One of the biggest success stories in the market over the past
several years is the amazing performance of electric car pioneer Tesla
Motors (NASDAQ: TSLA).
That company's shares have delivered a mighty 625%-plus gain over the
past 12 months, and the stock has shown no real signs of slowing down.
Yet many traders and investors I know have already made big money in
Tesla, and they're now looking for peripheral electric car plays with
the potential for Tesla-like returns.
Enter Kandi Technologies (NASDAQ: KNDI).
This China-based company is a maker of vehicles such as ATVs,
motorcycles and other small utility vehicles, including electric cars.
And while its vehicles don't approach the high-tech, luxury level of a
Tesla Model S, they are in demand in China, and that demand is expected
to continue in the years to come. (more)
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