BYDDY - NIO Stock: Undervalued And Heading To $200 By 2025
- NIO is one of the top premium EV manufacturers in the world.
- The company just produced a record-breaking delivery month, but its shares are off by about 50% from highs earlier in the year.
- NIO's stock price has been hammered due to China and delisting concerns.
- NIO is now trading at about five times forward sales estimates, substantially cheaper than its competitors.
- NIO will likely exceed growth expectations, should experience multiple expansion, and its stock price will probably go significantly higher in future years.
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NIO Stock: Undervalued And Heading To $200 By 2025