Investors may want to look under the radar for electric vehicle plays in the year ahead, two traders say.
With popular stocks such as Tesla and Nikola reaching exorbitant valuations, "we're trying to play around the edges," Laffer Tengler Investments' Nancy Tengler told CNBC's "Trading Nation" on Thursday.
"There's two ways for investors to nibble around the sides of the EV market," the firm's chief investment officer said.
A $10.5 billion auto-parts manufacturer, Borgwarner is on track to supply around 30% of powertrains, or electric motors, to the EV industry by 2023, Tengler said.
A third tangential market could see a big reversal in 2022, Joule Financial Chief Investment Officer Quint Tatro said in the same interview.