BYD ( OTCPK:BYDDY ) ( OTCPK:BYDDF ) is growing rapidly on the top and bottom lines, while the stock's valuation is quite attractive. Moreover, the automaker is benefiting from its innovations in the areas of supply chains and driving range. Also, importantly, the firm is Analyst's Disclosure: I/we have a beneficial long position in the shares of BYDDY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the s ...

According to a study released by the Brazilian Association of Automotive Manufacturers (Anfavea) on September 27, sales of new all-electric or hybrid vehicles in Brazil are expected to surpass internal combustion engine (ICE) vehicles by 2030. Brazil is the eighth-largest vehicle producer and the sixth-largest market globally by domestic sales. The study further indicates that by 2040, over 90% of new vehicle sales in Brazil will be electric or hybrid vehicles, a significant increase from the current 7%. Ch ...

FUZHOU, China, Sept. 24, 2024 /PRNewswire/ -- Shengfeng Development Limited ("Shengfeng" or the "Company") (NASDAQ: SFWL), a contract logistics company providing customers with integrated logistics solutions, today announced the renewal of its logistics services contract (the "Contract") with BYD Co. Ltd., China-based company principally engaged in the manufacture and sales of transportation equipment, including electric vehicles (EVs), battery technologies, and renewable energy ("BYD"). Since January 2023, ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth S ...

Byd Co., Ltd. (BYDDY) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Indivi ...

For Immediate Releases Chicago, IL – September 16, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Blue Bird Corp (BLBD) , BYD Co. Ltd. (BYDDY) and Dorman Products (DORM) . Here are highlights from Monday's Analyst Blog: Brokers Bullish on These 3 Auto Stocks: Still Time to Buy? Wall Street is optimistic about a ...

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The Zacks Automotive – Foreign industry is grappling with mixed signals from key markets. In China, despite a rise in vehicle sales and a surge in new energy vehicle (NEV) demand, concerns over economic headwinds and international tariffs loom large. Europe's BEV market faces a downturn, marked by declining sales and economic uncertainty, with major players like Volkswagen (VWAGY) considering plant closures. Meanwhile, Japan's market is also struggling with sluggish auto sales. While near-term prospects of ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the task of finding cutting-edge growth stocks is made easy with the hel ...