Why LI Stock Remains the Top Choice Among China EV Plays

Uncertainty over the future growth of China’s EV sector is keeping top plays in the space at low prices. Li Auto (NASDAQ:LI) is no exception. Although LI stock has yet to tumble back to its 52-week low, shares in the electric vehicle manufacturer have declined by over 35% over the past six months.Although these declines are relatively modest compared to big tumbles that two of Li’s key China-based peers have experienced, don’t assume either name has become oversold/fallen into deep value territory.Both Nio ...