Why Dis VinFast Auto Stock Race 12% Higher on Tuesday

Motley Fool2023-11-22

KEY POINTSAn analyst launched coverage of the Asian electric vehicle maker.He did so with a solid buy recommendation.VinFast Auto, one of the more volatile stocks in the volatile electric vehicle (EV)...

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SubTorque
2023-11-22
SubTorque
Yes of course ramping up production for the cars is a positive but the most important thing for VINFAST , firstly is their cars selling ? Competition from TESLA and BYD will sure dampened the sale and of course not to mention the sale in the US did terribly , as for me I definitely skip this stock
Qvn
2023-11-22
Qvn
??????? Hâh

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That should expand to a total of 950,000 vehicles as soon as 2026.Ives added that VinFast's strong balance sheet, its cash equivalents, and an up to $1 billion standby equity agreement with financing company Yorkville Advisors give it a solid financial foundation.The Vietnamese company is an up-and-comer to watchWe should never blindly invest purely on the basis of an analyst take. Yet Ives' evaluation of VinFast is striking, and he makes several valid and relevant points about the company's operations. 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Hâh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244131162521760","repostId":2385034185,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":3,"commentSize":2,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2385034185"}