Each of these companies is in a position to benefit from rising electric vehicle sales.
Ford (F 0.69%) is ramping up production of EVs, while ChargePoint (CHPT -2.33%) is expanding production capacity. Fool.com contributor and finance professor Parkev Tatevosian chooses his favorite stock between the two.
*Stock prices used were the afternoon prices of May 20, 2023. The video was published on May 22, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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 fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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