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Jim Cramer on Nio Inc.: “It Did Have a Good Quarter, I’m Going to Go With It”
Yahoo Finance· 2026-03-20 17:19
Group 1 - NIO Inc. reported its first profitable quarter with record month-over-month deliveries [1] - Jim Cramer acknowledged the positive performance of NIO and suggested it could be a speculative investment opportunity [1] - Cramer indicated a potential price target of $10 for NIO, advising to sell at that point [3] Group 2 - NIO designs, manufactures, and sells smart electric SUVs and sedans, and also provides battery-swapping solutions and energy services [3] - The company is recognized for developing electric powertrains and related components [3] - There is a belief that certain AI stocks may offer greater upside potential compared to NIO, with less downside risk [3]