ChargePoint Stock: 2 Cash-Cow Stocks Better in Almost Every Way

By Jason Hall and Tyler Crowe – Apr 30, 2023 at 6:12AM

NYSE: CHPT

ChargePoint

Market Cap

$538M

Today's Change

(0.79%) $0.01

Current Price

$1.27

Price as of April 26, 2024, 4:00 p.m. ET

It's been months since investors got an update, and there are some critical things to learn.

EVs are taking the world by storm, and we will need a lot more places to charge them. That's led a lot of people to ChargePoint Holdings (CHPT 0.79%) and Blink Charging (BLNK 4.76%) stocks. The problem: Neither has ever come close to making money. Motley Fool contributors Jason Hall and Tyler Crowe think that's going to continue. In this video, they make the case for BorgWarner (BWA 1.13%) and Enphase Energy (ENPH 3.80%) as better -- already profitable -- investments in the future of EV charging.

*Stock prices used were from the afternoon of April 25, 2023. The video was published on April 30, 2023.

Jason Hall has no position in any of the stocks mentioned. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool recommends BorgWarner and Enphase Energy. The Motley Fool has a disclosure policy.

Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.