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home / news releases / DTGHF - Nikola Stock Surges Past $1 Milestone After Nearly 4 Months; Is It A Buy Now?

DTGHF - Nikola Stock Surges Past $1 Milestone After Nearly 4 Months; Is It A Buy Now?

Daimler Truck Holding

2024-04-01 09:30:30 ET

Summary

  • Nikola's stock has rallied by more than 50% over the last week, but the rally looks unsustainable to me.
  • The company's fundamentals are still extremely weak and the competition is likely to intensify.
  • My valuation analysis suggests that NKLA is overvalued.

Investment thesis

For further details see:

Nikola Stock Surges Past $1 Milestone After Nearly 4 Months; Is It A Buy Now?
Stock Information
Company Name: Daimler Truck Holding
Stock Symbol: DTGHF
Market: OTC
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