Benchmark U.S. crude oil for January delivery fell 11 cents to $78.39 a barrel Wednesday. Brent crude for January delivery fell 6 cents to $82.25 per barrel.
Wholesale gasoline for December delivery fell 2 cents to $2.32 a gallon. December heating oil was unchanged at $2.38 a gallon. December natural gas rose 10 cents to $5.07 per 1,000 cubic feet.
Gold for December delivery rose 50 cents to $1,784.30 an ounce. Silver for December delivery rose 6 cents to $23.50 an ounce and December copper rose 4 cents to $4.46 a pound.
The dollar rose to 115.48 Japanese yen from 115.07 yen. The euro fell to $1.1199 from $1.1251.8 EV Stocks To Electrify Your Growth Portfolio
The electric vehicle (EV) market remains one of the markets that growth-oriented investors simply have to be in. This sector is at the intersection of multiple secular trends (e.g. autonomous driving, renewable energy). And, after years of false starts, it appears that EV technology is ready to be produced at scale.
Think about this. There is an average of 90 million vehicles sold annually. That’s units, not dollars. Total sales of vehicles topped $3.1 trillion in 2019, and the number is expected to grow over the long-term.
The EV market is less than 3% of global vehicle sales, but it’s growing. EV is expected to account for more than 50% of the total auto-fleet by 2050, and that target could be reached much sooner if battery technology advances.
When it comes to the EV market, it’s a “rising tide lifts all ships” kind of market, but there are still some clear winners to focus on. In this special presentation, we’ll take a look at eight companies that are among the best in the current crop of EV and EV-related companies.
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