Down Over 67% From All-Time Highs, Are EV Stocks ChargePoint Or EVgo Buys?

Daniel Foelber and Howard Smith, The Motley Fool

January 25, 2022 at 10:01 a.m.·4 min read

Down Over 67% From All-Time Highs, Are EV Stocks ChargePoint Or EVgo Buys?

Electric vehicle (EV) charging infrastructure stocks ChargePoint Holdings (NYSE: CHPT) and EVgo (NASDAQ: EVGO) have gotten caught up in the growth stock sell-off that has swept through the U.S. stock market. Similarly, many EV stocks, such as Rivian Automotive (NASDAQ: RIVN), fell over 30% in just the first three weeks of 2022. Investors looking for pick-and-shovel plays in the EV industry may consider buying the dip in ChargePoint or EVgo.

KCRA - Sacramento Videos
What to know about northern lights in California
Parts of the country, including Northern California, could see the Northern Lights on Friday because of a severe solar storm.
USA TODAY
Toddler dies in first US hot car death of 2024. Is there technology that can help save kids?
After a 3-year-old becomes the first hot car death of 2024, tensions grow over what technology could have saved her.
Miami Herald
When the Panthers needed it most, the power play came through in Game 3 win vs Boston
The Panthers scored four power-play goals to build a lead they wouldn’t relinquish and take a 2-1 series lead on the Bruins.
Reuters
UPDATE 1-US energy secretary to visit Saudi Arabia, UAE next week, officials say
U.S. Energy Secretary Jennifer Granholm will visit Saudi Arabia and the United Arab Emirates next week to work on "climate co-operation" and other issues, two Biden administration officials told Reuters on Friday. The visit will run from Tuesday through Thursday, with Granholm visiting the UAE first, one of the officials said. "Specifically, for the Department of Energy, it will move forward work both countries are doing on climate cooperation and to diversify the energy economy."
Associated Press
Somalia wants to terminate the UN political mission assisting peace efforts in the country
Somalia is asking the United Nations to terminate its political mission in the country, which has been assisting the government to bring peace and stability in the face of attacks by the al-Qaida-linked extremist group al-Shabab. In a letter to the Security Council and Secretary-General Antonio Guterres obtained Friday by The Associated Press, Somali Foreign Minister Ahmed Moalim Fiqi said the decision followed “a thorough consideration of our strategic priorities.” The current mandate of the mission, known as UNSOM, expires Oct. 31 and Fiqi asked for “the swift conclusion of the necessary procedures for the termination of the mission by the end of the mandate.”
Insider Monkey
15 Best Places in Maryland For A Couple To Live On Only Social Security
This article takes a look at the 15 best places in Maryland for a couple to live on only Social Security. If you wish to skip our detailed analysis on the future of Social Security in the US, you may go to 5 Best Places in Maryland for a Couple to Live on Only Social […]
The Canadian Press
A cyberattack forces a big US health system to divert ambulances and take records offline
TOPEKA, Kan. (AP) — A cyberattack on the Ascension health system operating in 19 states across the U.S. forced some of its 140 hospitals to divert ambulances, caused patients to postpone medical tests and blocked online access to patient records. An Ascension spokesperson said it detected “unusual activity” Wednesday on its computer network systems. Officials refused to say whether the non-profit Catholic health system, based in St. Louis, was the victim of a ransomware attack or whether it had
NBA.com
Top Plays vs. New York Knicks
Top Plays vs. New York Knicks, 05/10/2024
KCRA - Sacramento Videos
Mulvaney's B&L ready for Terra Madre festival in Sacramento
On Monday, May 20, winemakers from more than 30 wineries from the United States and Central and South America are invited to attend an exclusive, invite-only event at Mulvaney’s B&L.
BBC
Northern Lights in dazzling display across the UK
A solar storm of this scale can cause disruptions to infrastructure such as the power grid.
KCRA - Sacramento Videos
Placer County officials stress river safety during warm weekend
Placer County officials are warning residents and visitors of cold, fast-moving water in local rivers.
The Canadian Press
Irvin sharp again for the Orioles, and Kimbrel pitches in the 7th inning of a 4-2 win over Arizona
BALTIMORE (AP) — Cole Irvin pitched into the sixth inning in another effective start, and a reshuffled bullpen held on for the Baltimore Orioles in a 4-2 victory over the Arizona Diamondbacks on Friday night. Struggling reliever Craig Kimbrel was taken out of the closer's role for this game, but he worked a perfect seventh inning. Jacob Webb retired two batters in the eighth, but then walked a batter. Cionel Pérez came on and hit pinch-hitter Joc Pederson with a pitch before Eugenio Suárez hit a
NBA.com
Myles Turner throws it down!
Myles Turner throws it down!, 05/10/2024
NBA.com
Tyrese Haliburton with a 2 Pt vs. New York Knicks
Tyrese Haliburton (Indiana Pacers) with a 2 Pt vs. New York Knicks, 05/10/2024
NBA.com
Andrew Nembhard knocks it down as the clock expires
Andrew Nembhard knocks it down as the clock expires, 05/10/2024
The Guardian
Australia’s support for UN resolution on Palestinian membership ‘not recognition of statehood’
Penny Wong reiterates support for eventual two-state solution after watered-down resolution passed by general assembly
NBA.com
Nice dish from Obi Toppin
Nice dish from Obi Toppin, 05/10/2024
NBA.com
Alec Burks gets the And-1
Alec Burks gets the And-1, 05/10/2024
NBA.com
T.J. McConnell with a 2 Pt vs. New York Knicks
T.J. McConnell (Indiana Pacers) with a 2 Pt vs. New York Knicks, 05/10/2024
NBA.com
Pascal Siakam scores and draws the foul
Pascal Siakam scores and draws the foul, 05/10/2024

Latest Stories