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.
We recently compiled a list of the 15 Biggest EV Stocks in the World in 2024 and in this article, we discuss where Li Auto Inc. (NASDAQ:LI) stands in this list and whether it’s a good investment. According to the Global EV Outlook 2024 by the International Energy Agency, electric car sales surged in 2023, […]