10 Stocks Outperform Wall Street Indices on Wednesday

2. XPeng Inc. (NYSE:XPEV)

XPeng grew firmer on Wednesday, closing the trading session up by 14.95 percent to finish at $21.99 each as investors cheered the company’s plan to go aggressive on expanding into international markets.

Earlier this month, XPEV CEO He Xiaopeng said that the company targets to increase its international market portfolio to 60 this year from 30 countries in 2024.

“This year, we will increase to 60 and will have established more than 300 after-sales service points worldwide,” he said.

As part of the promise, XPEV already officially launched its G6 and G9 SUVs in Finland while signaling plans to open two showrooms in Helsinki and Espoo within the year.

Meanwhile, it is expected to launch its G7 models in Australia in 2026 and will undercut the Tesla Model Y in terms of pricing.

Over the next 10 years, he said that the international markets are expected to power its sales.