BYD Company May Be A Smart Investment, But Not For Me

Robert Way/iStock Editorial via Getty Images Introduction I initiated coverage of BYD Company Limited (OTCPK:BYDDF) (OTCPK:BYDDY) about 3 months ago, in May 2024, issuing a "Hold" rating as I feared the competition in the EV space and generally the slowdown in the end-markets. Since May, the stock is up only 0.21% (total return) compared to the S&P 500 index's (SP500) (SPY) gain of 7.8% over the same period, which may be mainly explained by weak Chinese equities as a whole. VAL BYD Co Ltd (BYDDF) Total Retu ...