Is BYD the Smartest Investment You Can Make Today?
(OTC: BYDDY), China's largest automaker, has seen its stock surge nearly 330% over the past five years. That rally was driven by its explosive sales growth, market share gains, overseas expansion, and technological advancements. It also outperformed many other domestic and international automakers even as the pandemic, inflation, geopolitical conflicts, tariffs, and other macro headwinds rattled the industry.
So is BYD still one of the smartest investments you can make today? Let's review its growth rates, future catalysts and challenges, and valuations to decide.
Image source: BYD.
Source Fool.com
BYD Co. Ltd Stock
€11.38
6.340%
We see a rather positive sentiment for BYD Co. Ltd with 12 Buy predictions and 1 Sell predictions.
As a result the target price of 15 € shows a positive potential of 31.87% compared to the current price of 11.38 € for BYD Co. Ltd.
