Jim Cramer shared his top three electric vehicle plays on TheStreet this week. Cramer said he likes QuantumScape, Fisker, and Lucid Motors.
Here is a list of the electric vehicle stocks to watch and their performance from the past week by percentage change at the close of trading on Tuesday:
Tesla | Increased +0.14%
Shares of Tesla have been falling this year, extending a loss of nearly $275 billion in value triggered by rising interest rates that have dented growth stocks.
TheStreet Quant Ratings rates Tesla as a Hold with a rating score of C.
Ford | Decreased -3.56%
TheStreet looked at the charts of Ford this past week to see if it's the best stock to buy in the auto sector.
TheStreet Quant Ratings rates Ford as a Hold with a rating score of C.
General Motors | Increased +1.95%
General Motors said earlier this week it would omit fuel-management modules from some 2021 light-duty, full-size pickup trucks because of the global semiconductor shortage.
TheStreet Quant Ratings rates GM as a Buy with a rating score of B.
NIO | Increased +2.23%
TheStreet looked at the charts of NIO to see how to trade the electric vehicle maker.
TheStreet Quant Ratings rates NIO as a Sell with a rating score of E+.
Fisker | Decreased -13.71%
Lordstown Motors | Decreased -14.94%
Lordstown Motors responded to the critical report by saying its output plan was on track.
Nikola | Increased +0.16%
Nikola (NKLA) - Get Report fell Tuesday after the company filed with the Securities and Exchange Commission to sell $100 million worth of shares in a secondary offering. In late February, Nikola released the details of its hydrogen-fuel-cell electric trucks.
XPeng | Increased +13.09%
Plug Power | Decreased -16.23%
Truist analyst Tristan Richardson downgraded the stock to hold from buy and cut his price target to $42 a share from $50.
TheStreet Quant Ratings rates Plug Power as a Sell with a rating score of D.
QuantumScape | Increased +7.13%
Canoo | Increased +17.92%
Blink Charging | Increased +5.49%
Shares of Blink Charging (BLNK) - Get Report were heading lower after a fire at Tesla's Fremont, California factory. Blink Charging was granted to place 144 charging stations at 32 sites in Ohio by the Ohio EPA's Diesel Mitigation Trust Fund.
TheStreet Quant Ratings rates Blink Charging as a Sell with a rating score of D-.