Li Auto's shares went up in Ju

2022-09-05

Li Auto's shares went up in June because the company's monthly deliveries and the new L9 SUV's orders exceeded market expectations.

My future outlook for Li Auto's stock price performance is that the company's shares will be range-bound in the short term, considering LI's valuations and growth prospects.

I rate Li Auto as a Hold, as I don't see LI's positive share price momentum being sustained due to fair valuations and a mixed business outlook.

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Comments

rachhy
2022-09-06
rachhy
great news
CYKuan
2022-09-06
CYKuan
thanks for sharing
Moah
2022-09-06
Moah
Ol
TSY123
2022-09-06
TSY123
Like cool
Seah CL
2022-09-06
Seah CL
like
Tonnie
2022-09-06
Tonnie
Ok

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