EVgo, Inc. (NASDAQ:EVGO) is named one of the Best American Penny Stocks to Buy. RBC Capital maintains a Buy rating on EVGO, with second quarter earnings set for August 1, 2025. The company exceeded expectations in Q1, reporting record revenue of $75.29 million, up 36.5%. 180 new charging stalls were added, bringing the total to 4,240.

EVgo, Inc. (NASDAQ:EVGO) operates a vast public fast charging network for electric vehicles in the U.S., boasting over 1,100 stations across 40 states. While EVGO shows investment potential, other AI stocks may offer more upside with less risk. For an undervalued AI stock poised to benefit from tariffs and onshoring, check out the report on the best short-term AI stock.

Read more at Yahoo Finance.: RBC Capital Maintained a Buy Rating on EVgo, Inc. (EVGO)