2024: NIO's Big Year

Victor Golmer/iStock Editorial via Getty ImagesI've been bullish on NIO Inc. (NYSE:NIO) since before its epic 2020 rise and subsequent decline. However, I recently took a more cautious approach as losses mounted and NIO continued diluting its stock. Moreover, I recently re-entered NIO's stock as we've seen considerable improvements in profitability metrics and deliveries, as well as a constructive move toward sustainable growth and increased income. Despite the additional dilution to existing shareholde ...