Thursday, September 23

NYSE:NIO

Hot Stocks, NASDAQ:AMZN, NASDAQ:NKLA, NASDAQ:TSLA, NASDAQ:WKHS, NYSE:NIO, OTCMKTS:LCDX

Nikola Stock Could Be a Long-Term Winner

Nikola (NASDAQ:NKLA) is one of the latest entrants into the electric-vehicle (EV) segment, and it will be drawing lots of attention for years to come. Demand for EVs in the US is stabilizing, and the market has proven its staying power. EVs will not be a passing fad. Tesla (NASDAQ:TSLA) has become the largest automobile manufacturer by market capitalization. But there are many varied, exciting names in the space, including Nikola stock. Source: Stephanie L Sanchez / Shutterstock.com Workhorse (NASDAQ:WKHS) is looking to corner the delivery portion of the industry. Rivian is working on a pickup truck and is building electric vans for Amazon (NASDAQ:AMZN). Lucid (OTCMKTS:LCDX) will produce a large sedan. Nikola will be looking to dominate the heavy-duty, tractor-trail...
NASDAQ:MSFT, NASDAQ:TSLA, NYSE:NIO, Trading Advice

Here’s Why Nio Stock Is Just Getting Started | InvestorPlace

Whether or not the increasingly stock market is overheated is a contentious point. But when it comes to Nio (NYSE:NIO) stock, there's now plenty of fuel in the tank — off and on the price chart — for investors to buy into. That said, let's examine what's happening in Nio stock right now and offer one risk-adjusted strategy to avoid always possible car wrecks ; While also being positioned for a more bullish road ahead. Source: Sundry Photography / Shutterstock.com The market is offering investors some additional sizzle entering the month of August. Led by the tech-heavy, large-capitalization Nasdaq Composite, gains of more than 3.7% last week are being improved upon by roughly 1.5% at this point on Monday. And Shanghai-based electric vehicle (EV) upstart Nio is going alon...
NASDAQ:FUV, NASDAQ:KNDI, NASDAQ:NKLA, NASDAQ:TSLA, NYSE:NIO, NYSEARCA:KARS, Stocks to Buy

The 5 Best Electric Car Stocks to Buy for the Next 10 Years

[Editor’s note: “The 5 Best Electric Car Stocks to Buy for the Next 10 Years” was previously published in June 2020. It has since been updated to include the most relevant information available.] Electric car stocks are on fire. Over the past year, the KraneShares Electric Vehicle and Future Mobility ETF (NYSEARCA:KARS) is up nearly 30%, versus a mere 5% gain for the S&P 500. This move comes on the back of optimism that rising consumer awareness, coupled with strengthening government support, will drive 36% growth in electric vehicle sales to record high levels in 2021. While those numbers — a 30% gain for electric car stocks and a 36% rise in electric vehicle sales — may seem huge, this is just the beginning. The numbers will only get way bigger over the next 10 years. The rea...
NASDAQ:NKLA, NASDAQ:TSLA, NYSE:F, NYSE:GM, NYSE:NIO, Stocks to Buy

Nio Stock Is Electric, But May Not Have Tesla Stock’s Range

Tesla (NASDAQ:TSLA) is doing the impossible. They have mounted the most legitimate assault by electric vehicles (EVs) on the dominance of internal combustion engine (ICE) yet. The numbers are still infinitesimal but the trend is clear. There is a strong consensus even among the industry experts that most of us will be driving EVs in the future. Nio (NYSE:NIO) and NIO stock are benefiting from the wave that TSLA created. Source: Sundry Photography / Shutterstock.com More recently, we also saw the emergence of Nikola (NASDAQ:NKLA) as another high profile company and potential contender in the EV space. All three stocks are up more than 200% year-to-date. So far it's been a wild ride indeed trading NIO stock. The price action just yesterday was evidence of that. It really g...
Hot Stocks, NYSE:NIO

NIO Stock Will Trend Lower Until the Company Can Get Profitable

Nio (NASDAQ:NIO), the Chinese electric vehicle (EV) maker, is likely to trend lower until the company can show profits. Nio stock now has a market capitalization of $14 billion. That market cap is almost unbelievable. Source: Carrie Fereday / Shutterstock.com For example, its latest for Q1 report shows that Nio makes 7.4% negative margins on its vehicles. It also produced a negative 12.2% gross margin. The recent gains in its market cap may not be sustainable until the company can lift its profitability. Recent Nio Stock Gains May Wilt The stock seems to have moved up is because it announced on July 2 that its EV car deliveries had increased. NIO delivered 3,740 vehicles in June 2020, representing a strong 179.1% growth year-over-year. However, compared to 3,436 EVs deliv...
Hot Stocks, NASDAQ:SOLO, NASDAQ:TSLA, NYSE:FCAU, NYSE:GRUB, NYSE:NIO, OTCMKTS:DMLRY

Electrameccanica Vehicles Is Not the EV Stock You’re Looking For

As electric vehicle stocks have soared, Electrameccanica Vehicles (NASDAQ:SOLO) stock has done the same. From late May to early this month, SOLO stock rallied as much as 500%. Source: Alexandru Nika / Shutterstock.com But the stock is pulling back — and I believe with good reason. Electrameccanica is launching an electric vehicle, but that doesn't necessarily make it an electric vehicle play. The first model, the Solo, seems like a niche product whose demand is questionable. Electrameccanica has taken advantage of the rally to boost its balance sheet, but the company still needs substantial funding going forward. To be sure, it's possible Electrameccanica succeeds. The company has an interesting history, and big plans. But if it does succeed, it will because of the produc...
Hot Stocks, NYSE:GM, NYSE:NIO

Nio’s Still Too Pricey but Don’t Remove It from Your Watch List

On July 6, I warned that it was definitely time to take profits on your Nio (NYSE:NIO) shares. Exactly a week later, I sardonically congratulated the Robinhood crowd for sending Nio stock into bubble territory. Source: xiaorui / Shutterstock.com Was I too early in advising that people take profits on Nio stock? Of course! No investor consistently sells his or her shares at the exact top. For goodness' sake, please don't listen to anyone who says that he or she buys or sells stocks at the perfect time. This is not to say that Nio isn't a good growth-oriented company. If anything, Nio stock still has plenty of room to run, but that's on a very long-term time horizon. Plus, this comes with an added disclaimer that Nio is a relatively small, speculative electric-vehicle compa...
NASDAQ:NKLA, NASDAQ:PLUG, NASDAQ:TSLA, NYSE:NIO, Stocks to Sell

As’EV Fever’ Cools Down, Avoid Plug Power Stock

After last month's epic rally, what's next for Plug Power (NASDAQ:PLUG) stock? It depends. On one hand, things may just be getting started for the budding HFC (hydrogen fuel cell) giant. Government mandates and cost savings potential could mean accelerated demand for the company's HFC technology. On the other hand, you can argue that the rising tide of Tesla (NASDAQ:TSLA) stock is what's lifted Plug's boat. Exuberance for the EV (electric vehicle) giant's shares has fueled speculation in other EV stocks, like Nio (NYSE:NIO) and Nikola (NASDAQ:NKLA). This “EV fever” has spilled over into other alternative energy names, like PLUG stock. With this in mind, it's no wonder shares have performed so well as of late. Yet, the speculation fueling its strong performance may be ending. Af...
Financial Articles, Market Insight, NASDAQ:MRNA, NASDAQ:TSLA, NYSE:NIO

Gold Wants Recognition – and It’s Time to Give It Some

Like Glenn Close's chilling character in the 1987 film classic Fatal Attraction, gold is telling the financial world, “I'm not going to be ignored.” Source: allstars / Shutterstock.com As the price of the mystical metal draws ever closer to its all-time high, it is verily screaming, “Don't ignore me!” And yet, most investors seem oblivious to gold's resurgence. After all, why bother with an asset that has gained 24% year-to-date, when stocks like Tesla (NASDAQ:TSLA), Nio (NYSE:NIO) and Moderna (NASDAQ:MRNA) can chalk up a number like that in a couple good trading days? I mean, why bother with any investment other than Tesla? One plausible answer would be that tomorrow might not resemble today. Economic conditions might deteriorate further, geopolitical tensions might ratc...
NASDAQ:NKLA, NASDAQ:TSLA, NYSE:F, NYSE:GM, NYSE:NIO, Stocks to Buy

Investors Should Keep Buying Nio Stock on Any Dips

Nio (NYSE:NIO) has come roaring back to life. From the March lows, NIO stock is up more than 440%, as electric vehicle stocks have found a new leg of momentum. The downside to that observation is that the group may be losing steam in the short term. Source: Sundry Photography / Shutterstock.com Tesla (NASDAQ:TSLA) shares beat on earnings and revenue expectations in late-July. However, despite rallying 6% and looking like it was going to challenge its all-time high, shares reversed lower and ended up down 5% for the session. The following day of action wasn't much better, sending shares down over 4%. Nikola (NASDAQ:NKLA) rallied as high as $93.99 a share and temporarily valued the company at more than $25 billion — a higher market capitalization than Ford (NYSE:F). Howeve...