China new energy vehicle sales to grow over 40%/yr in next 5 yrs -industry body
SHANGHAI, June 18 - China's new energy vehicle sales are expected to grow more than 40% each year in the next five years, a senior official at the China Association of Automobile Manufacturers said on Friday.Fu Bingfeng, executive vice chairman of CAAM, made the remarks at a conference held by the industry body in Shanghai.Fu's presentation showed that CAAM forecasts sales of NEVs, including battery electric, plug-in hybrid and hydrogen fuel cell vehicles, to hit 1.9 million units this year a
Here's the formula for spotting genuinely undervalued companies, claims this investment house
The growth stock vs. value stock dichotomy doesn't make sense, says ValuAnalysis. For most of 2020, investors poured money into names like online retailer Amazon $$, electric-car maker Tesla $$, and e-commerce platform Shopify -- "growth" stocks that kept indexes afloat in a turbulent year that hammered share prices across the board.But when news broke in early November 2020 that drug company Pfizer $$ and its partner BioNTech $$ had developed an effective vaccine against COVID-19, something pro