Li Auto Inc. Sponsored ADR (LI) closed at $18.03 in the latest trading session, marking a -1.74% move from the prior day.
According to the average brokerage recommendation (ABR), one should invest in Li Auto (LI). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
A lot has been made of cheap Chinese cars. But Chinese car buyers are turning to more expensive models. Everyone likes a nice car.