EV Stock LI Reports Earnings | Best Stock Picks Today 11-13-20

EV Stock LI Reports Earnings | Best Stock Picks Today 11-13-20

BEST STOCK PICKS TODAY

Trading Game Plan: 11-13-20

Electric vehicle companies continue to shine as XPEV traded as much as 44% higher yesterday. Today LI takes center stage with earnings scheduled for this morning.

Vehicle sales in China rose 12.5% in October, versus the prior-year period. But sales of new-energy vehicles -- which include battery-powered EVs, fuel-cell cars, and plug-in hybrids -- more than doubled to 160,000.

Li Auto reported last week that it delivered a total of 8,660 vehicles in the third quarter, including 3,692 of its Li ONE in October, which it called a "steady increase" over September. It also said it received a record number of orders in October.

DKNG has earnings scheduled for pre-market. The current estimate for revenues currently stands at $132.2 million.

The consensus mark for loss has widened from 48 cents to 64 cents per share over the past 30 days.

AAPL disappeared from our game plan the last few weeks but rests near a key breakout level. Today's trade setup has five dollars profit potential if we get the entry signal.

DIS reported earnings which marks the transformation into a full-fledged media company. The pandemic would have decimated the old business model but the streaming services have the stock price trading higher after earnings.

In total we review fourteen stock picks for today.

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Pete Renzulli
 

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