Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
But BABA, which is facing a great deal of competition and many challenges as the growth of China’s economy slows, may have cut its stake in XPEV simply to have more cash on hand in case a number of its businesses encounter cash-flow issues.
Source: https://investorplace.com/2023/12/3-contrarian-stock-plays-for-bold-investors-in-2024/
For the record, the analyst consensus rating for XPEV shares is a “hold” based on 13 opinions.
Source: https://investorplace.com/2023/08/xpeng-xpev-stock-rises-12-on-bofa-upgrade/
While the story could always change, for now, skip out on NIO and XPEV, and make LI stock your only China EV wager.
Why Are Chinese EV Stocks NIO, XPEV, LI Down Today?
Source: https://investorplace.com/2023/01/why-are-chinese-ev-stocks-nio-xpev-li-down-today-jan-6/
XPEV stock has seen a 38% gain this year and holds a “B” rating in Portfolio Grader.
XPEV stock is up 2.6% in pre-market trading on Wednesday but down 12.4% year-to-date (YTD).