Faraday used to be the Future

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SuperJunior
2023-11-22

Faraday used to be the Future but looks like it's going to be part of the past. Sad. $Faraday Future Intelligent Electric Inc.(FFIE)$

3 EV Stocks That Will Be the Best Performers in 2024

These are the best EV stocks to buy as they represent fundamentally strong companies with focus on innovation driven growth.

3 EV Stocks That Will Be the Best Performers in 2024

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Sad.&nbsp;&nbsp;<a href=\"https://ttm.financial/S/FFIE\">$Faraday Future Intelligent Electric Inc.(FFIE)$&nbsp;</a></p></body></html>","htmlText":"<html><head></head><body><p>Faraday used to be the Future but looks like it's going to be part of the past. Sad.&nbsp;&nbsp;<a href=\"https://ttm.financial/S/FFIE\">$Faraday Future Intelligent Electric Inc.(FFIE)$&nbsp;</a></p></body></html>","text":"Faraday used to be the Future but looks like it's going to be part of the past. Sad. $Faraday Future Intelligent Electric Inc.(FFIE)$","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/244253553627264","repostId":2385459127,"repostType":2,"repost":{"id":"2385459127","kind":"highlight","pubTimestamp":1700653603,"share":"https://www.laohu8.com/m/news/2385459127?lang=&edition=full","pubTime":"2023-11-22 19:46","market":"hk","language":"en","title":"3 EV Stocks That Will Be the Best Performers in 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2385459127","media":"InvestorPlace","summary":"These are the best EV stocks to buy as they represent fundamentally strong companies with focus on innovation driven growth.","content":"<html><head></head><body><ul style=\"\"><li><p>These are the best EV stocks to buy for a stellar stock performance next year.</p></li></ul><ul style=\"\"><li><p><strong>Li Auto</strong> (<strong><u>LI</u></strong>): Strong deliveries growth backed by launch of new models and free cash flow continues to swell.</p></li><li><p><strong>Panasonic Holdings</strong> (<strong><u>PCRFY</u></strong>): Trading at a valuation gap with the Company having aggressive growth plans in the EV batteries space.</p></li><li><p><strong>Tesla</strong> (<strong><u>TSLA</u></strong>): Ambitious growth plans until 2030 that will be backed by launch of new models and investment in new factories.</p></li></ul><p>The current year is significant in terms of the markets clearly deciding between the winners and laggards in the EV industry. Some electric vehicle stocks have surged higher while the likes of <strong>Lucid Group</strong> (NASDAQ: <strong><u>LCID</u></strong>) has plunged. This was bound to happen as intense competition is followed by a phase of Company failures and industry consolidation. I believe that some of the best EV stocks will continue to rally next year backed by strong financial performance.</p><p>This column discusses three of the top EV stocks to buy and hold. Without doubt, I am bullish on these stocks for 2024. However, I would not hesitate in holding these electric vehicles stocks until 2030. From current levels, multibagger returns seem likely backed by innovation driven growth.</p><p>It also goes without saying that industry tailwinds will remain positive. The global adoption of electric vehicles is still at an early stage and the companies discussed are likely to be the leading players. Let’s discuss the reasons to be bullish on these stocks.</p><h2 id=\"id_4000335447\">Li Auto (LI)</h2><p><strong>Li Auto</strong> (NASDAQ: <strong><u>LI</u></strong>) stock has started trending higher again after a correction driven by profit booking. With stellar growth numbers, LI stock remains attractively valued at a forward price-earnings ratio of 30. I would be betting on 70% to 100% returns from the stock next year.</p><p>For Q3 2023, Li reported revenue growth of 271.6% on a year-on-year basis to $4.6 billion. For the same period, vehicle gross margin was 21.2% and Li Auto reported robust free cash flow of $1.8 billion.</p><p>Additionally, with $12.13 billion in cash and equivalents, the company has high financial flexibility to pursue aggressive retail expansion in China. The robust liquidity buffer will also support research and development activities as Li Auto continues to launch new models.</p><p>Recently, the company unveiled LI MEGA with orders for the model exceeding 10,000 in two hours. With commercial deliveries commencing in February 2024, deliveries growth momentum is likely to remain strong in the coming year. As cash flows swell further, LI stock is likely to maintain positive momentum.</p><h2 id=\"id_3670396554\">Panasonic Holdings (PCRFY)</h2><p><strong>Panasonic Holdings </strong>(OTCMKTS: <strong><u>PCRFY</u></strong>) is possibly the best bet among EV battery stocks. From a valuation perspective, PCRFY stock looks attractive at a forward price-earnings ratio of 10.3. Further, the stock offers a dividend yield of 2.23% and I am bullish on healthy dividend growth.</p><p>I must mention that I am bullish on the stock surging higher in 2024 on the back of valuations and ambitious growth plans. However, I view Panasonic as a long-term hold than a trading bet for the next few quarters. By 2031, the company plans to quadruple battery production capacity as compared to the last financial year. This will translate into healthy revenue and cash flow upside in the next few years.</p><p>Panasonic is also on the forefront of innovation. Be it sold-state batteries or an increase in battery density, the company has exciting developments lined-up. Entry into solid-state batteries space for drones also looks promising. Of course, these are long term plans, but it also implies that PCRFY stock can be a potential multibagger.</p><h2 id=\"id_1161923299\">Tesla (TSLA)</h2><p>It’s been a year of strong comeback for <strong>Tesla</strong> (NASDAQ: <strong><u>TSLA</u></strong>) stock with a year-to-date rally of 116%. I believe that the positive momentum is likely to sustain for TSLA stock next year.</p><p>In terms of growth, the commencement of deliveries for Cybertruck is likely to be a catalyst in 2024. The launch of Tesla Roadster and Tesla Semi is also on the cards within the next 24 months. The entry into commercial EVs is likely to be rewarding in the next five years.</p><p>Wedbush Securities analyst Dan Ives believes that Tesla’s Supercharger network will represent 3% to 6% of Tesla’s total revenue by 2030. This segment will have an impact on valuations in the coming years.</p><p>I must add that Elon Musk had talked about an ambitious target of selling 20 million electric vehicles by 2030. In the next five years, I expect multiple new factories wit some potential locations being Indian and Indonesia.</p></body></html>","source":"investorplace_stock_picks","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>3 EV Stocks That Will Be the Best Performers in 2024</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; 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}\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\">\n3 EV Stocks That Will Be the Best Performers in 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-22 19:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/11/3-ev-stocks-that-will-be-the-best-performers-in-2024/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These are the best EV stocks to buy for a stellar stock performance next year.Li Auto (LI): Strong deliveries growth backed by launch of new models and free cash flow continues to swell.Panasonic ...</p>\n\n<a href=\"https://investorplace.com/2023/11/3-ev-stocks-that-will-be-the-best-performers-in-2024/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0823411888.USD":"法巴消费创新基金 Cap","BK4548":"巴美列捷福持仓","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0079474960.USD":"联博美国增长基金A","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4532":"文艺复兴科技持仓","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4554":"元宇宙及AR概念","LU0061474960.USD":"天利环球焦点基金AU Acc","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4534":"瑞士信贷持仓","LU0171293334.USD":"贝莱德英国基金A2","LCID":"Lucid Group Inc","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LI":"理想汽车","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","PCRFY":"松下","BK4535":"淡马锡持仓","BK4538":"云计算","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","TSLA":"特斯拉","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU0149725797.USD":"汇丰美国股市经济规模基金","02015":"理想汽车-W","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","TSLQ":"Tradr 2X Short TSLA Daily ETF","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD"},"source_url":"https://investorplace.com/2023/11/3-ev-stocks-that-will-be-the-best-performers-in-2024/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2385459127","content_text":"These are the best EV stocks to buy for a stellar stock performance next year.Li Auto (LI): Strong deliveries growth backed by launch of new models and free cash flow continues to swell.Panasonic Holdings (PCRFY): Trading at a valuation gap with the Company having aggressive growth plans in the EV batteries space.Tesla (TSLA): Ambitious growth plans until 2030 that will be backed by launch of new models and investment in new factories.The current year is significant in terms of the markets clearly deciding between the winners and laggards in the EV industry. Some electric vehicle stocks have surged higher while the likes of Lucid Group (NASDAQ: LCID) has plunged. This was bound to happen as intense competition is followed by a phase of Company failures and industry consolidation. I believe that some of the best EV stocks will continue to rally next year backed by strong financial performance.This column discusses three of the top EV stocks to buy and hold. Without doubt, I am bullish on these stocks for 2024. However, I would not hesitate in holding these electric vehicles stocks until 2030. From current levels, multibagger returns seem likely backed by innovation driven growth.It also goes without saying that industry tailwinds will remain positive. The global adoption of electric vehicles is still at an early stage and the companies discussed are likely to be the leading players. Let’s discuss the reasons to be bullish on these stocks.Li Auto (LI)Li Auto (NASDAQ: LI) stock has started trending higher again after a correction driven by profit booking. With stellar growth numbers, LI stock remains attractively valued at a forward price-earnings ratio of 30. I would be betting on 70% to 100% returns from the stock next year.For Q3 2023, Li reported revenue growth of 271.6% on a year-on-year basis to $4.6 billion. For the same period, vehicle gross margin was 21.2% and Li Auto reported robust free cash flow of $1.8 billion.Additionally, with $12.13 billion in cash and equivalents, the company has high financial flexibility to pursue aggressive retail expansion in China. The robust liquidity buffer will also support research and development activities as Li Auto continues to launch new models.Recently, the company unveiled LI MEGA with orders for the model exceeding 10,000 in two hours. With commercial deliveries commencing in February 2024, deliveries growth momentum is likely to remain strong in the coming year. As cash flows swell further, LI stock is likely to maintain positive momentum.Panasonic Holdings (PCRFY)Panasonic Holdings (OTCMKTS: PCRFY) is possibly the best bet among EV battery stocks. From a valuation perspective, PCRFY stock looks attractive at a forward price-earnings ratio of 10.3. Further, the stock offers a dividend yield of 2.23% and I am bullish on healthy dividend growth.I must mention that I am bullish on the stock surging higher in 2024 on the back of valuations and ambitious growth plans. However, I view Panasonic as a long-term hold than a trading bet for the next few quarters. By 2031, the company plans to quadruple battery production capacity as compared to the last financial year. This will translate into healthy revenue and cash flow upside in the next few years.Panasonic is also on the forefront of innovation. Be it sold-state batteries or an increase in battery density, the company has exciting developments lined-up. Entry into solid-state batteries space for drones also looks promising. Of course, these are long term plans, but it also implies that PCRFY stock can be a potential multibagger.Tesla (TSLA)It’s been a year of strong comeback for Tesla (NASDAQ: TSLA) stock with a year-to-date rally of 116%. I believe that the positive momentum is likely to sustain for TSLA stock next year.In terms of growth, the commencement of deliveries for Cybertruck is likely to be a catalyst in 2024. The launch of Tesla Roadster and Tesla Semi is also on the cards within the next 24 months. The entry into commercial EVs is likely to be rewarding in the next five years.Wedbush Securities analyst Dan Ives believes that Tesla’s Supercharger network will represent 3% to 6% of Tesla’s total revenue by 2030. This segment will have an impact on valuations in the coming years.I must add that Elon Musk had talked about an ambitious target of selling 20 million electric vehicles by 2030. In the next five years, I expect multiple new factories wit some potential locations being Indian and Indonesia.","news_type":1},"isVote":1,"tweetType":1,"viewCount":285,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["FFIE"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":111,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}