Electric vehicle stocks come in all shapes and sizes. This powerful investing trend has a few other plays in common that escape most investors — including backdoor ways to bank on surging EV stocks.
For those who understand the connection, there’s a ticket to potential 100% gains over the next 12-18 months on one stock that few are looking at.
Before I tell you the ticker, let’s go over a couple of facts.
We all know about the powerful electric motors behind today’s EVs. But what connects those motors and on-board electronics?
The average EV contains about 180 pounds of copper. By comparison, the average gas-powered vehicle uses as little as 18 to 50 pounds.
EVs of course also require massive batteries. Most use lithium. One EV might have as much as 22 pounds of lithium. Nickel is another growing battery metal, with smaller amounts of cobalt, cadmium, graphite and silicon in the mix.
Let’s think about where the world will be 10 years from now. If we are heading into an EV future — with surging EV stocks in tow — as the experts predict…
So we’re going to need a lot more copper… a lot more nickel… and many other industrial metals in order to transition into an EV future supplied by renewable energy sources.
How do we profit from that?
Check out my short video below and I’ll give the full details, including the ticker, on a backdoor play for surging EV stocks. Then let us know your thoughts in the comments below.
P.S. Electric vehicle stocks — and backdoor ways to play surging EV stocks — come in all shapes and sizes. But this powerful investing trend has a few other things in common that escape most investors.
Which is too bad. Because for those who understand the connection, there’s a ticket to potential 100% gains over the next 12-18 months on one stock that few are looking at.
This company recently completed a top-to-bottom review of its entire corporate structure, cutting jobs, restating financial numbers from prior years and rethinking how it bids on some kinds of multi-billion dollar contracts.
As a result, the stock has started moving higher again. In fact, the shares have tripled in price since the bottom of the pandemic back in March.
And I think there’s more to go.