NIO
NIO
NIO Fair Price
My Notes
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Recently there was an article about $ADTN+6.2%, $LXU+5.7% and $NIO+7.6%. Wallstreet analysts were highlighting these titles. Have you looked at them? Alternatively, do you believe the analysts or do you go by them? 🤔
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I never follow analytics. Of these pieces I know most NIO, there now fell an interesting low. I've trusted the company in the past, I still do. Expansion, numbers, units shipped - everything is running at 110%, so hopefully they will become profitable soon.
Great news for $NIO+7.6% investors!
As of April 2023, $NIO+7.6% has delivered 6,658 vehicles, a year-over-year increase of 31.2%.
NIO delivered 37,699 new vehicles in the first four months of 2023, a year-over-year increase of 22.2%. NIO's cumulative vehicle deliveries reached 327,255 units. Everything is on track, but the share price is falling again.
Are you buying?
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$NIO+7.6% despite being a Chinese company so I have, for me it definitely has potential. The stock is going through a pretty rough patch.
It went down nicely, but I keep thinking it could still go down more :)