(Bloomberg) — Since last July, a little-known automaker in China’s southwest has dominated the world’s largest electric car market, outselling bigger players and even Tesla Inc. almost every month with a tiny, bare-bones EV that starts at just $4,500. The Hongguang Mini is the brainchild of SAIC-GM-Wuling Automobile Co., a joint venture between SAIC Motor… Continue reading China EV Maker Betting on Cult Status to Sell a Million Cars
Author: Yarhow_Finance Online News
Li Auto Should Be Worth $30.21, 21% More Than Its Current Price
Li Auto (NASDAQ:LI) is a Chinese electric vehicle (EV) stock that seems to be too cheap. Here is the reason. It trades for just 4.4 times forward sales, according to Seeking Alpha’s compilation of analysts’ estimates. But its peers in the Chinese EV market have much higher valuations. There doesn’t seem to be any good… Continue reading Li Auto Should Be Worth $30.21, 21% More Than Its Current Price
There Just Might Be a Better Buy Than Nio Stock
Nio’s (NYSE:NIO) latest drop in price saw NIO stock fall from a Feb. 10 high of $64.60 to a May 13 low of $30.71 before recovering some of those losses over the second half of the month and into June. A Nio (NIO) sign and logo on a tan concrete building. Source: Sundry Photography /… Continue reading There Just Might Be a Better Buy Than Nio Stock
Why Is BorgWarner (BWA) Up 4% Since Last Earnings Report?
It has been about a month since the last earnings report for BorgWarner (BWA). Shares have added about 4% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is BorgWarner due for a pullback? Before we dive into how investors and analysts… Continue reading Why Is BorgWarner (BWA) Up 4% Since Last Earnings Report?
Do Its Financials Have Any Role To Play In Driving Aptiv PLC’s (NYSE:APTV) Stock Up Recently?
Most readers would already be aware that Aptiv’s (NYSE:APTV) stock increased significantly by 13% over the past month. As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at the company’s key financial indicators today to determine if they have any role to play in… Continue reading Do Its Financials Have Any Role To Play In Driving Aptiv PLC’s (NYSE:APTV) Stock Up Recently?
Eaton Corporation plc’s (NYSE:ETN) Financial Prospects Don’t Look Very Positive: Could It Mean A Stock Price Drop In The Future?
Eaton’s (NYSE:ETN) stock is up by 6.6% over the past three months. Given that the markets usually pay for the long-term financial health of a company, we wonder if the current momentum in the share price will keep up, given that the company’s financials don’t look very promising. In this article, we decided to focus… Continue reading Eaton Corporation plc’s (NYSE:ETN) Financial Prospects Don’t Look Very Positive: Could It Mean A Stock Price Drop In The Future?
Can Higher Oil Prices Boost EV Sales? Maybe.
Higher oil prices—back when electric vehicles were new and investors had never seen triple-digit oil prices—were once a bullish boon for both EV sales and EV manufacturers’ stock prices. Consider (TSLA) (TSLA): the EV maker’s stock fell almost 12% in May, the same month the Colonial Pipeline was hacked, disrupting gasoline supplies, and oil prices… Continue reading Can Higher Oil Prices Boost EV Sales? Maybe.
13 Stocks that Best Performing Hedge Funds are Piling Into
In this article we discuss the 13 stocks that best performing hedge funds are piling into. If you want to skip our detailed analysis of these stocks, go directly to the 5 Stocks that Best Performing Hedge Funds are Piling Into. Hedge funds have been one of the most successful earning vehicles in the finance… Continue reading 13 Stocks that Best Performing Hedge Funds are Piling Into
Ant Gets Go-Ahead for Consumer Lending Unit in Sign of Thaw
(Bloomberg) — China is allowing Jack Ma’s Ant Group Co. to start operations at its consumer finance company, the first sign of progress after a regulatory crackdown torpedoed the fintech giant’s record listing. The unit, registered in Chongqing, will be allowed to lend to individuals, issue bonds and borrow from domestic financial institutions, according to… Continue reading Ant Gets Go-Ahead for Consumer Lending Unit in Sign of Thaw
Why Is Eaton (ETN) Up 0.3% Since Last Earnings Report?
It has been about a month since the last earnings report for Eaton (ETN). Shares have added about 0.3% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Eaton due for a pullback? Before we dive into how investors and analysts… Continue reading Why Is Eaton (ETN) Up 0.3% Since Last Earnings Report?