Tuesday, March 4, 2014

Electric Vehicle Stock Could Make You Big Money (and It's Not Tesla): Kandi Technologies (NASDAQ: KNDI)

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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