Site icon The Next Avenue

Here’s Why General Motors Could Be the Best Electric Vehicle Stock

Read The Full Article On: Fool

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

There certainly hasn’t been a shortage of high-flying electric vehicle (EV) stocks recently. However, the best way to invest in EVs might not be to buy an initial public offering (IPO) company that produces EV batteries or the latest EV manufacturer to go public via a special purpose acquisition company (SPAC) merger. Instead, the best play could end up being General Motors (NYSE:GM), which is going all-in on electric and autonomous vehicle technology. In this Fool Live video clip, recorded on Feb. 11, Fool.com contributors Matt Frankel, CFP, and Brian Withers discuss GM’s recent results and electric vehicle ambitions. 

Should you invest $1,000 in General Motors Company right now?

Before you consider General Motors Company, you’ll want to hear this.

Investing legends and Motley Fool Co-founders David and Tom Gardner just revealed what they believe are the 10 best stocks for investors to buy right now… and General Motors Company wasn’t one of them.

The online investing service they’ve run for nearly two decades, Motley Fool Stock Advisor, has beaten the stock market by over 4X.* And right now, they think there are 10 stocks that are better buys.

Exit mobile version