China's Energy Storage Giant: 20% Upside Little-known in Plain Sight

Very Bullish

What Happened

Deye Co. (605117.SH) reported robust October energy storage inverter production at 200,000 units, with Q4 expected to continue high growth, according to CITIC Securities.

Bottom Line

Deye's strong production ramp and attractive valuation make it a compelling buy despite recent price weakness.

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