In 2021 we are going to see the first rush of new EV vehicles and sweeping policy shifts towards a green technology wave of the 2020s.
Many EV and Hydrogen stocks have already seen this bullish forward looking momentum. In this article we’re going to be mentioning many of the best stocks in this basket of green tech. It includes stocks related to EV, hydrogen, battery tech and even fuel-cell tech.
While EV vehicles and new battery tech take the limelight, we have to admit that Hydrogen-powered cars and trucks have been a grail among alternative energy advocates for decades.
So then we need to look at some of the hydrogen, small-cap EV, battery related and even some computer vision for AV stocks for 2021.
- Plug Power Inc – $PLUG – $35.58 – up 1289% since March 2020 lows.
- Foresight Autonomous Holdings – $FRSX – $5.02 – up 1068% since March 2020 lows.
- Sunhydrogen Inc – $HYSR – $0.11 – up 2,200% since March 2020 lows.
- Blink Charging Co. – $BLNK – $49.50 – up 3,778% since March 2020 lows.
The ESG Wave will Accelerate in 2021
“ESG” stands for “Environmental, Social and Governance,” which highlights companies that focus on decreasing the carbon footprint, creating a welcoming company environment, and run operations ethically and efficiently, keeping in mind the communities surrounding operations.
In 2021 the ESG trend will accelerate even more with a tremendous amount of liquidity due to historic low interest rates and cash injections (basically the Fed stimulus and the Central Bank’s printing money).
With trillions of dollars coming back into equities with the vaccines, 2021 is still likely to be a very bullish year in the stock market. As 2020 was the year of EV stocks, 2021 is highly likely to be the year of “green tech” stocks as the ESG investing story accelerates with more Millennials participating in the stock market with the rise of apps such as Robinhood and WeBull.
- American Battery Metals Corp. – $ABML – $1.17 – up 2,925% since March, 2020 lows.
- FuelCell Energy Inc – $FCEL – $12.30 – up 1,128% since March 2020 lows.
- Ascent Solar Technologies, Inc. – $ASTI – $0.0074.
- Nikola Corporation – $NKLA – $13.75 – up 29% since March 2020 lows.
- Electrameccanica Vehicles Corp – $SOLO – $6.95 – up 631% since March 2020 lows.
A lot of the green technology stocks are already very over-valued, so you have to understand which are relative to the space and the stories that have driven sentiment into bubble territory. It makes 2021 a somewhat challenging landscape since from the March lows we’ve seen the EV class of stocks spike to an unreasonable degree.
Although the lithium and battery industry has weakened during the Covid-19 pandemic — brought about by the lower demand in electronic vehicles and consumer decisions of purchasing portable consumer devices, –according to a GlobalData survey, the global lithium demand is expected to bounce back.
Keep in mind that Japan, Toyota and even Apple will begin to challenge Tesla in its battery technology in the coming years.
The great recovery from the pandemic circa 2022 will be a significant catalyst for technology that makes a better world. New kinds of small businesses will grow up around green tech jobs. The business renaissance after the pandemic could take on a very sustainability-driven, CSR and ESG flavor.
This also means the Energy sector recovers in a big way in the 2nd half of 2021 or the first half of 2022. Energy value stocks (like those out of Canada) are an excellent choice therefore for long-term investors.
- $GEVO, $3.70
- $DSGT, $0.88
- $IDEX, $2.27
- $GRN.V, $2.49
- $GDNP.V, $0.90
- $COUV, $0.17
- $BSRC, $0.08
- $ALPP, $3.10
- $BE, $30.52
- $XPEV, $41.75
- $MRAAY, $21.38
- $AMTX, $2.90
- $POLA, $5.40
- $JG, $3.93
- $BLDP, $23.45
- $SBE, $46.10
- $TPGY, $30.02
Never before will your due diligence research skills be tested as in picking the winners among these listed stocks. Since the winners in 2021 will be keepers for a long time and can be traded and sold and re-bought many times during the considerable hype cycle of green tech which could last as a bubble easily until 2023.
In future articles I’ll be going into more depth with some of these companies so subscribe on the top right if that appeals to you. In general if you are trading you want volatile story-driven stocks that can spike with sentiment and PR and that can be easily re-bought as the pump tanks.
If you are investing you need to check value fundamentals but if you trade the criteria you are looking for is wildly different.
Whatever your approach, smart trades in green technology could be very good in 2021. With dozens of new EV vehicles to hit the market in 2021, adoption to EV vehicles and carbon neutral pledges next year will be at an all-time high culminating at the next summit (Paris accord).
Global temperatures have already risen 1.2 C, or 2.2 F, since preindustrial levels and the atmosphere is on track to warm up by 1.5 C, or 2.7 F, over the next two decades. We already know Biden in history will be known as the Green Tech President.