Electric vehicles are disrupting this $255 billion sector. Here are the stocks to cash in: UBS

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Electric vehicles are disrupting this sector. Here are the stocks to cash in: UBS

Demand for electric vehicles is expected to boom in the coming decades — and UBS has identified a theme for investors to cash in on that electrification. UBS said that increasing amounts of electronic content within vehicles will lead to new supply chains, as automakers increasingly work directly with semiconductor firms and new tech players.

Read more Wall Street is convinced these stocks will do well this quarter — and Citi gives one 50% upside BofA believes we're already in a recession — and says these stocks have what it takes to beat it Goldman Sachs says the bear market isn't over yet, and explains why German automotive parts supplier Vitesco also made UBS' list.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines