NIO - You May Be Surprised by What I Uncovered Over the Long Weekend
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I hope you enjoyed your long Memorial Day weekend.
I know I did — even from my second office in Nicaragua. With the market closed on Monday, I had some extra time to scan through hundreds of charts and look for some new and exciting investment ideas.
What I uncovered was fascinating, and on today’s new episode of MoneyLine I’ll share all the details with you.
I came across several bullish charts in my research, but the most consistent theme came from a country that many investors love to hate. If you guessed China … you’d be correct.
I analyze more than 10 Chinese companies in the podcast and break down both the financials and the technicals. I know a lot of investors still hesitate when it comes to China, but I guarantee you that after watching, you will agree with me that the opportunities in the world’s second largest economy cannot be ignored.
Unsurprisingly, some of the most well-known Chinese companies made the list — including Alibaba (NYSE:BABA) and NIO (NYSE:NIO). But so did some smaller companies that I suspect many investors have never heard of.
You’ll have to watch the podcast to get the rest of the tickers … but I’ll give you one little sneak peek. JOYY (NASDAQ:YY), one of the largest social media platforms in China, also made my watch list.
Whether you love, hate or are completely indifferent to Chinese stock ideas, today’s show is a must-watch for any long-term investor.
Have a great rest of the week. I’ll talk to you again tomorrow.
On the date of publication, Matthew McCall did not have (either directly or indirectly) any positions in the securities mentioned in this article.
Matthew McCall left Wall Street to actually help investors — by getting them into the world’s biggest, most revolutionary trends BEFORE anyone else. Click here to see what Matt has up his sleeve now.
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