NIO Can Benefit From Shifting Market Dynamics
Chinese electric vehicle marker Nio Inc. (NYSE: NIO ) has seen its stock gain more than 40% this year. I believe there is still strong upside ahead despite some near-term pressures.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in NIO, over the next 72 hours. I wrote this article myself, and it expresses my own ...