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Best EV Stock 2024: QuantumScape Stock vs. Canoo Stock

QuantumScape and Canoo are both innovative companies in their own right, but only one can be the best EV stock to buy.

By Parkev Tatevosian, CFA – Jan 16, 2024 at 4:19PM EST

Fool.com contributor Parkev Tatevosian compares QuantumScape (QS 1.07%) and Canoo (GOEV +70.00%) to determine which is the better buy for long-term investors.

*Stock prices used were the afternoon prices of Jan. 14, 2024. The video was published on Jan. 16, 2024.

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 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 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

QuantumScape Stock Quote
QuantumScape
NASDAQ: QS
$6.93
(-1.00%)-$0.07
Canoo Stock Quote
Canoo
OTC: GOEVQ
$0.01
(+70.00%)+$0.00

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

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