NIO HUGE NEWS - Can NIO Hit $300? (GAME CHANGING) - Should You Buy NIO Stock $61?
Like And Subscribe!
NIO STOCK is again on the verge of all time highs, At the time of this video being at 61 dollars a share and just a couple percents from BEING THE HIGHEST IT HAS EVER BEEN. Now this happened due to SOME GREAT NEWS being announced yesterday that caused the stock to go up more than 6% that day. There is also some updates coming out on NIO’s expansion plans. We have to talk about these news , if NIO is worth buying at these 60 dollar levels and also answer whether I THINK NIO CAN BECOME a 300 dollar + stock in the future? Guys make sure to stick around so you don’t miss anything.
So firstly looking at the stock chart we see that WE ARE AGAIN so close to breaking the all time highs for around 64 dollars and I just want to congratulate everyone who managed to hold this stock throughout the consolidations and WHEN EVERYONE was flocking into the short squeeze stocks. I do like to speculate on riskier buys such as penny stocks but MAINLY BEING A LONG TERM investor I am happy to see that the NIO investors ARE ACTUALLY IN THIS STOCK for its fundamentals and not just to make a quick buck. There are tons of random pump and dump stocks out there that just FLY TO THE MOON AND CRASH BACK DOWN because no one HAS ACTUALLY STUDIED THE COMPANY and instead bought just because everyone else has.
I am happy to say that the NIO investors, me included, just like Tesla investors are IN FOR THE LONG TERM and because they believe that this stock and COMPANY HAS MASSIVE POTENTIAL FOR UPSIDE and can hit the hundreds of dollars in share price in the future.
Now as always there is usually a catalyst that causes a run up of 6.5% for a stock like NIO, and that is mainly A VERY BULLISH RESEARCH REPORT released by the analysts of Deutsche bank where they make SOME HUGE PREDICTIONS about this company and its future.
GUYS THEY TALKED ALOT ABOUT NIO’S EXPANSION and scaling which as we all know is REALLY THE most important thing NIO IS WORKING ON RIGHT NOW that will take the company to the next level. Selling more making more, building more, selling more, main reason why Tesla is ahead.
So to quote Deutsche bank themselves after talking about the New industrial campus NIO is building with the government, they said that “In our view, this lays the gruondwork for capacity expansion to help NIO reach its 300k+ longer term volume target or nearly 3 TIMES CURRENT CAPACITY.
Details were not provided on financing sources, but we suspect there will be LARGE SUPPORT in the form of BANK CREDIT LINES or arrangements similar in nature.
Guys, for Deutsche bank to say that is huge. A VOLUME OF more than 300 thousand cars produced every year would LEAD TO SOME RIDICULOUS revenue for NIO and would obviously pave the way for even more expansion. I think people really underestimate just how easy it becomes to continue ramping up production and expanding ONCE YOU are making billions of dollars in sales. There will no longer be a need to RAISE SHARES and the company just becomes a cash machine that can finance ITS GROWTH EASIER AND EASIER.
Just for comparison Tesla delivered ALMOST 500 000 VEHICLES IN 2020 which I think is awesome and proves to the world that THE COMPANY IS ABSOLUTELY living up to its hype. Tesla also has a market cap of 770 billion dollars though, and although I think it IS STILL UNDERVALUED for a long term investor because of all the other things the company is doing, just compare that to NIO BEING worth around 95 billion dollars.