As the U.S. stock market grapples with a downturn in major indices and concerns over economic health, investors are increasingly on the lookout for undervalued opportunities. In this environment, identifying stocks trading at significant discounts can offer potential value plays amid broader market volatility.
Chinese electric vehicle (EV) manufacturers NIO (NIO) and Li Auto (LI) are drawing attention as both companies reported a decline in their August delivery numbers. NIO delivered over 20,000 vehicles during the month, marking a decrease from their July figures. Meanwhile, Li Auto reported 48,000 deliveries, representing a 5% drop month-over-month. Catalysts hosts Brad Smith and Madison Mills break down the details, discussing what it means for the broader Chinese EV market. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
As U.S. stocks wrapped up a volatile August with gains across major indexes, investor sentiment has been buoyed by easing inflation and the prospect of interest rate cuts from the Federal Reserve. In this environment, companies with strong growth potential and high insider ownership can be particularly appealing to investors, as they often signal confidence from those who know the business best.