Company name: NIO Inc.
Current Price: $12.60
Target Price: $14.30
Projected Yield: 10%
Time Line: 1 to 3 months
About NIO, Inc.
Founded in 2004, NIO is a China-based company that designs, manufactures, and markets electric vehicles. Its activities include the innovative development in communications, autonomous driving, and artificial intelligence for cars. The company participates in the FIA Formula E competitions, the first racing competition exclusively for electric vehicles.
What's the Idea?
Capitalize on the stock that may rise due to the positive news on a significant increase in the supply of the company's cars.
Buy NIO Inc. Shares >>
Why Trade NIO Inc.?
Reason 1: Significant Growth in Car Supplies
NIO reported a 322.10% increase in shipments, or to 3,533 vehicles, in July 2020. The company has delivered 17,702 vehicles since early 2020, or 111.30% up compared to last year's results.
Reason 2: Record Growth in the Number of Orders
The company achieved a record monthly order growth. This is due to the increased demand for ES8 and ES6 models, which are popular with customers.
Reason 3: Production Expansion
According to NIO's announcement, the company will be able to significantly increase the production capacity to support more shipments in Q3 2020.
How to Use the Investment Idea
1. Buy NIO shares at $13.
2. Allocate no more than 3% to 4% of your midterm transaction budget.
3. Sell the stock when the price is at $14.30 per share.
How to Buy NIO Inc. Shares?
There are two ways to do that:
Freedom24 Web Platform: Go to the Web Terminal section, type NIO.US (NIO Inc. ticker in the New York Stock Exchange) in the search box, and select NIO Inc. in the results. Open a secure session in the trading window on the right, select the number of shares you want to buy, and click Buy.
Freedom24 iPhone App: Go to the Price screen and tab the search icon in the top right corner. In the search dialog that shows up, type NIO.US (NIO Inc. ticker in the New York Stock Exchange), and select NIO Inc. in the results. You will then see NIO stock in the market watch; tap it and go to the Order tab in the dialog that shows up. Specify the number of shares you want to buy and click Buy.
If you don't have an account yet, open it now : this can be done online, in just 10 minutes. All you need to do is fill out a short form and verify your account.
Invest into NIO, Inc.: don't miss the opportunity to capitalize on the incredible growth of interest towards electric vehicles!
Buy NIO Inc. Shares >>
*Additional information is available upon request. Investment in securities and other financial instruments always involves risks of capital loss. The Client should make himself aware at his own accord, including to familiarize himself with Risk Disclosure Notice. Opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice. Commissions, fees or other charges can diminish financial returns. Past performance is not indicative of future results. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The opinions and recommendations herein do not take into account individual client circumstances, objectives, or needs and do not constitute an investment advice service. The recipient of this report must make their own independent decisions regarding any securities or financial instruments mentioned herein. Information has been obtained from sources believed to be reliable by Freedom Finance Cyprus Ltd or its affiliates and/or subsidiaries (collectively Freedom Finance). Freedom Finance do not warrant its completeness or accuracy except with respect to any disclosures relative to the Freedom Finance and/or its affiliates and the analyst’s involvement with the issuer that is the subject of the research. All pricing is indicative as of the close of market for the securities discussed, unless otherwise stated.