Consolidation phase - the strong will grow stronger
EV Stocks dipped in Monday morning trading
EV Stocks dipped in Monday morning trading.Tesla,Nio,Xpeng Motors and Li Auto fell between 2% and 3%.China has vowed to consolidate the country’s electric vehicle industry after a decade-long nurturing of the sector led to the emergence of too many players, some of which are barely viable.“Looking forward, EV companies should grow bigger and stronger. We have too many EV firms on the market right now,” Xiao Yaqing, the minister for industry and information technology, said at a press conference
It’s easy to advocate picking high quality stocks with solid profits & dividends but it’ll be even better if you may list down a number of them which tick the boxes
What Will Happen When Trillions In Stimulus Run Out In 2022?
Summary
The US economy and stock market have benefitted from an unprecedented amount of stimulus in