BYD's Growth Story in 1 Clear Chart
Electric vehicle (EV) maker (OTC: BYDDY) isn't an automotive start-up. It's been manufacturing vehicles in China for more than 20 years. Its first new energy vehicle -- a plug-in hybrid -- was introduced in 2008. BYD then launched a fully battery-powered electric car the next year.
BYD can arguably be called the global EV leader even over Tesla. The Chinese company generates more revenue than Tesla, and it is still growing. One chart may convince investors that its stock is the better buy, too.
Image source: BYD.
Source Fool.com
BYD Co. Ltd Stock
€11.25
-1.140%
With 12 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 15 € there is a positive potential of 33.39% for BYD Co. Ltd compared to the current price of 11.25 €.
