The 3 Most Undervalued Auto Stocks to Buy in July 2024

Cars are here to stay. They are arguably the most important form of transportation for billions of people and have been so for decades. Almost certainly they will hold that position for decades to come. However, this vitality is not expressed as much as it should be in the stock market. Some car companies have valuations the same as their yearly revenue, showing that investors do not have high expectations for the future. Li Auto (LI) Li Auto (NASDAQ:LI) is a Chinese EV company dominating the market but is ...