Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Carvana, Context Therapeutics Inc, Inovio Pharmaceuticals, ChargePoint and MSA Safety Inc.
ChargePoint (CHPT -0.95%), a leading builder of electric vehicle charging stations in North America and Europe, has disappointed a lot of investors. It went public by merging with a special purpose acquisition company (SPAC) just over four years ago, and it opened at $32.30 per share on its first day.
With the market reeling over the past week, many investors are no doubt on the hunt for a few good deals. The electric vehicle market holds a lot of long-term promise, even if recent growth hasn't matched previous expectations, and one EV stock that's caught some investors' attention recently is ChargePoint Holdings (CHPT 1.81%).
ChargePoint (CHPT 1.81%) has had a difficult journey since its public debut in 2021. The company initially rode the wave of excitement as the electric vehicle (EV) revolution gained momentum, with automakers pivoting toward EVs, spurring demand for charging infrastructure.
With the current volatility that's roiling the markets, it's easy to find yourself overwhelmed with the flurry of facts and figures. During times like this, in fact, it's best to remember a sage bit of advice: Keep things simple.
Any stocks tied to the electric vehicle (EV) industry have not had a great few months. A realization that the EV revolution will take longer than originally anticipated, and legitimate concerns about a slowing economy and the effects of tariffs, have sent EV stocks tumbling.
The current market downturn is surely rattling the nerves of many investors, but those who have endured bear markets in the past know that it's time like these where great buying opportunities emerge.
Electric vehicle (EV) sales in the United States hit a record high in the fourth quarter of 2024, with virtually every major auto maker -- and several start-ups -- participating in the market. Although you could invest in the sector by choosing one of them, it's important to remember that all those new vehicles need a charging ecosystem to support them.
As demand for electric vehicles (EVs) increases, there will be an increasing need for the infrastructure to support EV use. It isn't enough to just build the cars -- the world also needs the ability to power them.
ChargePoint (CHPT -2.63%) stock is experiencing significant difficulties as electric vehicle sales are growing much slower than forecasted.
ChargePoint Holding (CHPT 1.07%) stock is getting hit from all sides. Shares of the electric vehicle (EV) charging infrastructure company plunged 30.8% in February, according to data provided by S&P Global Market Intelligence, after two unfavorable developments sent panic waves among its investors -- a move by President Donald Trump and a noncompliance notice from the New York Stock Exchange (NYSE).
CHPT's fourth-quarter fiscal 2025 results reflect a year-over-year decrease in loss, improved margins and cost cuts despite a revenue dip.