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schneidtmanuel
Jan 27, 2021 4:10 PM

Xiaomi Long Chance Long

Xiaomi Corp.OTC

Description

Warning: This is not investment advice. Trade at your own risk.

With a market share of nearly 10%, phones from Xiaomi are now the fifth most sold phones in the world.
Here are the main reasons to hold Xiaomi through 2021:

-Increasing market share
-Solid equity for investments in new technologies
-People tend to buy cheaper phones
-Low P/E Ratio compared to the Tech Industry.

Following the trend line in the chart, you can see that now would be a good buy for Xiaomi.
Comments
deancarvalho007
Technicals good but hard to find raving fans for this product in North America, product is not up to the mark
bs73sma
What about the investment ban by the US government? Do you not worry this will negatively affect their growth?
schneidtmanuel
@bs73sma Xiaomi has filed a lawsuit against the US.
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