He's cautious on Chinese stocks in general, underperforming. Structural issues over there. Bit of a bounce, in line with the shift to risk-on. Take profits. At risk. Chart doesn't look great, potential for retracement.
If China re-stimulates its economy, Nio shares will pop, but that's when you sell it.
NIO Limited is a American stock, trading under the symbol NIO-N on the New York Stock Exchange (NIO). It is usually referred to as NYSE:NIO or NIO-N
In the last year, there was no coverage of NIO Limited published on Stockchase.
NIO Limited was recommended as a Top Pick by on . Read the latest stock experts ratings for NIO Limited.
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0 stock analysts on Stockchase covered NIO Limited In the last year. It is a trending stock that is worth watching.
On 2025-03-26, NIO Limited (NIO-N) stock closed at a price of $4.22.
Smaller niche player, more skewed to the luxury SUV side. 12-month price target is $9.85. There's value here. His favourite is TSLA. See his Top Picks.