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Which EV Stock Is An Attractive Pick At Current Levels?

Recently reported results of several electric vehicle (EV) makers indicated that EV sales have been resilient so far this year, despite persistent macroeconomic challenges. Government incentives and price cuts by most EV makers have driven higher volumes.

While EV adoption continues to rise, the report noted that the pace of growth has decelerated compared to the 71% sales growth witnessed in the first half of last year amid a rise in gas prices and the introduction of several new EV models. Also, dealer inventory of EVs increased substantially at the end of June, per Cox Automotive.

Keeping all these dynamics in mind, I used TipRanks’ Stock Comparison Tool to compare the following EV stocks and pick the most attractive one, as per Wall Street analysts.

This post appeared first on InvestorPlace.