Aptiv: A Value Stock Amidst EV Adoption Slowdown (Rating Upgrade)
Portfolio Pulse from
Aptiv's growth has stalled in 2024 due to a slowdown in EV production and car sales. Despite this, long-term EV adoption trends are positive for Aptiv. The stock is estimated to have a 65% upside to a fair value of ~$96.
December 16, 2024 | 1:15 pm
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POSITIVE IMPACT
Aptiv's growth has stalled in 2024 due to a slowdown in EV production and car sales. Despite this, long-term EV adoption trends are positive for Aptiv. The stock is estimated to have a 65% upside to a fair value of ~$96.
Aptiv's stock has been upgraded due to its strong margin control and long-term growth potential despite current slowdowns in EV production and car sales. The estimated 65% upside to a fair value of ~$96 suggests a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100