I don't know about you, but I'm going to take advantage of Xpeng $XPEV'+3.3%s drop to $8 today to expand my portfolio to include electric car makers. It may not make sense to everyone, for me $8 was a buy target. Sales, profits and even their deliveries may not be impressive to everyone, but guys, if you like cars, check out the XPeng P7 and the reviews right away. I'm telling you, this model is going to be something big.
What are you buying today?
XPeng Inc.
XPEVCapital Structure
Market Cap
12.7B
Enterpr. Val.
88.5B
Valuation
P/E
-10.3
P/S
2.4
XPENG, on the contrary, makes a lot of sense to me!
I didn't know this company and it's probably not for me.
Otherwise, I'm not buying anything today, given that all the stocks I want to buy are high :)
I'm crossing my fingers, but I'm not doing it. They're down 34%, that's too much...