JPMorgan: CATL's 18% Crash Is a Gift – 50% Upside Ahead

Very Bullish · $300750.SZ

What Happened

JPMorgan reports that CATL's recent 18% selloff is overdone, as copper foil supply bottlenecks have been resolved with modest processing fee hikes, and October production is set to rebound 6% month-over-month.

Bottom Line

JPMorgan maintains CATL as top pick, viewing the recent dip as a buying opportunity amid strong long-term growth drivers.

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