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Opinions Jim Cramer - Mad Money
Li AutoLIDON'T BUYDec 07, 2020
Jim Cramer - Mad MoneyUnknown
$31.49
Stock price when the opinion was issued
$14.30
As of Jun 12, 2026. Market Open.
Automotive
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Stockchase Research Editor: Michael O'Reilly LI is a manufacturer of smart electric SUVs in China, where EV sales there are expected to grow by 40% next year. December deliveries of EVs in general set new records. Sales by LI were up 530% over the year, which is now generating some significant cash flows. The company is heard to be a potential partner with Apple in their EV project. We would buy this with a stop-loss at $20, looking to target $44 -- over 40% upside. Yield 0% (Analysts’ price target is $44.20)
Automotive
He prefers Nio. He doesn't like Chinese stocks except Alibaba. Generally speaking, China handled Covid better than America did.