|Bid||58.70 x 1200|
|Ask||59.40 x 800|
|Day's Range||58.66 - 59.30|
|52 Week Range||22.08 - 74.83|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-4.70%|
|Beta (5Y Monthly)||1.42|
|Expense Ratio (net)||0.75%|
Online broker Robinhood has changed the game for retail investing by making it easier for investors to participate in the stock market. Launched in 2015, its trading app has gained considerable popularity since the onset of the pandemic, launching several Robinhood stocks to buy higher as the platform expands. Recent research by Michael S.Pagano of Villanova University, Pennsylvania, concludes, “Using data on stocks held by individual investors at retail brokerage firm Robinhood, we document that these investors are actively engaged in both momentum and contrarian trading strategies.” The broker is well-known for offering “free” trades, but it generates income via payment for order flow. Essentially, when a person trades on the app, Robinhood sends that trade to a larger entity, which is able to leverage thousands of orders at once for a slight advantage. The larger entity then compensates Robinhood for the orders.” In addition to this payment-for-order flow structure, the broker earns revenue through margin fees and cash balance interest.InvestorPlace - Stock Market News, Stock Advice & Trading Tips 8 Stocks to Buy for March Robinhood is likely to keep making headlines in 2021 as retail investors move their capital to the platform. With that information, here are seven Robinhood stocks to watch in the coming months: Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) Nvidia (NASDAQ:NVDA) Plug Power (NASDAQ:PLUG) Starbucks (NASDAQ:SBUX) Tilray (NASDAQ:TLRY) Uber Technologies (NYSE:UBER) Zoom Video Communications (NASDAQ:ZM) Market volatility and increased retail interest in investing and trading has seen Robinhood’s business increase significantly. Earlier in February, the company announced that it raised $3.4 billion in funding. Its valuation is fast approaching $40 billion. The gamechanger is here to stay. Robinhood Stocks to Buy: Global X Lithium & Battery Tech ETF (LIT) Source: Olivier Le Moal/ShutterStock.com 52-Week Range: $17.83 – $74.83 1 year % change: Up about 95% Dividend Yield: 0.38% Total Expense Ratio: 0.75% The Global X Lithium & Battery Tech ETF invests in business that focus on the full lithium supply chain, i.e. from mining and refining the metal all the way to battery production. LIT, which tracks the Solactive Global Lithium Index, has 40 stock holdings and since its inception in July 2010, net assets have reached $3 billion. 2020 saw immense consumer and investor interest in electric vehicles (EV) and alternative energy sources. As lithium is preferred over lead-acid batteries, lithium stocks have benefited significantly in the past year. For instance: “Charging a lead-acid battery can take more than 10 hours, whereas lithium ion batteries can take from 3 hours to as little as a few minutes to charge, depending on the size of the battery.” As far as sectors are concerned, funds are distributed among Materials (42.7%), Industrials (28.5 %), Consumer Discretionary (16.3%) and Information Technology (11.3%), among others. Over 60% of the holdings are in the top ten stocks. Chinese firms comprise 43.9% of the holdings, followed by stocks from the U.S. (21.8%), South Korea (12.0%), Japan (6.6%) and others. Leading names in the fund are Albemarle (NYSE:ALB), Ganfeng Lithium (OTCMKTS:GNENF), Byd (OTCMKTS:BYODY), Samsung and Eve Energy. Given the significant increase in price, LIT is likely to come under pressure in the coming weeks. However, buy-and-hold investors should regards dips in price as opportunity the into the fund. Nvidia (NVDA) Source: Steve Lagreca / Shutterstock.com 52-week range: $180.68 – $614.90 1-year price change: Up about 92% Dividend yield: 0.11% California-based chip darling Nvidia focuses on personal computer (PC) graphics, graphics processing units (GPUs) and artificial intelligence (AI). The group operates through two segments: GPU and Tegra Processor. Its GPU product brands are aimed at specialized markets, including GeForce for gamers; Quadro for designers; Tesla and DGX for AI and big data researchers; and GRID for cloud-based visual computing users. Put another way, the company has a strong product portfolio, which has been the catalyst behind the recent sales growth. Nvidia reported record revenue of $4.73 billion for the third quarter, up 57% from $3.01 billion a year earlier. Non-GAAP net income was $1.83 billion, a 66% increase YoY. Non-GAAP earnings per diluted share were $2.91, up 63% from $1.78 a year earlier. Free cash flow was $806 million, down 48% YoY. CEO Jensen Huang said: “NVIDIA is firing on all cylinders, achieving record revenues in Gaming, Data Center and overall. We are continuing to raise the bar with NVIDIA AI. We swept the industry AI inference benchmark, and our customers are moving some of the world’s most popular AI services into production, powered by NVIDIA technology.” 8 Stocks to Buy for March NVDA stock’s forward P/E and P/S ratios are 48.08 and 22.98, respectively, pointing to a frothy valuation level. A potential decline toward the $525 level would improve the margin of safety. The work from home trend may take a breather as the economy opens up further. Yet, Nvidia remains one of the most important chip names that belong in a growth portfolio. Plug Power (PLUG) Source: Halfpoint/ShutterStock.com 52-week range: $2.43 – $67.00 1-year price change: Up 57.81% Plug Power develops hydrogen fuel cell systems for the industrial market. Recent months have seen increasing enthusiasm for hydrogen as “a clean fuel that, when consumed in a fuel cell, produces only water, electricity and heat. Hydrogen and fuel cells can play an important role in our national energy strategy, with the potential for use in a broad range of applications, across virtually all sectors — transportation, commercial, industrial, residential, and portable.” An important part of Plug Power’s revenue comes from selling fuel-cells for forklifts used in warehouses by retail giants Amazon (NASDAQ:AMZN) and Walmart (NYSE:WMT). According to the most recent quarterly results, net revenue was $83.5 million, compared to $38.9 million a year ago. GAAP net loss increased to $39.4 million, compared to $18.1 million in Q3 2019. GAAP net loss per share came at 11 cents. A year prior, it was 8 cents. Cash and equivalents were $731.4 million, compared to $198.3 million a year earlier. CEO Andy Marsh said, “I’d like to highlight our operational performance. Company achieved $126 million in gross billings. This represents 106% increase from the third quarter of 2019. This quarter is a strong validation of our business model in years to come.” PLUG stock’s P/B and P/S ratios are 42.09 and 49.50, respectively. In the case of short-term profit-taking, buy-and-hold investors might find better value around $42.50. The company hopes to achieve $1.2 billion in annual sales by 2024. Although that is an ambitious number that might prove difficult to reach in a couple of years, Plug Power has long-term tailwinds to support the share price. Starbucks (SBUX) Source: monticello / Shutterstock.com 52-week range: $50.02 – $107.75 1-year price change: Up about 16% Dividend yield: 1.78% Specialty-coffee retailer Starbucks needs little introduction. SBUX serves customers with its company-owned and licensed locations, both in the U.S. and worldwide. However store closures due to the pandemic have negatively affected foot traffic and sales. In late January, Starbucks’s released Q1 earnings. Revenue was $6.7 billion, showing a 5% YoY decrease. Management mainly pointed the finger at Covid-19 for the decline. On the other and, analysts were pleased that the group opened 278 net new stores in Q1 FY21, a 4% YoY unit growth. Earnings came at $622.2 million, a 29.8% drop from the prior year. Non-GAAP earnings per share fell from 79 cents to 61 cents. CEO Kevin Johnson cited, “Investments in our partners, beverage innovation and digital customer relationships continued to fuel our recovery and position Starbucks for long-term, sustainable growth.” 8 Stocks to Buy for March SBUX stock’s forward price-earnings and price-sales ratios are at 36.4 and 4.12, respectively. As economies worldwide continue to open up, I expect Starbucks to get back its customers and sales to rebound. Long-term investors could buy the dips. Tilray (TLRY) Source: Jarretera / Shutterstock.com 52-week range: $2.43 – $67.00 1-year price change: Up about 36% Dividend yield: N/A Canada-headquartered cannabis producer Tilray has been making headlines in recent weeks. In mid-December, the group announced an upcoming merger with another Canadian pot marijuana business, Aphria (NASDAQ:APHA). The combined entity will become the largest pot company in the world, based on pro forma revenue. Following the news TLRY stock hit a 52-week high of $67 in February. However since then, profit-taking has kicked it and shares are now around $26. Tilray announced Q4 and 2020 year end financial results on Feb. 17. Accordingly, total revenue increased to $56.6 million, up 20.5% compared to the fourth quarter of 2019. Net loss was $3.0 million, or 2 cents per share. A year ago, the comparable numbers were a net loss of $219.8 million and losses of $2.14 per share. Although the metrics showed increased revenue in the company’s cannabis segment, analysts concur that neither the Canadian recreational/adult segment nor the international or Canadian medical segments are large enough to provide further sustained support to the stock price. In fact, investors decided to hit the “sell” button following the results. After the U.S. Presidential election in November, pot stocks took center stage, contributing to the rapid rise in price. Now volatility seems to be back for the sector as the market wonders whether U.S. legalization is indeed in the cards soon. Therefore, we are likely to see wild price swings in most marijuana names, including TLRY stock. Interested investors should regard declines toward $20 or below as better entry points. Uber Technologies (UBER) Source: NYCStock / Shutterstock.com 52-week range: $13.71 – $64.05 1-year price change: Up about 37% San Francisco, California-based Uber’s platform matches carriers with customers to move people, food and things through cities, both stateside and overseas. The platform is best known for its Uber ride-hailing app, but despite the declines in taxi rides during the pandemic, Uber’s food delivery business was a bright star for the company’s bottom line. According to quarterly metrics announced on Feb. 20, Q4 revenue was $ 3.2 billion, down 16% YoY. Net loss was $968 million, an improvement of 12% compared the loss of $1.09 million a year ago. Net loss included $236 million in stock-based compensation expense. Diluted loss per share was 54 cents. CEO Dara Khosrowshahi cited, “While 2020 certainly tested our resilience, it also dramatically accelerated our capabilities in local commerce, with our Delivery business more than doubling over the year to a nearly $44 billion annual bookings run-rate in December.” 8 Stocks to Buy for March UBER stock’s P/S and P/B ratios are 9.19 and 8.81, respectively. As economies start going back to “normal,” Uber could potentially see considerable upside in the coming quarters, especially in its ridesharing operations. Zoom Video Communications (ZM) Source: Michael Vi / Shutterstock.com 52-week range: $97.02 – $588.84 1-year price change: Up about 280% Zoom, founded in 2011, has become one of the most important stocks of 2020. The San Jose, California-based group provides a video communications platform that has become an instant hit in recent months. It announced its Q3 results on Dec.1. Revenue was $777.2 million, up 367% YoY. Non-GAAP net income was $297 million as compared to $25 million a year ago. The income translated into 99 cents per share vs. 9 cents of diluted EPS in Q3 2019. Free cash flow stood at $388 million. CEO Eric S. Yuan commented, “We finish the fiscal year with an increased total revenue outlook of approximately $2.575 billion to $2.580 billion for fiscal year 2021, or approximately 314% increase YoY.” According to management’s guidance, full fiscal year 2021 non-GAAP diluted EPS is expected to be $2.89 to $2.91. Zoom will release its fourth quarter and full year results for fiscal year 2020 in early March. ZM stock’s forward P/E and P/S ratios are 131.33 and 63.09, respectively, showing an expensive valuation. Potential long-term investors could consider investing in the videoconferencing king around $375 or lower. On the date of publication, Tezcan Gecgil is both long and short Zoom stock. Tezcan Gecgil has worked in investment management for over two decades in the U.S. and U.K. In addition to formal higher education in the field, she has also completed all 3 levels of the Chartered Market Technician (CMT) examination. Her passion is for options trading based on technical analysis of fundamentally strong companies. She especially enjoys setting up weekly covered calls for income generation. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next Potential Winner It doesn’t matter if you have $500 in savings or $5 million. Do this now. #1 Play to Profit from Biden's Presidency The post 7 Robinhood Stocks to Buy As the Trading Platform Expands appeared first on InvestorPlace.
Thanks to the electric vehicle boom and Joe Biden, lithium stocks have been explosive. For one, Joe Biden seems to want far more EVs on the road. In fact, Biden’s web site noted, “There are now one million electric vehicles on the road in the United States. But a key barrier to further deployment of these greenhouse-gas reducing vehicles is the lack of charging stations and coordination across all levels of government. As President, Biden will work with our nation’s governors and mayors to support the deployment of more than 500,000 new public charging outlets by the end of 2030.”InvestorPlace - Stock Market News, Stock Advice & Trading Tips Two, there is substantial demand for electric vehicles now – and likely in the future. California Gov. Gavin Newsom, for example, just signed an executive order banning the sale of gasoline-powered passenger cars in the state starting in 2035. Three, “Forty percent of the company’s U.S. entries will be battery electric vehicles by the end of 2025. Barra also announced an increase in GM’s financial commitment to EVs and AVs today to $27 billion through 2025 – up from the $20 billion planned before the onset of the COVID-19 pandemic,” according to General Motors’ Chairman and CEO Mary Barra. However, for any of that to happen, the world must have far more lithium supply. Over the next four years, demand is expected to more than double, as the production of EV batteries gears up for big growth, as reported by Creamer Media’s Mining Weekly. 8 Battery Stocks That Electric Vehicle Companies Rely On That being said, here are three of the top lithium stocks to consider: Global X Lithium & Battery Technology ETF (NYSEARCA:LIT) Albemarle Corp. (NYSE:ALB) Lithium Americas Corp. (NYSE:LAC) Lithium Stocks: Global X Lithium & Battery Technology ETF (LIT) Source: Shutterstock One of the best ways to diversify your EV portfolio is with an ETF, such as LIT. The Global X Lithium & Battery Tech ETF invests in the full lithium cycle, from mining and refining the metal, through battery production, says Global X. Not only does this ETF give investors exposure to lithium and battery stocks, such as Albemarle Corp., LG Chem, Samsung, Tesla (NASDAQ:TSLA), BYD Co. (OTCMKTS:BYDDF), and Panasonic Corp. (OTCMKTS:PCRFY), it does so at less cost. For example, if you were to buy 10 shares of every listed stock, it would cost thousands of dollars. But with this ETF you can gain exposure at just $54.50 a share. Albemarle Corp. (ALB) Source: IgorGolovniov/Shutterstock.com The last time I weighed in on Albemarle, I noted it could run to $100, near term, “given the likelihood of higher demand.” But ALB did better than that, running to a recent high of $140.84 a share. From here, I strongly believe it could run to $180. 8 Battery Stocks That Electric Vehicle Companies Rely On All thanks again to exceptional lithium demand. The lithium market could benefit from a Joe Biden victory, noted Albemarle Corp. CEO Kent Masters, as quoted by Bloomberg. “There’s the incentives, and the emphasis that’s put on electrification and EVs around that. The market side of it would be more favorable with Biden.” Lithium Americas Corp. (LAC) Source: Pixel Enforcer/ShutterStock.com Lithium Americas Corp. operates as a resource company in the United States, with interests in the Cauchari-Olaroz Project in Jujuy province of Argentina and owns a 100% interest in the Thacker Pass lithium project in northwestern Nevada. When I last mentioned LAC on July 21, I said it could run to $10, near-term. It’s now up to $10.40 and could easily run higher with lithium demand surging. Helping, the company just got final approval for its Nevada lithium project, with full federal permitting expected by early 2021. Plus, according to Reuters, “Lithium Americas has said it plans to spend $400 million on the first phase of its Thacker Pass project with output of 20,000 tonnes of lithium annually. The mine is expected to open by 2023.” Ian Cooper, an InvestorPlace.com contributor, has been analyzing stocks and options for web-based advisories since 1999. As of this writing, Ian Cooper did not hold a position in any of the aforementioned securities. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next 1,000% Winner Radical New Battery Could Dismantle Oil Markets The post 3 Lithium Stocks Getting a Boost from a Biden Presidency appeared first on InvestorPlace.
Electric vehicle (EV) stocks are Wall Street darlings of Wall Street. Many of these stocks have notched record highs in recent weeks. Today, we’ll take a look at 7 robust EV stocks that could bring holiday cheer to any long-term portfolio. The International Energy Agency (IEA) says that, “the Covid-19 pandemic is causing a major shock to the global economy. Electric cars – a key element of transitions to cleaner energy – are being affected in key markets. But despite the crisis, their sales could reach a record share of the overall car market this year.” According to BloombergNEF, “by 2022 there will be over 500 different EV models available globally. Consumer choice and competitive pricing will be key to attracting new buyers to the market… By 2040, over half of all passenger vehicles sold will be electric. Markets like China and parts of Europe achieve much higher penetrations, but lower adoption in emerging markets reduces the global average.”InvestorPlace - Stock Market News, Stock Advice & Trading Tips 7 Cyclical Stocks That Likely Won't Rise Again Here are 7 electric vehicle stocks with style and substance: Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) Honda Motor (NYSE:HMC) Invesco Dynamic Semiconductors ETF (NYSEARCA:PSI) Nio (NYSE:NIO) SPDR S&P Kensho Smart Mobility ETF (NYSEARCA:HAIL) Tesla (NASDAQ:TSLA) Volkswagen (OTCMKTS:VWAGY) Ebbs and flows in our economy could understandably affect revenues of EV makers as well as companies in related industries. However, the robust companies and leaders in the sector have tailwinds behind them. And secular trends, i.e. growing consumer interest in alternative energy vehicles, will propel these businesses forward. Electric Vehicle Stocks To Buy: Global X Lithium & Battery Tech ETF (LIT) Source: Shutterstock 52-Week Range: $17.83 – $54.69Year-to-date (YTD) change: Up 98.45%Dividend Yield: 0.82%Expense Ratio: 0.75% Our first choice today is the Global X Lithium & Battery Tech ETF, which provides access to global businesses that focus on lithium. Their operations range from mining and refining lithium to manufacturing lithium batteries, which have been in high demand due to increased EV sales. InvestorPlace readers likely know that battery costs affect the final sales price of any electric car. Thus, any discussion on EV stocks would also benefit from paying attention to companies engaged in the manufacturing lithium batteries. LIT, which has 41 holdings, tracks the Solactive Global Lithium Index. This fund started trading in July 2020 and net assets stand close to $1.4 billion. From a geographic standpoint, China-based companies top the list with 43.3%, followed by the U.S. (22%), South Korea (11.7), and Japan (6.7%), among others. The top five names, Albemarle (NYSE:ALB), Ganfeng Lithium, LG Chem (OTCMKTS:LGCLF), Samsung and Tesla comprise close to 34% of the fund. So far in 2020, the fund is up over 98% and hit a record high in early December. Given the recent run-up in the price of the fund, short-term profit-taking could well be around the corner. However, the bull trend in batteries will likely continue into 2021 as well. Honda Motor (HMC) Source: Jonathan Weiss / Shutterstock.com 52-Week Range: $19.38 – $30.21YTD change: Up 5.31%Dividend Yield: 2.66% Japanese Honda Motor is well known for its motor products, ranging from small general-purpose engines to specialty sports cars. The Accord, Civic, CRV and Acura lines have been on global roads for decades. In September Honda and General Motors (NYSE:GM) agreed to collaborate in North America to build “on successful collaboration in electrified vehicles and technologies,” which they have had in place for several years now. In early November, the car maker announced announced FY2020 Q2 earnings metrics and the fiscal first half-year results ended September 30. Quarterly sales revenue decreased by 2.1% YoY. But investors were pleased to see that profit before income taxes increased by 19.4% from the same period last year. 7 Cyclical Stocks That Likely Won't Rise Again Since the start of the year, HMC stock is up more than 5% and hit a 52-week high in early December. Forward P/E and P/S ratios are 9.88 and 0.42, respectively. Long-term investors could consider buying the shares, especially if there is a decline toward $28. Honda Motors is likely to increase its emphasis on EV cars in the quarters ahead. Invesco Dynamic Semiconductors ETF (PSI) Source: Shutterstock 52-Week Range: $44.68 – $104.78YTD change: Up 56.09%Dividend Yield: 0.26%Expense Ratio: 0.57% Recent research on trends in automotive semiconductors highlights: “Semiconductors are crucial components of electronics devices… The electronics control of automobiles, as well as the rising demand for automation in vehicles along with miniaturization of integrated circuit technology, system on chip are the driving attributes which brought the semiconductor market in the sector of automobiles.” Therefore, investing in robust semiconductor shares is another indirect play on the growth of the EV industry. Our next choice, the Invesco Dynamic Semiconductors ETF gives access to a range of U.S.-based chip business. Fund managers include them in the ETF, based on several investment criteria, such as earnings and price momentum, management, and value. PSI, which has 30 holdings, tracks the the Dynamic Semiconductor Intellidex Index. The top five names in the fund are Micron (NASDAQ:MU), Lam Research (NASDAQ:LRCX), Advanced Micro Devices (NASDAQ:AMD), Qualcomm (NASDAQ:QCOM) and Applied Materials (NASDAQ:AMAT). Year to date, the fund is up over 54% and hit an all-time high in early December. Long-term investors should consider buying the dips in the fund. Nio (NIO) Source: Robert Way / Shutterstock.com 52-Week Range: $2.11 – $57.20YTD change: Up 1,029.65%Dividend Yield: N/A Shareholders in China-based Nio stock have had a great year. $1,000 invested in the company in January would now be worth over $11,000, and it’s hard to argue with that such a remarkable return. China is the largest EV market in the world. In 2019, about 2.3 million electric cars were sold globally and more than half of those were in the Asian nation. Nio currently sells cars only in China. Its top model is the ES8 (a seven-seat SUV). The group has two other vehicles, the ES6 (a five-seat SUV) and the EC6 (a 5-seat premium electric coupe SUV). In mid-November, Nio announced Q3 metrics. EV sales hit $628.4 million, representing an increase of 146.1% YoY and an increase of 22.4% from the second quarter of 2020. Net loss was $154.2 million, a decline of 58.5% YoY and a decrease of 11.0% from the second quarter of 2020. As of September 30, cash and equivalents stood at $3.3 billion. CEO William Bin Li commented, “We achieved a new record-high quarterly deliveries of 12,206 ES8s, ES6s and EC6s in total in the third quarter of 2020, followed by the best-ever monthly deliveries of 5,055 vehicles in October.” 7 Cyclical Stocks That Likely Won't Rise Again Nio is still a young company. Despite potential short-term volatility, long-term investors can expect years of growth. Any decline toward $45 or below would improve the margin of safety. SPDR S&P Kensho Smart Mobility ETF (HAIL) Source: DesignRage / Shutterstock.com 52-Week Range: $15.70 – $53.19YTD change: Up 71.45%Dividend Yield: 0.24%Expense Ratio: 0.45% Next in line is another fund, i.e., the SPDR S&P Kensho Smart Mobility, that provides access to innovative companies behind the evolution in transportation. In addition to EV manufacturers, other companies involved in hydrogen cell, batteries, as well as drones are part of the ETF. Put another way, this is not a dedicated EV fund, which means increased diversification that could appeal to some investors. HAIL, which started trading in 2017, currently has 56 holdings. Assets under management are close to $73 million. The top ten firms comprise over 40% of the fund. Nio, hydrogen fuel cell technology group Plug Power (NASDAQ:PLUG), Tesla, Workhorse (NASDAQ:WKHS) and components supplier BorgWarner (NYSE:BWA) head the names in the list. In terms of sector allocation, over fifteen industry groups are represented. Automobile Manufacturers lead with 24.70%. Next in line are Auto Parts & Equipment (21.08%), and Semiconductors (11.70%). Year-to-date, the fund is up over 70% and hit an all-time high in late November. Tesla (TSLA) Source: Sheila Fitzgerald / Shutterstock.com 52-Week Range: $65.5-$648.8YTD change: Up 667.08%Dividend Yield: N/A Few stocks evoke as much debate as Tesla among market participants. A recent article suggested: “Some of the most shorted stocks by hedge funds have been the biggest winners this year. Hedge funds’ biggest short position right now is Tesla, which has a negative 1.7% overall weight among the funds.” The debate translates into short-term volatility in TSLA stock price. However, 2020 has been a great year both for earnings and the share price, which is up over 660%. Investors have been celebrating the upcoming move into the S&P 500 index on December 21 by loading up on Tesla stock, which recently hit a record high. In late October, the electric car maker released robust FY2020 Q3 earnings results. Revenue was $8.8 billion, a 39% YoY increase compared to $6.3 billion in Q3 2019. GAAP operating income was $809 million, translating into an operating margin of 9.2%. Non-GAAP net income was $874 million. Adjusted earnings per share came in at 76 cents, compared to 37 cents a year ago. Management further noted: “The third quarter of 2020 was a record quarter on many levels. Over the past four quarters, we generated over $1.9B of free cash flow while spending $2.4B on new production capacity, service centers, Supercharging locations and other capital investments.” Shareholders are pleased that this company is profitable and cash flow positive. However, on the other side of the equation, many realize that shares are richly valued. Forward P/E and P/S ratios are 158.73 and 23.18, respectively. Short-term traders need to exercise caution as Tesla is volatile. 7 Cyclical Stocks That Likely Won't Rise Again Prospective long-term investors may consider buying the dips, especially if the shares decline toward $575. Volkswagen (VWAGY) Source: multitel / Shutterstock.com 52-Week Range: $10.60-20.25YTD change: Down 10.84%Dividend Yield: 3.3% Germany-headquartered Volkswagen is our final stock for today. In addition to its passenger cars, InvestorPlace readers are likely to be familiar with many of its brands, including Audi, Seat, Skoda, Bentley, Bugatti, Lamborghini, Porsche, Ducati and Scania. CEO Herbert Diess recently recently commented how President-elect Biden’s policies would help Volkswagen’s efforts to grow EV sales worldwide. The group has been working on participating in the growth of electric vehicles. For instance it has recently increased its equity stake in Quantumscape (NYSE:QS), solid-state battery specialist that has recently gone public in a reverse merger with Kensington Capital Acquisition, a special purpose acquisition company (SPAC). In a recent press release, the company said, “The Volkswagen Group is pressing ahead with its transformation into a digital mobility company,” and it would raise “investments in future technologies to EUR 73 billion.” In late October, Volkswagen released Q3 results that showed the group returned to profitability despite the challenges posed by the pandemic. September saw the first increase in vehicle deliveries for the year. Management noted, “The countermeasures initiated worldwide to cut costs, secure liquidity and decrease the funds tied up in working capital had as much of an impact as the continuing improvements in the situation in key sales markets.” The stock’s forward P/E and P/S ratios stand at 8.16 and 0.44 respectively and offers value at these levels. Long-term investors with a two to three year time horizon could consider buying the shares. On the date of publication, Tezcan Gecgil did not have (either directly or indirectly) any positions in the securities mentioned in this article. Tezcan Gecgil Ph.D. has worked in investment management for over two decades in the U.S. and U.K. In addition to formal higher education in the field, she has also completed all 3 levels of the Chartered Market Technician (CMT) examination. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next 1,000% Winner Radical New Battery Could Dismantle Oil Markets The post 7 Electric Vehicle Stocks With Style And Substance appeared first on InvestorPlace.