The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Byd Co., Ltd. (BYDDY) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Byd Co. currently has an av ...

The electric vehicle sector continues to face a litany of issues. Demand dynamics are not what they once were and EV stocks have cratered — along with lithium prices — as a result. One of the bigger issues is that electric vehicles also face a number of quality control issues. That may come as a surprise because pundits have long touted EVs — with fewer components —  as potentially being more reliable. However, theory often differs from practice: Over the past 3 years EV owners have reported 79% more proble ...

In this articleSTLAM-ITTSLAFGMBYDDYA BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai)Vcg | Visual China Group | Getty ImagesLIVONIA, Mich. – A small electric vehicle is having a big impact on the global automotive industry.It's not the EV itself that's making waves but its price — and its potential to disrupt domestic auto industries around the world.The China-built BYD Seagull, a sm ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Byd Co., Ltd. (BYDDY) .Byd Co. currently has an average brokerage recommen ...

China now accounts for 60% of EV sales worldwide. Some of its leading stocks have ramped up their deliveries in 2024. This clears the path for a more international focus for operations. Despite this, the performance of some of China’s strongest EV stocks has been hampered. Blame it on a series of headwinds due to a weakening economy and extreme market competition. While the S&P 500 had grown at an impressive rate in 2023, $100 invested in the Chinese stock market at the beginning of the year would’ve been w ...

As Brazil steps on the gas to decarbonize the national fleet, auto giants are rapidly taking notice and making massive investment plans for the country. The most recent announcements have come from Stellantis (STLA) and Toyota (TM) . Just yesterday, Stellantis announced plans to invest 30 billion reais (more than $6 billion) in Brazil between 2025 and 2030 to develop flex-hybrid vehicles. The day before yesterday, Toyota confirmed an 11 billion reais (more than $2 billion) investment in the country through ...

Lithium is a key component of electric vehicle (EVs) batteries, which have surged in demand in the past few years. However, lithium prices have been volatile in the past year, causing some of the best battery stocks to reach record highs in late 2022. However, according to Koyfin, lithium carbonate prices have fallen more than 72% over the past twelve months. An oversupply of rare earth minerals is one of the reasons prices reached new lows in 2023. The other reason is most likely related to the slowing dem ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Byd Co., Ltd. (BYDDY) .Byd Co., Ltd. currently has an average bro ...

The electric vehicle (EV) market happens to be one of the fastest-growing consumer focused segments in the transportation sector. However, some of these companies might have hit a speed bump. Last week, Tesla (NASDAQ:TSLA) reported its Q4 earnings and investors were not happy. Not only did the famed automaker miss Wall Street’s earnings estimates, but it warned of weaker growth to come in 2024. This bit of news hit Tesla’s shares hard, but the list below doesn’t involve Tesla. Rather, we will go through thr ...

Chinese consumer stocks continue to face a relentless price decline that’s hurting profits. As a result, consumer companies in the MSCI China Index have lost an estimated $157 billion since the end of September. While that’s scary for those companies’ shareholders, it provides an opportunity for risk-tolerant investors willing to jump under a falling knife in search of outsized returns on the rebound of consumer stocks.Will it happen in 2024? Asset managers in China believe that deflation will hurt many of ...