U.S. stocks bull stocks this week | New energy vehicle stocks rose against the market, Weilai rose more than 12%, Lucid rose more than 9%

time:2022-12-02 17:35:04 source:clevelanddrifters.com author:Individual stock recommendation
U.S. stocks bull stocks this week | New energy vehicle stocks rose against the market, Weilai rose more than 12%, Lucid rose more than 9%

Editor's note: The column "This Week's Hong Kong and US Stocks Bull Stocks" closely follows the market trends every week, takes stock of the weekly performance of the Hong Kong and US stock markets, and helps Niuyou sort out the week's hot sectors, strong stocks and major news, and find investment themes that can make money. After the fiery U.S. inflation report for August was released, there was a "hawkish frenzy" in the market. The U.S. stock market was in a slump this week. As of Thursday, the Dow Jones Industrial Average fell 3.7% for the week, the Nasdaq fell 4.62%, and the S&P 500 Index fell 4.08%. Although the overall U.S. stock market is relatively sluggish, there are still many stocks that bucked the trend and rose. This week, due to the better-than-expected performance and the hot sales of ET5 models, $ Weilai (NIO.US) $ has risen by more than 12% in the week. Deutsche Bank reiterated that NIO is its top pick in China's electric vehicle segment, with a buy rating and a $39 price target. In addition to Weilai, other U.S. new energy vehicle stocks also performed well, with $Polestar Motors (PSNY.US) $ up over 11% and $Lucid (LCID.US) $ up over 9%. On the news, U.S. President Biden will announce the approval of the first $900 million in funding on Wednesday, local time, for the construction of electric vehicle charging stations in 35 states. It is reported that the U.S. Congress approved the U.S. government to allocate nearly $5 billion over five years to build thousands of charging stations. Online sports betting platform $DraftKings (DKNG.US)$ also ushered in a "highlight moment" due to the arrival of the American Football League. The company bucked the market this week and rose more than 9%. In addition, "Sister Wood" Cathie Wood bucked the trend and bought the company when U.S. stocks plummeted on Tuesday. Natural gas liquids company Cheniere Energy (LNG.US) rose nearly 7% for the week and is up nearly 70% this year. Analysts at RBC raised their price target to $199, representing a potential upside of 15% from the latest closing price. On the other hand, the weaker stocks this week are as follows: Editor/somer Risk Warning: The opinions of the authors or guests shown above have their own specific positions, and investment decisions need to be based on independent thinking. Futu will endeavour but cannot guarantee the accuracy and reliability of the above content, and will not be liable for any loss or damage arising from any inaccuracies or omissions.

(Responsible editor:Garbage)

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