According to Hoium, investments in firms on the infrastructure side make sense, so putting money in companies like AeroViroment and General Electric is a sure-fire way to see a quick return on your investment.
A bit riskier, but still cautiously advised by Hoium, is to invest in battery manufacturers, including A123 Systems, that have supply deals with commercial fleets. Hoium suggests this type of risky investment could go sour or land you with loads of cash. So, a typical risk.
But the sure bet is Tesla, says Hoium. The automaker produces vehicles, has signed a supply agreement with Toyota and remains on track in its development of the Model S. And, as the chart posted above shows, Tesla’s stock prices continue to slowly rise.
Motley Fool’s so-called “Foolish bottom line” says it’s wise to avoid, at least for now, mass-market electric vehicle manufacturers, including General Motors, Ford and Nissan. The reason is that slow sales of plug-in vehicles thus far, “could be part of a larger picture that buyers just aren’t ready for an ‘every man’ electric vehicle.” There’s a good case to be made that everyone is making too much of early sales, but the Fools have spoken.
Once again, we’d like to give an obvious disclaimer: AutoblogGreen is an automotive site, not a financial one. The views and opinions expressed above are those of Motley Fool’s Travis Hoium. We don’t give stock advice, we just pass along relevant and interesting tidbits when we find them.
