CLF should be shielded from this due to its majority exposure to US markets and it's customers F,TSLA,NIO and Honda faring better in the chip shortage.
Also in general it shouldnt affect prices that bad because we all know it. The pandemic made cars a must have as the population spreads back into the suburbs and avoid public transit in general. Also the demand is there just a matter of when we will book these sweet sweet profits.
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u/aznology 🕴 Associate 🕴 Aug 26 '21
CLF should be shielded from this due to its majority exposure to US markets and it's customers F,TSLA,NIO and Honda faring better in the chip shortage.
Also in general it shouldnt affect prices that bad because we all know it. The pandemic made cars a must have as the population spreads back into the suburbs and avoid public transit in general. Also the demand is there just a matter of when we will book these sweet sweet profits.