Is NIO a Good Stock to buy? - Can NIO stock reach $100?

Is NIO a Good Stock to buy? - Can NIO stock reach $100?

Is NIO a good stock to buy?

Once they do, NIO stock will resume on its long-term uptrend. So, buy the dip while prices are still discounted. When all is said and done, NIO is still one of the best growth stocks buy and hold for the long haul.

Can NIO reach $100?

Nio is worth more than Ferrari and other Chinese EV firms. For Nio's stock to reach nearly $100 per share, Nio's revenue will need to double or triple in the next three years. I've used a 12% average discount rate in this 5-Year DCF Model: Gordon Growth Exit model.

Is NIO a good long term investment?

If we consider purely from the economics of selling electric cars then I would say absolutely yes. Nio is a better long term investment than Tesla due to sheer market potential in China.

Is NIO undervalued?

NIO STOCK IS UNDERVALUED AT $43 A SHARE. ... NIO Stock is poised for HUGE long term growth. NIO Stock has performed great in 2020 against other electric vehicle giants Tesla, XPENG, and Li Auto and NIO Stock will be a BUY in 2021.

Will NIO stock go up?

Shares of Chinese premium electric vehicle maker Nio (NYSE:NIO) went vertical in 2020, with NIO stock soaring from a low of $1.50 in late 2019, to a high of nearly $70 in early 2021. ... But back to NIO, stocks don't go up in straight lines.