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Article About NIO NIO Appears To Be A

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JohnQQ   Wednesday, 03/10/21 03:45:30 AM
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Article About NIO NIO Appears To Be A Long Term Opportunity

NIO traders are buying shares at 6x-7.7x 2022 sales. I believe that the company is not that expensive with triple digit sales growth and double digit gross profit margin. However, shareholders need to understand that there are significant risks to factor in. Conservative individuals who don’t like share price volatility should pass on NIO. The company will most likely deliver stock returns in the long term.

NIO’s Business Model, Vehicle Production, And Partners
Founded in 2014, NIO designs and offers smart electric vehicles in China. With a significant number of investors from the United States and the government in China, the company is said to be the new Tesla (TSLA) in Asia. NIO has offices in the United States, Europe, and China:

https://stockmarketrevolution.com/archives/15621

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