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.
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.