Reported 1 day ago
In a recent evaluation of small-cap EV stocks, SolarEdge Technologies (NASDAQ:SEDG) emerges as a strong contender due to its innovative energy solutions and strategic acquisitions in the EV charging market. Despite overall slower adoption rates for electric vehicles in the U.S., SolarEdge aims to capitalize on growth opportunities within the sector. The company has made significant investments, including the acquisition of Wevo Energy, enhancing its capabilities in optimizing EV charging systems. As of now, SEDG ranks third in a list of favorable small-cap EV stocks, although analysts suggest that certain AI stocks may offer better returns.
Source: YAHOO