2024-06-02 13:03:46 ET
Summary
- NIO still has significant growth potential in the medium term as interest from retail and international investors returns to China.
- NIO's increasing deliveries, improved liquidity, and positive seasonality make it appealing to growth-oriented investors.
- Risks include the uncertain macro environment in China, NIO's unprofitability and need for capital injections, and the inability to value the stock using conventional methods.
- Despite some risks, I'm sticking to my medium-term speculative "Buy" rating on NIO.
Investment Thesis
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For further details see:
3 Reasons To Speculatively Buy NIO Stock Now