Why QuantumScape, Nio, and XPeng Stocks Rocketed More Than 50% Higher in July
Some electric vehicle (EV) sector stocks blasted higher in July. But investors took some profits, giving others an education on owning these volatile names. Solid-state battery maker QuantumScape (NYSE: QS) led the way with a 67% gain in July, according to data provided by S&P Global Market Intelligence.
Chinese EV makers Nio (NYSE: NIO) and XPeng (NYSE: XPEV) weren't far behind with increases of 58% and 56%, respectively, for last month. While the Chinese stocks gave back some of those hefty gains, QuantumScape shareholders have seen the entire July rise erased in just the first week of August. There's a good lesson for investors in all of that volatility.
There were real and fundamental reasons why investors pushed shares of these companies sharply higher last month. QuantumScape updated investors on positive progress toward commercialization of its technology, XPeng announced a surprise new partnership with global automaker , and Nio returned to strong sales growth with signs that indicate that can continue.
Source Fool.com
Volkswagen AG ST Aktie
Positive Tendenz bei Volkswagen AG ST mit mehreren Buy-Einschätzungen als Sell-Einschätzungen.
Für Volkswagen AG ST sieht die Community ein Kursziel von 140 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 110.8 € bedeutet.
