I can see why contrarian investors may be interested in XPeng (NYSE:XPEV) stock. Shares in China-based electric vehicle (or EV) companies have fallen out of favor among investors, but the shift in sentiment has been the most dramatic among this particular name.
As a result of its extended price decline since June, Xpeng has become seemingly undervalued, if you compare its valuation (on a price/sales, or P/S, basis) to that of comparable names.
But while it’s true XPeng trades at a discount to its peers, that doesn’t make it a bargain. There’s a reason why XPEV trades at a lower sales multiple. This company is facing even more challenges than the other high-profile China-based EV makers with U.S. stock market listings.
It’s not an opportune move to try and call a bottom in this stock, as it’s likely to become “cheaper” from here. Here’s why.
XPEV XPeng $9.05
Top 5 Undervalued Stocks For 2023: Waste Management, Inc.(WM)
The financial statements presented in this report represent the consolidation of Waste Management, Inc., a Delaware corporation; Waste Management’s wholly-owned and majority-owned subsidiaries; and certain variable interest entities for which Waste Management or its subsidiaries are the primary beneficiaries as described in Note 20 to the Consolidated Financial Statements. Waste Management is a holding company and all operations are conducted by its subsidiaries. When the terms “the Company,” “we,” “us” or “our” are used in this document, those terms refer to Waste Management, Inc., its consolidated subsidiaries and consolidated variable interest entities. When we use the term “WM,” we are referring only to Waste Management, Inc., the parent holding company.
WM was incorporated in Oklahoma in 1987 under the name “USA Waste Services, Inc.” and was reincorporated as a Delaware company in 1995. Advisors’ Opinion:
- [By Todd Campbell, Jamal Carnette, CFA, and Nicholas Rossolillo]
To lower the risk of picking the wrong dividend stock, we asked three Motley Fool contributors what their favorites are for forever-style portfolios. Read on to find out why they recommend Verizon (NYSE:VZ), Waste Management (NYSE:WM), and Target (NYSE:TGT).
- [By John Bromels]
And what’s more dull and unexciting than doing chores? Business services stocks are basically the chore-doers of the economy: Their clients outsource boring work to them. Still, while these jobs may be boring — or even a little bit disgusting — somebody has to do them. And services stocks Cintas (NASDAQ:CTAS), Waste Management (NYSE:WM), and Darling Ingredients (NYSE:DAR) provide essential services that can pay off for investors. Here’s why buying these stocks looks like a no-brainer.
- [By Tyler Crowe, Sean Williams, and Brian Stoffel]
So we asked three Motley Fool contributors to each highlight a stock they think would be right up Warren Buffett’s alley. Here’s why they picked Waste Management (NYSE:WM), White Mountains Insurance Group (NYSE:WTM), and Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL).
- [By Motley Fool Transcribing]
Waste Management (NYSE:WM) Q4 2018 Earnings Conference CallFeb. 14, 2019 10:00 a.m. ET
Prepared Remarks Questions and Answers Call Participants
Top 5 Undervalued Stocks For 2023: Transcontinental Realty Investors, Inc.(TCI)
Transcontinental Realty Investors, Inc. acquires, develops, and owns residential and commercial real estate properties through acquisitions, leases, and partnerships in the United States. The company leases apartment units to residents; leases office, industrial, and retail space to various for-profit businesses, as well as to local, state, and federal agencies; and leases trade show and exhibit space to temporary, as well as long-term tenants. In addition, its real estate properties consist of commercial properties, including office buildings, industrial warehouses, and shopping centers; apartments; and new properties, such as apartment homes. Further, the company invests in unimproved land and apartment development and construction, and mortgage loans on real estate, including first, and wraparound and junior mortgage loans. Additionally, it originates its mortgage loans, and acquires existing mortgage notes directly from builders, developers, and property owners, as well as through mortgage banking firms, commercial banks, and other qualified brokers. As of September 30, 2008, its properties consisted of 29 commercial buildings, including 20 office buildings, 5 commercial warehouses, and 4 retail centers; 51 apartment communities; and 7,425 acres of developed and undeveloped land. The company was founded in 1983 and headquartered in Dallas, Texas.