these analysts The UBS analysts are bullish on three electric-vehicle battery stocks, and warn investors to stay away from one in particular.

 

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Told this over and over last 20 years. Wont happen. Building replacement cars eats tons of co2.

Laughable forecast, wishful thinking beyond reason! Even ‘advanced’ countries with ‘no new ICE sales after 2030’ will still have Ms of used ICEVs in the parc, while countries that cannot afford new EVs and infrastructure will still be building ICEVs, on ‘hand me down’ tooling!

$QS

what are the 3 stocks? can't read article because I'm poor

All uranium stocks.

$WWR

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