5 Best EV Stocks to Buy According to Cathie Wood

4. NXP Semiconductors N.V. (NASDAQ: NXPI)

NXP Semiconductors makes applications and services for electric vehicles. NXP currently has a $54.6 billion market capitalization. For the past 12 months, the company was able to deliver a decent 42.57% return and settled at $194.39 at the closing of February 12th.

ARK Investment Management invested $51.93 million in NXP Semiconductors, buying 326,634 of shares.