Why Dis VinFast Auto Stock Race 12% Higher on Tuesday

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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
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
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Qvn
·2023-11-22
??????? Hâh
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The Vietnam-based company&#39;s share price increased by just under 12% on the day. The stock&#39;s upward move contrasted with the <strong>S&amp;P 500</strong> index&#39;s 0.2% dip.</p><h2 id=\"id_2092040678\">VinFast initiated as a buy at Wedbush Securities</h2><p>Wedbush Securities analyst Daniel Ives initiated coverage on VinFast stock that morning. He tagged it with an outperform (i.e., buy) recommendation at a price target of $12 per share -- more than double the stock&#39;s level at the start of the trading day.</p><p>The move came after a visit by Ives and his team to the EV maker&#39;s operations in its home country. Ives feels that VinFast has the potential to ramp up production quickly in its Vietnam facility. At the moment this has capacity to make 250,000 vehicles, a similar number of electric scooters, and 3,000 buses, according to the analyst. That should expand to a total of 950,000 vehicles as soon as 2026.</p><p>Ives added that VinFast&#39;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.</p><h2 id=\"id_999419518\">The Vietnamese company is an up-and-comer to watch</h2><p>We should never blindly invest purely on the basis of an analyst take. Yet Ives&#39; evaluation of VinFast is striking, and he makes several valid and relevant points about the company&#39;s operations. This is a very determined business with plenty of muscle, and as such it&#39;ll surely be one to watch as the prominence of EVs continues to grow.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Dis VinFast Auto Stock Race 12% Higher on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Dis VinFast Auto Stock Race 12% Higher on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-22 11:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/11/21/why-vinfast-auto-stock-raced-12-higher-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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)...</p>\n\n<a href=\"https://www.fool.com/investing/2023/11/21/why-vinfast-auto-stock-raced-12-higher-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VFS":"VinFast Auto","BK4099":"汽车制造商"},"source_url":"https://www.fool.com/investing/2023/11/21/why-vinfast-auto-stock-raced-12-higher-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2385034185","content_text":"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) sector, was well in positive territory as Tuesday's trading session came to a close. The Vietnam-based company's share price increased by just under 12% on the day. The stock's upward move contrasted with the S&P 500 index's 0.2% dip.VinFast initiated as a buy at Wedbush SecuritiesWedbush Securities analyst Daniel Ives initiated coverage on VinFast stock that morning. He tagged it with an outperform (i.e., buy) recommendation at a price target of $12 per share -- more than double the stock's level at the start of the trading day.The move came after a visit by Ives and his team to the EV maker's operations in its home country. Ives feels that VinFast has the potential to ramp up production quickly in its Vietnam facility. At the moment this has capacity to make 250,000 vehicles, a similar number of electric scooters, and 3,000 buses, according to the analyst. 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. This is a very determined business with plenty of muscle, and as such it'll surely be one to watch as the prominence of EVs continues to grow.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":244131162521760,"gmtCreate":1700626385013,"gmtModify":1700626389348,"author":{"id":"4117360444208842","authorId":"4117360444208842","name":"Qvn","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"??????? Hâh","listText":"??????? Hâh","text":"??????? 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,"repost":{"id":"2385034185","pubTimestamp":1700625431,"share":"https://www.laohu8.com/m/news/2385034185?lang=&edition=full","pubTime":"2023-11-22 11:57","market":"us","language":"en","title":"Why Dis VinFast Auto Stock Race 12% Higher on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2385034185","media":"Motley Fool","summary":"The ambitious carmaker gets a major thumbs-up from a pundit.","content":"<html><head></head><body><h2 id=\"id_3179413492\" style=\"text-align: start;\">KEY POINTS</h2><ul style=\"\"><li><p>An analyst launched coverage of the Asian electric vehicle maker.</p></li><li><p>He did so with a solid buy recommendation.</p></li></ul><p><strong><a href=\"https://laohu8.com/S/VFS\">VinFast Auto</a></strong>, one of the more volatile stocks in the volatile electric vehicle (EV) sector, was well in positive territory as Tuesday&#39;s trading session came to a close. The Vietnam-based company&#39;s share price increased by just under 12% on the day. The stock&#39;s upward move contrasted with the <strong>S&amp;P 500</strong> index&#39;s 0.2% dip.</p><h2 id=\"id_2092040678\">VinFast initiated as a buy at Wedbush Securities</h2><p>Wedbush Securities analyst Daniel Ives initiated coverage on VinFast stock that morning. He tagged it with an outperform (i.e., buy) recommendation at a price target of $12 per share -- more than double the stock&#39;s level at the start of the trading day.</p><p>The move came after a visit by Ives and his team to the EV maker&#39;s operations in its home country. Ives feels that VinFast has the potential to ramp up production quickly in its Vietnam facility. At the moment this has capacity to make 250,000 vehicles, a similar number of electric scooters, and 3,000 buses, according to the analyst. That should expand to a total of 950,000 vehicles as soon as 2026.</p><p>Ives added that VinFast&#39;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.</p><h2 id=\"id_999419518\">The Vietnamese company is an up-and-comer to watch</h2><p>We should never blindly invest purely on the basis of an analyst take. Yet Ives&#39; evaluation of VinFast is striking, and he makes several valid and relevant points about the company&#39;s operations. This is a very determined business with plenty of muscle, and as such it&#39;ll surely be one to watch as the prominence of EVs continues to grow.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Dis VinFast Auto Stock Race 12% Higher on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Dis VinFast Auto Stock Race 12% Higher on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-22 11:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/11/21/why-vinfast-auto-stock-raced-12-higher-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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)...</p>\n\n<a href=\"https://www.fool.com/investing/2023/11/21/why-vinfast-auto-stock-raced-12-higher-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VFS":"VinFast Auto","BK4099":"汽车制造商"},"source_url":"https://www.fool.com/investing/2023/11/21/why-vinfast-auto-stock-raced-12-higher-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2385034185","content_text":"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) sector, was well in positive territory as Tuesday's trading session came to a close. The Vietnam-based company's share price increased by just under 12% on the day. The stock's upward move contrasted with the S&P 500 index's 0.2% dip.VinFast initiated as a buy at Wedbush SecuritiesWedbush Securities analyst Daniel Ives initiated coverage on VinFast stock that morning. He tagged it with an outperform (i.e., buy) recommendation at a price target of $12 per share -- more than double the stock's level at the start of the trading day.The move came after a visit by Ives and his team to the EV maker's operations in its home country. Ives feels that VinFast has the potential to ramp up production quickly in its Vietnam facility. At the moment this has capacity to make 250,000 vehicles, a similar number of electric scooters, and 3,000 buses, according to the analyst. 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. This is a very determined business with plenty of muscle, and as such it'll surely be one to watch as the prominence of EVs continues to grow.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":3,"commentSize":0,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}