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home / news releases / BYDDY - NIO - Proceed With Caution


BYDDY - NIO - Proceed With Caution

  • NIO stock has had an impressive rally from its recent lows.
  • When NIO was around $16, I bought a little bit, but I kept a 'hold' rating on it because I felt it was extremely risky.
  • NIO could really fly in a best-case scenario but it is subject to many significant risks.
  • Previously, I rated the stock a 'hold,' but its prospects improved after China's recent lockdown ended, so I'm upgrading it to a buy, worthy of a small portfolio weighting.

For further details see:

NIO - Proceed With Caution
Stock Information

Company Name: BYD Co Ltd ADR
Stock Symbol: BYDDY
Market: OTC

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