Stockchase Opinions

Kim Bolton BYD Company BYDDY-OTC TOP PICK Mar 31, 2021

Chinese tech conglomerate. One of the largest Chinese players in EVs. Price target of $68. Normally he'd buy the supply chain, but this company has both the EVs and the batteries. Warren Buffet owns 8.25% of BYD. Yield is 0.04%.
$44.350

Stock price when the opinion was issued

0
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BUY
Warren Buffett has a stake. Chinese EV company, with a massive business unit involved in battery manufacturing and lithium. One of the largest consumers of lithium.
PAST TOP PICK
(A Top Pick Mar 31/21, Up 15%) He sold around $73, just shy of the price target. Still owned in private accounts. Chinese tech conglomerate. Buffett owns 9%. Largest producer of lithium batteries. You could buy in thirds here at $50, 46-47, and 42-43. Put in a stop at $39.
TOP PICK
A huge company: cars, green power batteries and so on. Buffett once bought 14.5% of it before taking some shares. They own 32% of the new energy car market in China and 26% of the power-battery market there. They supply Hyundai, Toyota, Ford and other major carmakers batteries and new-energy cars. This is an ADR, so trading it here can be a problem. (Analysts’ price target is $104.00)
PAST TOP PICK
(A Top Pick Jan 17/23, Down 6%)

Massive conglomerate. Favourite of Warren Buffett's. Trading range between $50 and $70. Expected Chinese market to open up, but it didn't happen.

DON'T BUY

Low-cost provider, and that will be key. Leader in China, but the market's been tough. Lots of rhetoric around tariffs, so lots of uncertainty about its ability to export to other markets. Be cautious.

Off his radar. He owns BMW instead, and follows TSLA.

TRADE

Terrifically run. One of the better EVs around the world. Tariffs, slowing Chinese market. 12-month price target of $65. Not an investment, but more a trade. A success if you can get it in the low $50s, and let it go in the low $60s.

TOP PICK

It is the largest EV producer, including hybrids, in the world and is based in China. It is also the second largest maker of batteries for EV's. It is more vertically integrated than its peers and can make all the components themselves including semi-conductors, so it can control its costs and production lines. They produce a high quality vehicle for $11000. The U.S. and Canada have put a 100% tariff on their cars but many other countries that don't have domestic auto industries to protect can welcome them which leads to global expansion.      Buy 32  Hold 4  Sell 0

(Analysts’ price target is $44.45)