Company Overview - Byd Co., Ltd. (BYDDY) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 2 (Buy), suggesting favorable market performance [4] Price Performance - Over the past week, BYDDY shares have increased by 8.05%, while the Zacks Automotive - Foreign industry has decreased by 0.55% [6] - In a longer time frame, BYDDY's monthly price change is 36.72%, significantly outperforming the industry's 2.45% [6] - Over the past quarter, BYDDY shares have risen by 40.9%, and over the last year, they have increased by 92.13%, compared to the S&P 500's performance of -0.97% and 18.46% respectively [7] Trading Volume - The average 20-day trading volume for BYDDY is 687,285 shares, which serves as a useful indicator of market interest [8] Earnings Outlook - In the past two months, one earnings estimate for BYDDY has moved higher, while none have moved lower, resulting in an increase in the consensus estimate from $3.84 to $3.87 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [10] Conclusion - Considering the strong price performance, favorable trading volume, and positive earnings outlook, BYDDY is positioned as a solid momentum pick with a 2 (Buy) rating and a Momentum Score of A [12]

Core Insights - Tesla faces increasing competition in China from local EV manufacturer BYD, which has nearly doubled Tesla's sales in January, leading to an 11% decline in Tesla's sales year-over-year [1][2][3] - BYD's introduction of its "God's Eye" self-driving technology in nearly all its vehicles, including the affordable $9,500 Seagull, poses a significant challenge to Tesla, which is still awaiting regulatory approval for its Full Self-Driving (FSD) system in China [2][3] - BYD's international sales reached a record 66,000 vehicles in January, indicating its successful global expansion efforts, including becoming Singapore's top-selling car brand and surpassing Tesla's sales in the UK for the first time [3][4] Industry Dynamics - The competitive landscape in the EV market is intensifying as other Chinese manufacturers follow BYD's lead in offering affordable electric and hybrid vehicles, raising concerns about the potential for "hypercompetition" to spread globally [4][10] - Xpeng has launched its G6 SUV in the UK, priced approximately £6,000 ($7,500) less than Tesla's Model Y, and plans to expand to over 60 countries by 2025 [5][6][7] - The European market remains open to Chinese EVs, with no tariffs imposed by the UK, while the EU has implemented import taxes of up to 35% on Chinese-made EVs, which may hinder market entry [9][10] Market Challenges - The US market is largely inaccessible for Chinese EV manufacturers due to 100% tariffs on imported vehicles, resulting in American consumers missing out on affordable models like the $32,000 BYD Dolphin [12][13] - The high prices of EVs in the US, averaging $8,000 more than in Europe, raise concerns about the competitiveness of the American auto industry and its ability to keep pace with global rivals [13][15] - Legacy US automakers are struggling to adapt to the EV market, with companies like Ford and General Motors scaling back their ambitious EV strategies, which could further diminish their global competitiveness [14][15]

Core Insights - The Zacks Automotive – Foreign industry shows a mixed outlook, with strong performance in China, challenges in Europe, and a recovery in Japan [1][3][4][5]. Industry Overview - The foreign automotive industry involves designing, manufacturing, and selling vehicles and components, heavily influenced by economic conditions and business cycles [2]. - Key manufacturing countries include China, Japan, Germany, and India, with a significant shift towards electrification and stricter emission regulations driving market changes [2]. Key Themes Shaping the Industry - **China's Auto Market Resilience**: In 2024, China produced 31.28 million vehicles and sold 31.44 million, with NEV production and sales reaching 12.89 million and 12.87 million, marking increases of 34.4% and 35.5% respectively [3]. - **Europe's Challenges**: New car registrations in the EU rose by 0.8% to around 10.6 million units, but BEV and plug-in hybrid sales fell by 6% and 7% due to reduced government subsidies [4]. - **Japan's Market Recovery**: Japan's new car sales dropped 7.5% to 4.42 million units in 2024, but a recovery is expected with projected sales of 4.6 million units in 2025 [5]. Industry Performance - The Zacks Automotive – Foreign industry ranks 154, placing it in the bottom 38% of around 250 Zacks industries, indicating a negative earnings outlook [6][7]. - Over the past year, the industry has underperformed the S&P 500, losing 23.7% compared to the sector's growth of approximately 23% [9]. Current Valuation - The industry is currently trading at an EV/EBITDA ratio of 8.93X, significantly lower than the S&P 500's 17.67X and the sector's 19.85X [11]. Investment Opportunities - **Geely Auto (GELYY)**: Sold 2.17 million units in the previous year, aiming for 2.71 million in 2024, with a strong global presence and a Zacks Rank 1 [14][16]. - **BYD Co Ltd (BYDDY)**: Achieved record NEV sales of over 4.27 million units in 2024, with a Zacks Rank 2 and projected revenue growth of 21% in 2025 [18][19]. - **XPeng Inc. (XPEV)**: Delivered 190,068 vehicles in 2024, with plans for significant global expansion and a Zacks Rank 2, expecting a 91% improvement in revenue for 2025 [22][24].

Core Insights - BYD Company Limited is actively pursuing an aggressive international expansion strategy in 2024, positioning itself favorably in the electric vehicle market [1] - The company has outperformed its main competitor, Tesla, indicating strong competitive advantages and market presence [1] Company Summary - BYD is focusing on international markets as part of its growth strategy, which may enhance its global footprint and revenue potential [1] - The performance of BYD relative to Tesla suggests that the company is gaining market share and improving its operational efficiency [1]

Company Overview - Byd Co., Ltd. (BYDDY) currently holds a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, BYDDY shares have increased by 20.62%, while the Zacks Automotive - Foreign industry has seen a decline of 0.3% [5] - In a longer time frame, BYDDY's monthly price change is 28.28%, significantly outperforming the industry's 3.75% [5] - Over the last quarter, BYDDY shares have risen by 24.06%, and over the past year, they have increased by 80.73%, compared to the S&P 500's gains of 1.46% and 22.28%, respectively [6] Trading Volume - The average 20-day trading volume for BYDDY is 368,372 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Estimates - In the past two months, one earnings estimate for BYDDY has been revised upwards, increasing the consensus estimate from $3.84 to $3.87 [9] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [9] Conclusion - Considering the positive performance metrics and earnings outlook, BYDDY is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- ...

In this articleSMCI.STOXX.IXIC.DJI.SPXTSLAZE594-CNTesla and SpaceX CEO Elon Musk delivers remarks alongside U.S. President Donald Trump during an executive order signing in the Oval Office at the White House on Feb. 11, 2025 in Washington, DC.Andrew Harnik | Getty Images News | Getty Images Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today Elon Musk is the world's richest person, and the leader of Tesla, SpaceX, X, the Boring Company, xAI, Neuralink, the U.S. Department o ...

BYD Company ( OTCPK:BYDDY ) is a stock I’ve been covering on Seeking Alpha for a long time. I first covered it in an article recommending it as half of a pair of trade withAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business r ...

Chinese electric car giant BYD announced on Feb. 10, 2025, that it would integrate DeepSeek into its artificial intelligence model that powers its new driver-assistance technology.BEIJING — Chinese electric car giant BYD is going all in on driver assistance with the help of DeepSeek, after previously taking a more cautious approach on autonomous driving technology.Advanced smart driving will become a standard safety feature similar to seatbelts and air bags, BYD's founder and chairman Wang Chuanfu said at a ...

BYD is going all-in on autonomous driving as it looks to take Tesla's EV crown.The Chinese automaker shared a major expansion of its "God's Eye" intelligent driving system on Monday.The $9,500 Seagull EV will also get "high-level" intelligent driving features, a BYD exec said.BYD is battling Tesla for the title of the world's largest EV company — and now the Chinese upstart is coming for Elon Musk's self-driving crown. The electric vehicle giant unveiled a massive expansion of its intelligent driving system ...