EVgo, Enovix Shine, But What About ChargePoint, Plug Power? Clean Energy Analyst's Stock Picks For 2025

Group 1: Core Insights - JPMorgan analyst Bill Peterson identifies EVgo Inc and Enovix Corp as top picks in the clean energy space for 2025 due to their strong growth and profitability positioning despite policy challenges [1][8] - EVgo is highlighted for its extensive network of fast chargers and reliance on public funding, which positions it well for long-term growth in the EV charging infrastructure market [2][8] - Enovix is recognized for its innovative next-generation lithium-ion batteries, which are expected to significantly enhance energy density and battery life for electric vehicles, positioning the company for substantial market share growth [3][4][8] Group 2: Challenges for Other Players - ChargePoint Holdings faces challenges due to slowing growth in the EV charging market and its dependence on consumer adoption of new chargers, leading to an underweight rating from Peterson [5][8] - Plug Power, a leader in hydrogen fuel cell technology, has a neutral rating due to a weak balance sheet and execution challenges, despite bipartisan political support for hydrogen [6][7][8] - Both ChargePoint and Plug Power need to address their respective hurdles to become more compelling investment options in the future [9]