Chinese electric vehicle stocks fell sharply. Xpeng Motors fell about 6%, NIO fell about 5%, Li fell more than 7%.Days ago, 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: BYD Company Limited BYDDY, NIO Inc. NIO, Li Auto Inc. LI and XPeng Inc. XPEV.Here are highlights from Monday’s Analyst Blog:Chinese Auto
Which way might Apple stock head: up 40% or down 30%?Three Wall Street analysts believe that either outcome is plausible. Here are the paths that could propel shares to the moon or send them crashing down.Wall Street analysts seem to agree, on average, that Apple stock is a strong buy. But around the consensus price target of $150 per share, estimates vary widely: from $83 at the bearish end to $175 at the bullish end of the spectrum.What might justify Apple stock rising nearly 40% to reach the
Tesla Deliveries Are Coming. They Matter More Than Ever. Here’s What to Expect.
The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.Numbers will matter even more for richly valued, high-growth companies such as Tesla. Tesla investors want growth, and the chip situation is squeezing growth. Both General Motors and Ford Motor have taken unexpected plant downtime recently and