E-commerce emerged in the late 1990s, investors acted on the...
E-commerce emerged in the late 1990s, investors acted on the coming E-Commerce Revolution. They gobbled up $Amazon (AMZN.US)$ stock. In 1998 alone, that stock soared 967% in a single year!
Lather, rinse, and repeat for the Streaming TV Revolution. As soon as Wall Street saw the writing on the wall that streaming TV was going to take over the world, investors swarmed into $Netflix (NFLX.US)$ stock. It rose 297% in 2013 alone!
To be sure, Amazon stock has soared way higher since 1998, and Netflix stock has soared way higher sine 2013.
But since 1998, Amazon stock’s best annual performance (+178% in 2003) doesn’t even come close to its 967% gain in 1998. And since 2013, Netflix stock’s best annual performance (+134% in 2015) is less than half of its 297% gain in 2013.
In other words, these stocks had their best years – by far – in the first innings of their technological revolutions.
The same will be true for EV stocks.
$Tesla (TSLA.US)$ $Lucid Group (LCID.US)$ $Rivian Automotive (RIVN.US)$ $Ford Motor (F.US)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$
$Tesla (TSLA.US)$ $Lucid Group (LCID.US)$ $Rivian Automotive (RIVN.US)$ $Ford Motor (F.US)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$
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Wilson_wu : Will electric vehicles develop like e-commerce?
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