Electric vehicles (EVs) have, in fact, grabbed headlines for months now.
Any kind of business with a remote association to EVs find takers today. Investing in the EV space helps companies move into a new orbit of valuations.
If you find investing in the pricey direct EV plays too risky currently, you are not alone. Several EV stocks have moved to a new normal of investor euphoria.
But in the meanwhile, I have turned my attention to a sector that has fetched 3% returns per annum in the past decade.
Tanushree Banerjee (Research Analyst), is the editor of Stock Select and Forever Stocks. Tanushree started her career at Equitymaster covering the banking and financial sector stocks and scrutinising RBI policies. Over the last decade, she developed Equitymaster's research processes that helped us pick out various multibaggers, across all sectors. A firm believer of "safety first" when it comes to investing, Tanushree closely follows the investing philosophies of Warren Buffett, Jeremy Grantham, and Joel Greenblatt.
Equitymaster requests your view! Post a comment on "How Power Sector Stocks are Profiting from the EV Gold Rush". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!