Uh-Oh. Why NIO Stock Looks Like a No-Go for 2024 and Beyond!

I read two articles recently about Nio (NYSE:NIO) stock that made me wonder if it’s a buy now, at its lowest point since June 2020. The first headline was, Could Nio stock rise 1,000% in 10 years? The second asked, Will Nio Be a Trillion-Dollar Stock by 2050? That’s pretty heady stuff. I definitely wouldn’t want to miss out on such massive profits. Based on its current share price of $6.07, were the first headline to come true, that would be a 25.9% compound annual growth rate. If I invested $1,000, that wo ...