Is BYD worthy of buying?

Thank you for the clarification, Mat.

Hey there,

In our opinion, if the stock is on our list that it is something that we'd be comfortable buying.

It is also important to note that the target prices are based an analysts estimates and vary wildly and get updated all the time. Case in point - the new price target for BYD is now $215 per share - as it received several upgrades after the company's latest report and after we updated ours. At today's price of ~$175, that is a ~18% discount to the one-year estimate average. Usually, it takes analysts a few weeks to update their ratings on stocks post-earnings and this time, we saw several revisions upwards after the strong quarter.

Mat