Bernstein loves these global battery stocks — giving 3 over 50% upside

  • 📰 CNBC
  • ⏱ Reading Time:
  • 43 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 72%

EVE Energy Co Ltd ข่าว

Gotion High Tech Co Ltd,Amplify Lithium & Battery Technology ETF,Samsung SDI Co Ltd

Bernstein says it expects the number of applications for batteries to 'proliferate' as they become cheaper and better.

Battery demand for commercial vehicles has been growing, Bernstein says, naming three stocks with over 50% upside potential that it likes. The rapid growth in battery demand for commercial vehicles is thanks in part to falling battery prices, the investment bank's analysts wrote in an Aug. 15 research note.

. The company - which has a market share of over 65% in the commercial vehicle battery industry - "dominates the commercial vehicle battery market," the bank's analysts wrote. installed 13 gigawatt-hours of commercial vehicle battery in the first half of the year, exceeding that of peers EVE Energy and Gotion High tech , they noted. Shares in

are listed on the Shenzhen Stock Exchange and are traded in the Amplify Lithium & Battery Technology ETF and KraneShares MSCI China Clean Technology Index ETF . Bernstein has an overweight rating on the stock at a price target of 300 Chinese yuan , giving it potential upside of around 72%. Other stocks it is overweight-rated on include Samsung SDI and LG Chem, both of which are listed on the Korea Exchange and trade as American Depositary Receipts in the U.S.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 12. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว