With Joe Biden’s administration pushing for clean and renewable energy over the next four years, investors want to know which electric vehicle (EV) ETFs in 2021 will soar… and which ones will end up crashing and burning.
Since the auto industry outperformed the broader market in 2020, many investors like to flock to household names like Tesla and Nio — their ideal choice for EV stocks. But what if I told you I found two understated electric vehicle ETFs that could rake in a profit in 2020?
2 Electric Vehicle ETFs Set to Explode in 2021
Today, I’ve got a special treat for my readers — two electric vehicle ETFs that should see prices accelerate in 2021.
Yesterday was a big day for America: It was the day Joe Biden took office as president and began making decisions that will shape the economy for the next four years.
It’s no secret that Biden’s administration is into renewable energy; it’s a priority for them.
Biden has already announced a goal of building 550,000 electric vehicle charging stations over the next decade. This would help reduce concerns about the time between charges and likely boost the electric vehicle demand in the process.
Folks, you can’t stop technological progress.
And that’s why in today’s video I want to focus on a few major ETFs that are primed to take advantage of a trend that started to emerge long before Biden was elected. And with a few key catalysts now in place, we can expect to see things really heat up in the coming months.
But before that, I think it’s fair for everyone to know why I’m so focused on exchange-traded funds (ETFs) right now. The overall market is becoming increasingly vulnerable to a pullback, especially in the first half of 2021.
Important indicators like the put-to-call ratio and momentum levels appear stretched out, implying that we are likely to see some kind of pullback in the next few months. But you must keep in mind that these are healthy corrections the market needs in order to shake off the weak hands and continue trading higher.
And it just so happens that ETFs respond much better during sell-offs than individual stocks do because they are diversified with multiple assets.
So in other words, instead of trading a single stock like Tesla, an ETF gives you the benefit of having multiple stocks in a similar sector to offset the risk those individual stocks pose.
For example, what happens when Tesla falls 15% of negative news about the company hits the market? Your position also falls…
Right now, a number of individual stocks have high prices and volatility, which is why I’m looking at the list of electric vehicle ETFs for 2021.
Check out my short video below to get the two electric vehicle ETFs that are set to soar in 2021 and don’t forget to leave a comment in the section below.
P.S. There’s a little-known calendar that tracks a list of stocks that have seen huge gains on the same day every year…
For a decade!
Just look at some of the recent calendar signals like… 71% on Tyler Foods in three days in September… 82% on Thermo Fisher in nine days in December… and 168% on Sherwin Williams in nine days in August.
That’s how reliable this secret trading calendar is!
Right now, trading legend Tom Busby has four of these stocks on his radar… and he wants to give them to you for free!