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Could Nio Stock Help You Retire a Millionaire?

Motley Fool2023-12-05

KEY POINTSNio has taken investors on a wild ride since its IPO five years ago.The company's slowing shipments and declining margins drove away the bulls.Its stock looks cheap, but it needs to break ...

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  • WinnerTay
    ·2023-12-05
    Sure can be multi-millionaires 
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  • Dan1192
    ·2023-12-05
    The current EV sector is similar to the mini dotcom bubble of the 90s/00s. People are getting tired of waiting for the EV infrastructure to be established. Most likely we will see a fightback of combustion engines and also consolidation of EV companies in the next 5 years. Also remembering that we are yet to go into recession yet, and if we will.  $NIO Inc.(NIO)$  has flaccid growth with no visibility of profitability in the near future. Most likely it will be an unfortunate sacrifice in this pursuite. If I were to put my money for the next 3 years and longer, I would put it in $BYD Co., Ltd.(BYDDY)$  $XPeng Inc.(XPEV)$  
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  • King19
    ·2023-12-05
    I do have faith in NIO. Might not be millionaire stovk, but definitely a winning stock to hold for 5years!
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    • LEESIMON
      🩷Good
      2023-12-05
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  • I no money
    Reply
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