The EV market has been booming! But this is no news for anyone who follows the stock market at all. You already knew this.
But just like with any investment decision, many factors come into play. And determining which EV company is going to be around in 5-10 years or more can be really tough.
That's why, there are companies that are right under your feet that are making massive gains because of the EV boom. These are companies that are hiding in plain sight, but they don't always get recognized because they are often "boring companies" like mining.
If you were to ask someone, what are some hot industries right now, they might say EV. But if the EV business is to grow, they will require all sorts of technologies from the batteries, to raw materials, to software.
This is how you can play in the EV market without getting stuck on just a few of the EV companies. And potentially earn a profit from the companies that are profiting from EV companies, and therefore growing along with it. And better yet, these companies often go underrecognized compared to say the top EV companies and therefore do not have the same type of valuation risks associated with performing at all-time highs.