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In 2021, EV stocks have trailed the broader markets, after a spectacular run in 2020, making EV stocks contrarian bets right now. Given that the EV industry will benefit from multiple secular tailwinds over the long-term, it might be a good time to expand your portfolio to include EV stocks.
Two EV stocks that have been garnering a lot of attention lately are Lordstown Motors (RIDE) and Lucid Group (LCID). Today I’ll analyze these two stocks to determine which is the better buy right now.