3 Auto Stocks to Buy on the Dip: July 2024
Make no mistake, these three auto stocks are anything but lemons; rather, they are oversold and underappreciated by investors.
Li Auto Inc. operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises MPVs and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment. The company offers its products through online and offline channels. The company was formerly known as Leading Ideal Inc. and changed its name to Li Auto Inc. in July 2020. Li Auto Inc. was founded in 2015 and is headquartered in Beijing, the People's Republic of China.
| 19.14 | |
| 19.25 | |
| - | |
| 19.27 | |
| 18.8702 | |
| 17.75-47.33 | |
| 20 371 M | |
| 12.973 | |
| 1 061 M | |
| 130 698 M | |
| 0.56 | |
| 0.955 |
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Make no mistake, these three auto stocks are anything but lemons; rather, they are oversold and underappreciated by investors.
In the latest market close, Li Auto Inc. Sponsored ADR (LI) reached $19.20, with a +1.91% movement compared to the previous day. This move outpaced the S&P 500's daily loss of 0.51%. Elsewhere, the Do...
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