Is this EV Stock going Bankrupt: NIO, Tesla, BYD

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Is this EV Stock going Bankrupt: NIO, Tesla, BYD

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NIO Inc. currently has an average brokerage recommendation (ABR) of 1.45, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 10 brokerage firms. An ABR of 1.45 approximates between Strong Buy and Buy.10 hours ago

They forecast Nio will sharply losses to 45 cents in 2023 as revenue grows 87%, amid the launch of new models and expansion in global markets. In 2021, Nio more than doubled EV sales, despite pandemic-related supply challenges. Out of 37 analysts covering Nio stock, 34 rate it a buy and three have a hold.Nov 11, 2022

Will NIO ever be profitable?
Consensus from 28 of the American Auto analysts is that NIO is on the verge of breakeven. They anticipate the company to incur a final loss in 2023, before generating positive profits of CN¥226m in 2024. The company is therefore projected to breakeven around 2 years from now.Nov 10, 2022

Is NIO a risky buy?
Nio still has big long-term growth potential, but investors should weigh their personal risk tolerance and outlook on China's EV market before investing in the stock. For risk-averse investors, Nio probably isn't a great portfolio fit even after recent sell-offs.Sep 11, 2022

Is Tesla a sell buy or hold?
Tesla has received a consensus rating of Hold. The company's average rating score is 2.37, and is based on 18 buy ratings, 12 hold ratings, and 5 sell ratings.

DISCLAIMER: I am not a financial advisor. These videos are for educational purposes only. Investing of any kind involves risk. Your investments are solely your responsibility and we do not provide personalized investment advice. It is crucial that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Please consult your financial or tax professional prior to making an investment.

#teslastock #niostock #evstockstobuy #moomootrading
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StockswithJosh
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NIO is a BEAST, top technology, beautiful cars and Battery Swap Stations. I believe in CEO William Bin Li and his vision for NIO. I am buying more and holding for at least 2027. $NIO

charlesd
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I only speak for myself but I truly, truly appreciate all the hard work and information that you bring to us and all the time you spend dealing with our crazy YouTube family.
Thank you

gregorytaylor
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Hey Josh. I got greedy and almost got wiped out. Lessons learned sir. Thanks Josh, this has been an incredible journey.

MadMoneyMarkets
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I love Neil dumped half of it at 13 on your advice still holding some I'll buy back in a nine box no problem

robertpritchard
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This is a much appreciated breakdown of a very popular company. Anyone in this stock should watch it. Great work as always Josh

actiontrader
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I found this channel just today and was very interested listening to your thoughts and views. I bought and sold Nio stocks many times in 2020, lost faith when it kept falling below $50 and $40, watched it fall from the sidelines. On the whole I've lost big on Nio but it's one stock I have some attachment to as I was trading it down to about $3 in my days.
In the past few weeks I've added a lot to my Tesla at cheap see its problems as transient and a blip. I expect it goes above $250 this year and much higher for years to come so it's no brainier to join in with a proven fomula.
I have no position in BYD due to geopolitics and unfavourable market conditions but have a lot of respect for its management and products. They make cars fit for today's demographics

soundslight
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Our friend Stock Moe needs to watch this one.🙂

KarlB
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I noticed the increase in share price with verb. Im always grateful for your input when it comes to this stock. 🙂 When there is a significant change, you make a point to comment on it. Thanks, Josh! Im also holding and seeing what will happen.

kimyip
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Thank you! You are the best stock analyst on youtube.

ana-piut
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Hi Josh, my average price is $30 with 212 shares. I have no problem adding $6 to $9 a share to drop my average. NIO is a long term investment.. I am not scared!! Peace and blessings

anthonys
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Glad to see you post content. I was waiting for you to drop a video ❤️

alt
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I was able to sell my bags for a small profit in a big part because of what I have learned from this channel.

eaveschristopher
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Happy New Year! Thanks for sharing all your knowledge and wisdom so far. It is much appreciated! May you have many blessings in 2023.

wildhorses
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I like both Lucid and Nio! I have them both and holding until kingdom comes 😅

KenyanAmericanTrucker
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Never miss one of your episodes! God bless!!! 👍

erikadamson
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Had buy NIO @9.58$ in breakdown love to see further rocket 🚀 stage.

anmolsingh
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Next to blow up is GETR, oversold and undervalued company with book value of $7.59, now on sale at $0.63, good time to get in before the run. *Not financial advice*

monsieug
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I do appreciate you covering NIO. Like stock moe, I'll give it until 2025. I am continuing to buy on big dips. I do believe in nio

Eddogetto
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That dude Josh is the best in class in delivering possibly not so good news😅

INC-kkmi