Is NIO Stock a Buy at $62? (Should You Buy Now or Wait) - NIO Stock Prediction

Is NIO Stock a Buy at $62? (Should You Buy Now or Wait) – NIO Stock Prediction

NIO inventory has been seeing a pleasant optimistic development each yesterday and right this moment, however does this make NIO inventory a purchase at their present share worth of round $62, or must you maintain off for a greater worth? On this video, I am going over a inventory replace for NIO and run by way of an up to date NIO evaluation, in addition to some details about what my ideas are on what prompted this sudden upwards development in NIO’s share worth. I additionally give my ideas on whether or not this makes NIO a very good inventory to purchase proper now.
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For many who have not been maintaining with NIO not too long ago, here’s a little background. NIO not too long ago obtained a worth forecast improve from a JP Morgan analyst amongst different analysts who gave NIO a brand new worth goal which is nice information and a really bullish signal for NIO.

Another information concerning NIO, if you happen to missed a few of my older movies, NIO ended up promoting 88.5 million shares in August and so they initially solely deliberate to promote 75 million shares, and so they offered these shares at a worth of $17 per share, whereas the value was at $18.50 at market shut on that earlier Friday. NIO inventory additionally has lots of potential, and they’re presently competing with Tesla over in China, which is fairly large as a result of not many corporations can compete with Tesla. NIO additionally not too long ago launched their battery-as-a-service which has been a bullish catalyst for NIO.

This battery service will enable NIO clients to lease the battery fairly than having to purchase a complete ES6, EC6, or ES8, drastically lowering the value to personal an electrical automobile. This might additionally trigger individuals to query “Is NIO the subsequent Tesla?” NIO additionally has a possible take care of Intel to create robotaxis by the yr 2022 and this might be large for NIO and NIO’s share worth. Stick round since you do not need to miss this one. Additionally, if you happen to’re studying this, depart a remark about what your favourite EV inventory is, I might love to listen to it!

A terrific brokerage when you’re simply getting began is Robinhood. Additionally they enable for fractional shares, dividend reinvesting, in addition to a complete host of different goodies! You can too join Webull, which supplies extra in-depth info if you’re on the lookout for a brokerage with a bit of extra energy. Both manner, they’re each nice platforms! Hyperlinks above to enroll in each brokerages and get free shares while you enroll.

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I’m not a monetary advisor nor do I declare to be. The concepts and opinions introduced on this video are private opinions and for leisure functions solely.

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  1. NIO is a lifestyle brand. They make cars, but they also make clothing. They have NIO social gatherings. NIO also runs under a 'battery as a service' business model. So, not only does their revenue stream come from selling cars, but also monies from the battery swapping service. I think it is a mistake to judge NIO solely on their ability to produce cars. Of course, car production is what will elevate them to a trillion dollar company, but I think this video misses what NIO is.

  2. On another note 'Desktop Metal' is also popping off. BUY THE DIP NOW!!! Desktop Metal to the MOOON 🚀🚀 ×10 stock price in the next year.

  3. Big institutions like Blackrock, JP Morgan Chase and CalPers Pension Fund are jumping on board. NIO is headed up much higher from here. It may take time like a year to get established in Europe because they need to increase car production and setting up charging stations.

  4. Nio share price does not always pending on Tsla share price. ie today Nio up 6% and Tsla down 2% quite often they go different direction if you notice.

  5. pls do a vid on FUBO i called this one out yesterday, it broke resistence at the 44$ line and then shot up to 48$ today. Its up after hours and would love an analysis from you or anyone reading this. I bought 4000 shares yesterday during market hours thanks

  6. I think they will go to Europe in the summer because now people don’t can go to vacation because of the COVID-19 and they have money stacked and if nio have a good impact in Europe it will be very good for them

  7. They aren’t coming to America first because Trump blocked Chinese companies from expanding here which biden with reverse with Brian deese. 2, Europe as of now, is a larger EV market

  8. Just sold today waiting for a dip. Spoiler it didn't dip. Are you expecting a pull back soon? This is the third time NIO has reached the 60-62 dollar/share price and it has had a pull back each time.

  9. Well with rumors of Norway deliveries rising I’m hoping for news around the end of summer . Next year for 🇺🇸. Nio is a buy. 100$ price target early summer. Thanks for the video..

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