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Best Stock to Buy: Nio vs. Rivian vs. ChargePoint

By Parkev Tatevosian, CFA – Mar 21, 2023 at 8:00AM EST

Each of these EV stocks offers a unique way to capitalize on the growth of the industry.

Nio (NIO +1.22%), Rivian (RIVN +10.70%), and ChargePoint (CHPT +0.41%) might all be excellent options for electric vehicle investors. But in this video, I will evaluate these three EV stocks and determine the single best stock to buy now.

*Stock prices used were the afternoon prices of March 18, 2023. The video was published on March 20, 2023.

Read Next

About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nio. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Rivian Automotive Stock Quote

Rivian Automotive

NASDAQ: RIVN
$22.45 (+0.11%) $+2.17
Nio Stock Quote

Nio

NYSE: NIO
$4.99 (+0.01%) $+0.06
ChargePoint Stock Quote

ChargePoint

NYSE: CHPT
$7.32 (+0.00%) $+0.03

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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