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
€12.06
0.120%
We see a rather positive sentiment for BYD Co. Ltd with 13 Buy predictions and 1 Sell predictions.
As a result the target price of 15 € shows a positive potential of 24.43% compared to the current price of 12.06 € for BYD Co. Ltd.
