smugambike

My sentiments on NIO

Long
NYSE:NIO   NIO Inc.
Since my last post, NIO value has declined slightly over -23%, a decline purely based on fundamentals such as GM's patnership plans with LG energy to open a $2.3B batterycell gigafactory

I still believe the Stocks intrinsic value is unmatched in the industry all factors considered.

Also, since my last post, the company has unveiled 5 new models adding to its EV production line, a big boost for investor confidence.

We could still see the stock decline in price (short term) but overall, this creates value as it's expected to rally up eventually.

Idee correlate

Declinazione di responsabilità

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