Chinese electric vehicle stocks (NIO, LI, XPEV) are under pressure on reports that China is encouraging its car makers to keep advanced EV technology within the country. Market Domination Hosts Julie Hyman and Josh Lipton report more on the story and some of the ways the government is asking carmakers to protect their tech. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
Based on the average brokerage recommendation (ABR), Li Auto (LI) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
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.