NIO - NIO Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
6.72
+0.01 (+0.18%)
As of 2:01PM EST. Market open.
Stock chart is not supported by your current browser
Previous Close6.71
Open6.70
Bid6.680 x 1000
Ask6.690 x 2200
Day's Range6.53 - 6.74
52 Week Range5.35 - 13.80
Volume4,875,448
Avg. Volume14,765,509
Market Cap6.897B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-44.102
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est8.05
Trade prices are not sourced from all markets
  • China's Kandi Will Use These 2 Electric Cars To Launch U.S. Broadside
    Investor's Business Daily3 hours ago

    China's Kandi Will Use These 2 Electric Cars To Launch U.S. Broadside

    Kandi electric cars will soon arrive in the U.S. The Chinese automaker says the cars will be competitively priced, starting at less than $20,000.

  • Why Tesla Has Risen 4% Today
    Market Realist2 days ago

    Why Tesla Has Risen 4% Today

    Why Tesla Has Risen 4% TodayTeslaTesla’s (TSLA) stock performance has been mixed this month. As of January 14, the US electric carmaker’s stock had risen 0.5% this month, while the S&P 500 (SPY) and the NASDAQ Composite (QQQ) had risen 3.0%

  • 5 Top Stock Trades for Tuesday: Citigroup Earnings, Lulu Guidance
    InvestorPlace3 days ago

    5 Top Stock Trades for Tuesday: Citigroup Earnings, Lulu Guidance

    It was a mellow day on Wall Street, with stocks giving up just some of the gains from over the past few weeks. Overall though, bulls have to be satisfied with the way the market has held up since its post-Christmas lows. With earnings season just beginning, there are plenty of top stock trades to keep an eye on. ### Top Stock Trades for Tomorrow #1: Citigroup Banks are the unofficial start to earnings season and this month, the sector led off with Citigroup (NYSE:C). Shares jumped 4% in response to the company's earnings beat, despite missing on revenue expectations as sales decline 2.2% year-over-year (YoY). InvestorPlace - Stock Market News, Stock Advice & Trading Tips The stock's cheap but the action's been ugly. It's my opinion that the sector came under too much heat unless we're heading for a recession, which doesn't seem to be the case at the moment. More than 20% off its lows right now and running right into the 50-day moving average, C stock is in a precarious spot. Bulls will want to see it push through the 50-day as well prior downtrend support to keep the rally going. Should C fail, they want to see the 21-day hold as support and at the very least, they cannot see Citi make new lows. * 7 Stocks to Buy That Are Run By Billionaires Above resistance and $66 is on the table. ### Top Stock Trades for Tomorrow #2: Lululemon Athletica Shares of Lululemon Athletica (NASDAQ:LULU) saw a nice 5.5% bump on Monday after the company raised guidance. However, its gains were cut down dramatically from the session high. (Is it heading it $200 now?) On the plus side, LULU has put in a couple of higher lows (purple arrows) since its December low. Further, the stock jumped over downtrend resistance (blue line). However, after a quick rally through the $140 level, LULU stock is now having trouble with that mark. For the bulls to stay in control, the stock needs to stay above prior downtrend resistance and ideally see shares rally over $140. Over $140 and $150 is on the table. Above $150 and the highs near $165 are possible. Below $135 (downtrend resistance) and that second higher low is on deck. That would be bearish to see LULU fall below it, especially after it updated guidance on Monday. ### Top Stock Trades for Tomorrow #3: PG&E Shares of PG&E (NYSE:PCG) are plunging on Monday, down more than 50% after reports hit about the company's plan to file for bankruptcy. Throwing around the "B-word" is obviously a big negative catalyst for a stock price. It goes without saying, please don't bottom fish this one. PCG is bad news and even if it doesn't end up bankrupt, there are plenty of other better utility stocks to choose from. Or plenty of other stocks in general to choose from. Avoid PG&E. ### Top Stock Trades for Tomorrow #4: Nio Nio (NYSE:NIO) popped early on the day, but is struggling to hold onto its gains, up just 3.5% on the day. The stock pushed through its 21-day and 50-day moving averages as well as downtrend resistance before pulling back. The stock is now only holding over the 21-day moving average. It would be bullish to see Nio stock push back through the 50-day moving average and downtrend resistance this week, giving it a shot to rally up to $8. Should Monday's rally fail to hold and Nio stock pulls back, look to see $6 hold as support. ### Top Stock Trades for Tomorrow #5: New Age Beverages For those that were in that New Age Beverages (NASDAQ:NBEV) long trade from last week, it didn't take long to get our big move. Shares are up 18% on Monday. * 10 A-Rated Stocks the Smart Money Is Piling Into I am comfortable booking profits, but for those that want to let it run, let's use a ~$7.00 stop-loss. Just don't let this big winner turn into a loser. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Key Emerging-Market Stocks to Buy for Contrarian Investors * 7 Stocks at Risk of the Global Smartphone Slowdown * 7 Pharmaceutical Stocks That Just Raised Prices This Year Compare Brokers The post 5 Top Stock Trades for Tuesday: Citigroup Earnings, Lulu Guidance appeared first on InvestorPlace.

  • Why Autohome Is Down 13% Today
    Market Realist3 days ago

    Why Autohome Is Down 13% Today

    Why Autohome Is Down 13% TodayAutohome Chinese online automobile content provider Autohome’s (ATHM) stock is known to be highly volatile. In December, the stock fell 5% after surging 13.8% in the previous month. Nonetheless, it managed to end 2018 with solid 24.7% gains. Investors’ high expectations for the company’s growth potential due

  • TheStreet.com3 days ago

    We Are Close to the End of This Market Bounce

    The indices continue to hold up extremely well and are hitting new intraday highs. This tendency toward improvement during the day after a weak start is what is keeping the bears on the sidelines. This one from KL Capital is particularly interesting.

  • 3 Best Commodities to Buy Right Now
    InvestorPlace3 days ago

    3 Best Commodities to Buy Right Now

    Last year brought a near-complete devastation on the markets. Finding investment opportunities with strong upside performance has proven difficult due to concerns about domestic and global economic stability. But within this malaise, the markets have opened doors for critical commodities to buy. Unlike the equities sector, physical assets have no shareholders in the traditional sense of the word. They also lack a board of directors, a management structure and disgruntled employees. When looking at a list of commodities to buy, you have one assurance: your target asset will trade on its fundamentals, and not on unforeseen, ancillary events. Another advantage in this sector is its consistent framework. While even the best commodities can trade irrationally, they usually move based on logical expectations. For instance, fear and uncertainty has recently gripped Wall Street. As a historical safe-haven asset, gold features an inverse relationship with market sentiment. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Sure enough, the spot price for the yellow metal has jumped over 7% since the beginning of October. On the other hand, the Dow Jones Industrial Average has slipped nearly double digits over the same period. Even today we saw a significant increase in gold futures as doubts continue to build regarding the current health of the market. Still, I want to present a reasonable warning: gambling on physical goods is a tough venture. No matter what the asset, an unexpected catalyst -- political unrest, supply chain disruption, etc. -- can ruin a great thesis. * 10 A-Rated Stocks the Smart Money Is Piling Into That said, an unexpected catalyst could also skyrocket your portfolio. It's this fine line between euphoria and despair that keeps speculators coming back for more. If you've got nerves of steel, here are my picks for best commodities to buy: ### Palladium Source: Shutterstock Admittedly, what I'm about to say sounds silly, but I've got an inkling most of you share my opinion: the best commodities to buy are those you can hold in your hand. Intrinsically, there's something special about going home from the local coin shop with an American Silver Eagle, for instance. Each bullion product is carefully crafted, providing you with a tangible investment. What do you get when you invest in a company or an exchange-traded fund? A mere digital record. In terms of physically and easily accessible investments, I'd go with palladium. From a historical perspective, palladium has significantly outperformed other precious metals, even during sector downturns. Since the start of October, palladium is up nearly 20%. The other catalyst is geopolitical. Russia produces the most palladium, followed by South Africa. From there, all other sources' production rate falls off a cliff. Needless to say, we have poor relations with Russia. However, we also have a negative stance on South Africa, especially due to its controversial land-appropriation policy. What this translates to is a supply squeeze, which is positive for palladium prices. For those that want digital exposure, check out either the ETFS Physical Palladium Shares (NYSEARCA:PALL) or the Sprott Physical Platinum and Palladium (NYSEARCA:SPPP). ### Uranium Source: Shutterstock In our rapidly-growing world, next-generation technologies have infiltrated almost every corner of our lives. But the mechanisms to feed this revolution are decidedly archaic. For instance, we burn fossil fuels to extract usable energy. If President Trump had his way, every neighborhood may have its own coal mine. But no other energy source generates as much controversy as uranium. Thanks to high-profile incidents and disasters such as Chernobyl, Three Mile Island, and most recently, Fukushima, the public is wary of this double-edged sword. Yes, uranium provides our energy needs, but chaos is theoretically only one oversight away from exploding. Still, I have the view that over the long-term, uranium represents one of the best commodities to buy. It all boils down to cost-effectiveness. I look at the energy issue from a basic, scientific reality: more work requires more energy. That's why if you have a new year's resolution to get fit, you must break a sweat. These days, we're seeing a push into green energy sources, namely wind and solar. On paper, these formats represent free energy. In reality, as The Economist has demonstrated, the costs associated in either installation or maintenance make them economically inefficient. * 7 Pharmaceutical Stocks That Just Raised Prices This Year As controversial as this sector is, uranium provides gobs of power for a relatively cheap price. Money talks and the smelly stuff walks. If you're interested in going nuclear, your best bet is Global X Uranium ETF (NYSEARCA:URA). ### Lithium Source: fdecomite via Flickr To me, lithium stands out as a no-brainer among the best commodities to buy. While not the rarest of elements, lithium forms the backbone of electric-vehicle batteries. Whether you like Tesla (NASDAQ:TSLA), Nio (NYSE:NIO), or some other manufacturer, the consensus is clear: EVs and their lust for the silvery white metal won't fade. So why did its demand fall off a cliff last year? In 2018, the Global X Lithium ETF (NYSEARCA:LIT) lost a staggering 30%. Worse yet, LIT remains mired in a bearish trend channel. The problem catapulted due to a perfect storm of headwinds. While lithium demand from EVs consistently remained strong, the mining community overproduced the asset. That led to a sudden supply glut that pressured the spot price. Second, deteriorating economic conditions forced many lithium companies in China to dump the metal. That triggered further downside on an already bearish environment. Finally, unfavorable currency fluctuations hurt all commodities to buy, not just lithium. A stronger dollar typically imposes deflationary pressure on physical assets. Nevertheless, I think it's a mistake to read too deeply into the current volatility. Most car companies recognize the dramatic potential for EVs. As a result, the majors all have invested significant money into their EV programs. It's only a matter of time before rationality bolsters this market. As of this writing, Josh Enomoto is long gold, silver and palladium. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Key Emerging-Market Stocks to Buy for Contrarian Investors * 7 Stocks at Risk of the Global Smartphone Slowdown * 7 Pharmaceutical Stocks That Just Raised Prices This Year Compare Brokers The post 3 Best Commodities to Buy Right Now appeared first on InvestorPlace.

  • Are President Trump and the US Losing the Trade War with China?
    Market Realist3 days ago

    Are President Trump and the US Losing the Trade War with China?

    Are President Trump and the US Losing the Trade War with China? ## The market After seeing a massive sell-off in the fourth quarter of 2018, the broader market has managed to remain in positive territory in January so far. Investors’ high expectations resulting from US-China trade talks and the Fed’s more dovish tone could be driving these gains. Last week, the S&P 500 Index (SPY), the NASDAQ Composite Index (QQQ), and the Dow Jones Industrial Average rose 2.5%, 3.5%, and 2.4%, respectively. However, these indexes are in negative territory today. Let’s take a look. ## China’s surplus with the United States According to a recent Reuters report, “China’s trade surplus with the United States rose to $323.32 billion last year, the highest on record going back to 2006.” The amount was based on a customs data calculation done by Reuters, and it was 17.2% higher than China’s trade surplus of $275.81 billion with the United States in 2017. The report also added that China’s exports to the United States had registered an 11.3% year-over-year increase in 2018, while its imports had inched up 0.7% in the year. ## Trump’s trade war In the last couple of quarters, US-China trade relations have seen several ups and downs. The trade war between the world’s two largest economies, which was triggered by President Donald Trump, has taken a toll on investors’ sentiments. Large US companies General Motors (GM), Ford Motor Company (F), Apple (AAPL), and Tesla (TSLA) have warned investors about the negative impact of the trade war on their businesses. Earlier this month, Apple cut its fiscal 2019 first-quarter guidance, citing weakening Chinese sales due to China’s economic slowdown. The company also cited the US-China trade war as one of the reasons for its slowing sales in China. The trade war doesn’t seem to have benefited either China or the United States so far. Investors will likely remain on the lookout for any positive updates on US-China trade relations. In the fourth quarter of 2018, US companies General Motors, Ford, Apple, Netflix (NFLX), Microsoft (MSFT), Amazon (AMZN), and Qualcomm (QCOM) fell ~0.7%, 17.3%, 30.1%, 28.5%, 11.2%, 25.0%, and 21.0%, respectively. During the same quarter, Chinese companies Alibaba (BABA), Baidu (BIDU), and NIO (NIO) fell 16.8%, 30.6%, and 8.7%, respectively.

  • What Analysts Recommend for NIO Stock
    Market Realist3 days ago

    What Analysts Recommend for NIO Stock

    Could NIO’s Car Deliveries Improve This Year? (Continued from Prior Part) ## Strong car deliveries last year Previously, we reviewed NIO’s (NIO) car deliveries last year and how they could boost investors’ expectations for 2019. Let’s now look at analysts’ recommendations for its stock. ## Analysts’ recommendations Of the 11 Reuters-surveyed analysts covering NIO on January 10, ~36% recommended “buy,” ~55% recommended “hold,” and ~9% recommended “sell.” Their 12-month consensus target price of $7.98 for NIO was 19.8% higher than its January 10 price of $6.66. On November 19, Citron Research recommended “buy” for NIO and set its price target at $12, which implies a huge 53.1% upside to NIO’s Monday closing price of $7.84. In its report, Citron wrote, “Compelling Product and strong management combined with absurd short interest makes NIO the worst way to bet against China.” Citron also interviewed many NIO ES8 owners for their feedback and “to test the strength of the brand.” These interviewees, who had previously owned cars by luxury brands such as Porsche, Lexus, and Audi, had highly positive feedback on the ES8. NIO, founded in 2014, is fairly a new automaker (XLY). As of January 10, it had a market cap of $6.8 billion, compared with Tesla’s (TSLA) $59.2 billion. Chinese companies Alibaba (BABA) and Baidu (BIDU) had market caps of $393.2 billion and $58.7 billion, respectively. Browse this series on Market Realist: * Part 1 - How NIO Stock Is Faring after Solid December Car Deliveries * Part 2 - NIO’s Car Deliveries: Could This Year Be More Successful?

  • NIO’s Car Deliveries: Could This Year Be More Successful?
    Market Realist3 days ago

    NIO’s Car Deliveries: Could This Year Be More Successful?

    Could NIO’s Car Deliveries Improve This Year? (Continued from Prior Part) ## NIO Previously, we discussed NIO’s (NIO) strong car delivery data for December. Let’s now look at the company’s performance last year and what this year may bring. ## Key achievements last year In last year’s third quarter, NIO guided for fourth-quarter car deliveries of 6,700–7,000 units. By delivering 7,980 cars last quarter, the company exceeded the upper range of its guidance by 14.0%. In the third quarter, NIO delivered 3,268 units. The Chinese automaker currently produces just one vehicle, the ES8—an SUV (sports utility vehicle), like Tesla’s (TSLA) Model X. NIO launched the ES8, its first mass-production electric vehicle, in December 2017, and began its deliveries last June. The company delivered 11,348 ES8s last year, beating its guidance of 10,000 vehicles by 13.4%. ## ES6 plans On NIO Day in Shanghai on December 15, NIO launched its second mass-market electric car, the ES6. The ES6 is a five-seater SUV, whereas the ES8 is a seven-seater. The company claims the ES6 base model delivers ~255 miles from a single charge, and the high-end variant delivers ~317 miles. Standard versions of NIO’s ES6 start at 358,000 Chinese yuan (or ~$51,900) and performance versions start at 398,000 yuan (or ~$57,700). The company has started taking orders for ES6s and expected deliveries to start this June. As the company now needs to focus on mass-producing two vehicles, this year could be more challenging, though last year’s strong ES8 production paints a positive picture. In last year’s fourth quarter, NIO stock fell 8.7%, while US peer (XLY) Tesla rose 25.7%. Chinese stocks Alibaba (BABA) and Baidu (BIDU) fell 16.8% and 30.6%, respectively. Continue to Next Part Browse this series on Market Realist: * Part 1 - How NIO Stock Is Faring after Solid December Car Deliveries * Part 3 - What Analysts Recommend for NIO Stock

  • How NIO Stock Is Faring after Solid December Car Deliveries
    Market Realist6 days ago

    How NIO Stock Is Faring after Solid December Car Deliveries

    Could NIO’s Car Deliveries Improve This Year? ## NIO On January 10, Chinese electric carmaker NIO (NIO) released its December vehicle delivery data. The company delivered 3,318 units of its seven-seater ES8 SUV (sports utility vehicle) to customers last month, a ~7.4% rise from November, when it delivered 3,089 car units. In November, its deliveries rose by a solid 96.4% from the 1,573 units it delivered in October. ## The stock This year, NIO stock has traded positively. Whereas the stock fell 1.7% last week, it had risen 4.6% this week as of Thursday. After the company released its solid December car delivery data on Thursday, its stock rose slightly, by 0.5%. Broader markets’ (XLY) mixed sentiments may have kept the company’s stock from moving further upward. In the last few days, markets’ focus has been on the latest US-China trade talks. As of January 10, the S&P 500 and NASDAQ Composite had risen 3.6% and 5.3%, respectively, this month. Meanwhile, Chinese stocks NIO, Alibaba (BABA), and Baidu (BIDU) had risen 4.6%, 10.7%, and 6.1%, respectively, and US electric carmaker Tesla (TSLA) had risen 3.7%. Next, we’ll review NIO’s performance last year and its outlook for 2019. Continue to Next Part Browse this series on Market Realist: * Part 2 - NIO’s Car Deliveries: Could This Year Be More Successful? * Part 3 - What Analysts Recommend for NIO Stock

  • Chinese Tesla Rival NIO Beat Its 2018 Sales Guidance -- but 2019 Will Be Tougher
    Motley Fool7 days ago

    Chinese Tesla Rival NIO Beat Its 2018 Sales Guidance -- but 2019 Will Be Tougher

    NIO had a good year, but a slumping market and some stiff competition lie ahead.

  • NIO Reports Solid Q4 Deliveries: Already Outperforming Tesla?
    Market Realist7 days ago

    NIO Reports Solid Q4 Deliveries: Already Outperforming Tesla?

    NIO Reports Solid Q4 Deliveries: Already Outperforming Tesla? ## NIO Today, Chinese electric carmaker NIO (NIO) announced its December vehicle deliveries and production data. The company crushed its fourth-quarter deliveries guidance of 6,700–7,000 units, delivering 7,980 cars. Let’s take a closer look. ## NIO’s December car deliveries data In December, the company delivered about 3,318 units of its seven-seater ES8 SUV, up about 7.4% from November, when it delivered 3,089 units—a solid 96.4% increase from 1,573 in October. In a press release, NIO’s CFO Louis T. Hsieh said, “We are pleased with the solid ramp-up in production and delivery in 2018, which demonstrated our execution capabilities.” ## NIO ES6 NIO launched its highly anticipated five-seater SUV- ES6 on December 15 at an event in Shanghai. It started taking priority pre-orders for the ES6 on December 1, limited to ES8 owners and their friends and requiring an invitation. The company started taking pre-orders without an invitation on December 15. We might expect the company to hint toward its ES6 pre-orders when it releases its fourth quarter of 2018 results in the first half of February. In its initial years, Tesla (TSLA) missed its quarterly car deliveries (XLY) guidance many times, which raised concerns about weak execution. In this respect, NIO seems to have already gone beyond the worries that Tesla faced initially. As of January 9, NIO, Tesla, Alibaba (BABA), and Baidu (BIDU) were up 4.1%, 1.7%, 10.8%, and 5.1%, respectively, month-to-date. Meanwhile, the S&P 500 benchmark and NASDAQ Composite Index have risen 3.1% and 4.8%, respectively, in January so far.

  • China: Resolving the Trade War Could Open Pandora’s Box
    Market Realist7 days ago

    China: Resolving the Trade War Could Open Pandora’s Box

    US-China Trade Talks Ended on January 9: Is There Optimism? (Continued from Prior Part) ## Trade war As we discussed previously, the US (SPY) and China (FXI) ended the trade talks on January 9. The two sides released their respective statements. While the trade war has amplified China’s slowdown, a trade war resolution might not get the economy on track. Several indicators have shown that the slowdown is getting worse. Automotive sales (F) (GM) have been a particularly weak spot. A trade war resolution would help restore business confidence in China. Reports have suggested that businesses are cutting down on their investments in China and moving their manufacturing outside China to evade US tariffs. ## Pandora’s box As China moves forward to lower its trade deficit with the US, it could open Pandora’s box for the country. Several other countries run massive trade deficits with China. If China bows to the US demands and works to address the trade deficit, the country would face similar demands from other countries in Europe. India, which runs a large trade deficit with China, has also been pushing the country to work toward bringing down the deficit. China’s economy has been facing several headwinds as it tries to steer its economy to the next level. China has been focusing on advanced industries like electric vehicles (TSLA) (NIO). Read China’s Slowdown: Analyzing the Known and Unknowns for more analysis of China’s economic situation. Read Why China Might Need a New Economic Model Now to learn more about China’s slowdown. Browse this series on Market Realist: * Part 1 - US-China Trade Talks Ended on January 9: Is There Optimism? * Part 2 - What to Expect from the US-China Trade War

  • InvestorPlace7 days ago

    NIO Stock Is as Tempting as Tesla, Dangerous as DeLorean

    Even in this deflated environment, I can appreciate investors' interest in Chinese automaker Nio (NYSE:NIO). Known colloquially as the Tesla (NASDAQ:TSLA) of China, the upstart has made significant progress over its short lifespan. Considering how high Tesla ultimately flew, speculators are hoping for an encore performance with NIO stock. In my last write-up for the electric-vehicle specialist, I praised the company's multiple strengths. Primarily, NIO's ambitious drive towards artificial intelligence and autonomous-vehicle technologies is impressive. Should their progress continue unimpeded, NIO stands a great chance of cementing its presence with the likes of Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Uber. Of course, the big dogs like Toyota (NYSE:TM) and General Motors (NYSE:GM) will not make things easy for the newcomer. Therefore, I concluded that buying NIO stock carried significant longer-term risks. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Morgan Stanley: 7 Risky Stocks to Sell Now ### A Look at NIO That said, one look at their lineup can quickly stir the heart. The company's flagship model is the NIO EP9. Simply put, the EP9 is drop-dead gorgeous. Honestly, it looks like something that came out of the movie Tron: Legacy. Better yet, the electric supercar has the stats to justify its outrageous styling. From a standstill, it can accelerate to 60 mph in a blistering 2.7 seconds. Moreover, it has a top speed of 195 mph, thanks to its massive engine that churns out 1,341 horsepower. Combined, these metrics make the EP9 the fastest electric car in the world. If that wasn't enough, the stock price has a previously unexpected catalyst. The bitter trade war between the U.S. and China has worried global investors for obvious reasons. However, the anti-American sentiment in China gives the automaker an opportunity to compete against Tesla with a significant advantage. Plus, with NIO at its current lows, contrarians are licking their lips. ### NIO Is Innovative, but Unproven So with these new talking points and developments, are they enough for me to change my mind on NIO stock? Actually, they further solidify my original argument. The Chinese automaker scores big on ambition and innovation. However, they fall short on credibility. Now, NIO can certainly establish credibility. But the reality is that this is a very young company trying to break into a centuries-old industry. I can't heap praise on an organization whose products have yet to be eligible for long-term, real-world testing. When I think about NIO stock, my mind meanders to the DMC DeLorean. Like the EP9 and its stable mates, the DeLorean was a stunner. Its signature gull-wing doors remain a motif in modern exotic cars such as the Mercedes-Benz SLS AMG. But good looks alone doesn't build a viable enterprise. The DeLorean failed chiefly because the underlying company's financials became a mess. Admittedly, founder John DeLorean's arrest for smuggling cocaine didn't help. However, the poor financials drove him to cocaine, not the other way around. Coincidentally, a major risk to NIO stock is that the automaker is a money pit. Another similarity between Nio and DeLorean is pricing. Originally, DeLorean wanted his cars priced at $12,000; essentially, a supercar for the lay folk. Unfortunately, the ultimate asking price ballooned to between $20,000 and $25,000. In today's money, we're talking roughly $58,000 to $72,000. Interestingly, that's around the range Nio's ES6 SUV model occupies. A base level ES6 starts at $52,000, and goes up to $65,000 with all the bells and whistles. Already, the upstart car manufacturer has made a mistake. When you have no proven track record, you can't value your products in the stratosphere. This is what killed DeLorean, and it could damage the NIO stock price. ### NIO Stock Remains a Gamble The counterargument is that this is a different time and a different place. For instance, Nio's lineup has garnered industry accolades. In contrast, the DeLorean was a heavy and underpowered lug. Furthermore, Nio has far more financial credibility than the defunct automaker. The Chinese firm features strong revenue growth, which could help turn the organization into the black. Plus, its shares have stabilized since last October. Still, I have one last parallel to bring to your attention. DeLorean also failed because it attempted to sell overpriced, unproven vehicles during a recession. Nio is doing the same under an international slowdown. History doesn't repeat exactly, but ignoring it altogether is a treacherous move. As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens Compare Brokers The post NIO Stock Is as Tempting as Tesla, Dangerous as DeLorean appeared first on InvestorPlace.

  • GlobeNewswire7 days ago

    NIO Inc. Provides December 2018 Monthly Delivery Update

    Delivered 3,318 ES8 vehicles in December 20182018 cumulative deliveries of ES8 reached 11,348 SHANGHAI, China, Jan. 10, 2019 -- NIO Inc. (“NIO” or the “Company”) (NYSE:.

  • 3 Growth Stocks for In-the-Know Investors
    Motley Fool8 days ago

    3 Growth Stocks for In-the-Know Investors

    These high-growth concerns aren't getting as much attention as they deserve.

  • Reuters10 days ago

    EV startup Byton aims to raise $500 mln to fund growth: sources

    Chinese-funded electric vehicle manufacturer Byton is seeking to raise at least $500 million to finance growth, valuing the nearly three-year-old company at more than $4 billion, two people familiar with the matter told Reuters. The latest round of fundraising comes as China's government promotes new energy vehicles (NEVs), a category comprising battery-powered and plug-in battery-petrol hybrid cars, to help reduce air pollution and support high technology development. Byton is keen to primarily attract foreign investors in its latest fundraising and the proceeds will be mainly used to finance the mass production of its first premium electric SUV vehicle - Byton M-Byte and research and development, one of the sources said on condition of anonymity as discussions are still private.

  • Reuters10 days ago

    EV startup Byton aims to raise $500 mln to fund growth: sources

    Chinese-funded electric vehicle manufacturer Byton is seeking to raise at least $500 million to finance growth, valuing the nearly three-year-old company at more than $4 billion, two people familiar with the matter told Reuters. The latest round of fundraising comes as China's government promotes new energy vehicles (NEVs), a category comprising battery-powered and plug-in battery-petrol hybrid cars, to help reduce air pollution and support high technology development. Byton is keen to primarily attract foreign investors in its latest fundraising and the proceeds will be mainly used to finance the mass production of its first premium electric SUV vehicle - Byton M-Byte and research and development, one of the sources said on condition of anonymity as discussions are still private.

  • Why Tencent Music Tanked Over 4% Today
    Market Realist10 days ago

    Why Tencent Music Tanked Over 4% Today

    Why Tencent Music Tanked Over 4% Today ## Tencent Music Chinese music streaming services provider Tencent Music Entertainment Group’s (TME) performance has remained mixed since its IPO in December. Through its IPO, the company managed to raise about $1.1 billion, translating to a value of $21.3 billion. Tencent Music’s ADRs (American depositary receipts) started trading on NYSE at $13.00, and as of January 4, it had gone up 1.5%. ## Recent weakness Today at 2:50 ET, Tencent Music ADR posted a day low of $12.64, down about 4.2% from its previous session’s closing price. There was no significant news from Tencent music. However, last week, its home-market competitor NetEase Cloud Music, owned by NetEase Inc. (NTES), announced a partnership with South Korean entertainment company CUBE Entertainment. Under this partnership, “NetEase Cloud Music has been granted access to CUBE Entertainment’s complete music catalog, including sought-after albums and tracks from popular performers such as BTOB, CLC, PENTAGON, Yoo Seon-Ho and (G)I-DLE,” it said in a press release. Investors’ concerns about increasing competition for Tencent Music due to NetEase Cloud Music’s expanding music library in China could be taking a toll on TME. Note that Tencent Music was formed after its parent company, Tencent Holdings (TCEHY), acquired China Music Corporation in 2016 while NetEase Cloud Music launched in 2013. In the fourth quarter of 2018, Tencent Holdings fell 3.4% while other Chinese companies (FXI)(MCHI) Alibaba (BABA), NIO (NIO), Baidu (BIDU), and IQIYI (IQ) lost 16.8%, 8.7%, 30.6%, and 45.1%, respectively. In comparison, US tech companies Apple (AAPL), Amazon (AMZN), and Netflix (NFLX) fell 30.1%, 25.0%, and 28.5%, respectively, last quarter.

  • 5 Chinese Stocks to Avoid Now (But Buy Later)
    InvestorPlace10 days ago

    5 Chinese Stocks to Avoid Now (But Buy Later)

    2018 was not a good year for the Chinese stock market. The Shanghai composite, the market's major average, fell nearly 25%, the worst performance of any Asian stock market. Most Chinese stocks declined: of 86 China-based stocks listed on U.S. markets, according to a finviz.com screen, just 10 rose more than 1% in 2018. It's far from certain that 2019 will be any better -- at least initially. Trade war concerns aren't going anywhere. Investors across the globe still are fearful of recession, re-igniting long-running fears of a "hard landing" in the Chinese economy, and thus Chinese stocks. * 9 A-Rated Safety Stocks for a Grossly Oversold Market That said, there are some intriguing values in the Chinese stock market. Long-term, the movement of hundreds of millions of citizens into the middle class and beyond promises explosive economic growth. It may be a bumpy ride -- indeed, it already has been -- but a great deal of promise remains. These five Chinese stocks all look cheap relative to their potential. And after the Chinese stock market bottoms, they could be the biggest winners when the rebound comes. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### JD.com (JD) Source: Daniel Cukier via Flickr E-commerce operator JD.com (NASDAQ:JD) has had one of the steepest falls of any Chinese stock, dropping by nearly half in 2018. Investments behind the business have pressured earnings. The CEO wound mired in an ugly incident in the U.S. E-commerce leader Alibaba (NYSE:BABA) has sold off -- albeit not the same extent -- adding to the pressure on second-place JD.com. I've been a long-time bull on JD stock, which has been one of my favorite Chinese stocks. But amid the endless selling pressure, even I've waved the white flag. The "risk-off" attitude in the market and the lack of patience in JD.com's higher spending suggests it will take some time for investors to return to the bull case. That said, I still believe that will happen at some point. JD.com has big-money partnerships with Walmart (NYSE:WMT) and Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG), the latter of whom took a stake in JD.com at over $40 per ADS, nearly double the current price. The e-commerce market in China will be big enough for two winners, at least. And JD's better supply chain could allow it to take share from Alibaba over the long haul. JD stock seemingly has bottomed over the past six weeks, so a rebound may be at hand. Near-term, investors still need to be careful: if support breaks again, the downtrend can resume. But at some point, I still believe JD will rebound. ### Nio (NIO) Electric vehicle company NIO (NYSE:NIO) closed the year up under 2% from the price at which it went public in September. In the context of the overall market -- and the Chinese stock market -- over that stretch, the performance certainly isn't that bad. But a seemingly "cheap" price above $6 belies how expensive NIO truly is. This is a company still valued at over $8 billion despite the fact that it doesn't yet manufacture its own vehicles. (NIO contracts with a state-owned manufacturer, and aims to get a license at some point.) A 3x multiple to 2019 revenue estimates doesn't sound that big, but it's certainly high for an automaker. The only other company with a similar valuation is Tesla (NASDAQ:TSLA), to which NIO is often compared. That said, there's an intriguing long-term bull case here, as I detailed last month. The near-term risks, however, seem huge in this market. Another market downturn and/or further pressure on Chinese stocks without question is going to take NIO stock down. Put selling can create a hedged entry -- and for investors willing to try and time the bottom, might be the wisest choice. * 10 Oversold Stocks Due for a Bounce This seems like a story that could be huge -- but in this market, there also seems to be little reason to rush in. ### Huya (HUYA) Source: Shutterstock Huya (NYSE:HUYA) is often referred to as China's version of video game streaming company Twitch, now owned by Amazon.com (NASDAQ:AMZN). Like NIO, Huya went public this year, with shares priced at $12. Unlike NIO, HUYA stock actually rose from those prices, closing the year above $15. But that gain is small solace to most HUYA shareholders. The stock rose 300% out of the gates; it fell nearly 70% from highs above $50 to the end-of-year price. The chart still suggests a falling knife, and between competition from privately held Douyu and others, plus a 3x-plus multiple to 2019 revenue estimates, HUYA stock could have further to fall. That said, here, too, there's a bull case worth buying. Video game demand in China continues to rise -- and should do so for years at a pace that exceeds even that of the U.S. The company has turned profitable already. And a buyout isn't out of the realm of possibility. The risks here looks similar to those facing many issues in the Chinese stock market. The rewards, however, do not. A return even close to 2018 highs suggests huge upside for HUYA. And a heavy short interest, plus a thin float, means a short squeeze provides a potential catalyst once sentiment finally turns. ### PetroChina (PTR) For a $200 billion company, PetroChina (NYSE:PTR) gets a surprisingly small amount of attention. What news there has been of late, however, certainly hasn't been good. PTR trades near its lowest levels in almost three years - and is only a few points away from touching a thirteen-year low. It's not hard to see why that is. Oil prices are falling; the spike in natural gas is fading. Concerns about the Chinese economy are rising. If anything, it might seem surprising that PTR fell "only" 12% in 2018. * 10 Top Stock Picks From the Street's Best Analysts But those obvious risks also set up a potential case for a rebound. It's hard to think of any large-cap stock that could benefit more from a broad reversal in sentiment. If investor fear turns back to greed, oil bounces, Chinese stocks bounce and PTR could gain big. After all, the stock traded above $80 -- 30% or more above current levels as recently as early October. ### Baidu (BIDU) Source: Shutterstock On this site in early November, Luke Lango laid out the value-based bull case for Baidu (NASDAQ:BIDU). Lango isn't alone: Wall Street analysts on average see over 50% upside for BIDU. And yet the stock has dropped another 20% in the last two months, closing out a year in which BIDU declined some 32%. The bulls may not be wrong, however -- just early. The chart is ugly, and Baidu is going to need some help from the Chinese stock market to end its long decline. When that reversal comes, however, there's a lot to like here. BIDU trades at a mid-teen multiple to forward earnings despite heavy investments in the business and losses from iQiyi (NASDAQ:IQ). Its search dominance seems assured. Like a lot of Chinese stocks, BIDU probably just needs some time for investor confidence to return. As of this writing, Vince Martin has a bearish out-of-the-money options position in Tesla. He has no positions in any other securities mentioned. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Top Stock Picks From the Street's Best Analysts * 7 Tech Stocks Without China Exposure * 5 Strong-Buy Stocks That Crushed 2018 Compare Brokers The post 5 Chinese Stocks to Avoid Now (But Buy Later) appeared first on InvestorPlace.

  • Why Tesla Is Up 6% Today
    Market Realist10 days ago

    Why Tesla Is Up 6% Today

    Why Tesla Is Up 6% Today ## Tesla stock On Monday, January 7, Tesla stock was rallying for the second consecutive day. The stock started 2019 on a negative note with 4.5% losses last week. However, on Friday, the stock saw a sharp recovery of about 5.8%, mainly due to the broader-market optimism. Extending these gains, at around 1:10 PM ET, TSLA was trading with 6.0% gains at $336.60. Let’s find out what could be driving optimism in the stock today. ## Key positive factors In a recent series of tweets, Tesla CEO Elon Musk said, “Looking forward to breaking ground on the @Tesla Shanghai Gigafactory today!” He added that Tesla is “aiming to finish initial construction this summer, start Model 3 production end of the year & reach high volume production next year.” In the last couple of quarters, China’s high tariffs on US-imported vehicles has hurt Tesla’s competitiveness in the country and affected its margins. As a result, the company sped up its plans to build its Shanghai-based Gigafactory, where it plans to produce cars as well as batteries. Musk, in his tweets, also said that the China Gigafactory “will produce affordable versions of 3/Y for greater China. All Model S/X & higher cost versions of Model 3/Y will still be built in the US for WW market, incl China.” Tesla signed a cooperative agreement with Shanghai authorities to start building the Gigafactory in July. The company’s update today on its Chinese Gigafactory could the main factor driving the stock up, apart from the broader-market positive movement. Interestingly, in the fourth quarter of 2018, Tesla yielded a 25.7% positive return despite the broader-market sell-off. Other automakers (XLY) General Motors (GM), Ford (F), Fiat Chrysler (FCAU), and NIO (NIO) lost 0.7%, 17.3%, 17.4%, and 8.7%, respectively, in the last quarter.

  • Why Shares of Chinese Tesla Rival NIO Fell 17.4% in December
    Motley Fool10 days ago

    Why Shares of Chinese Tesla Rival NIO Fell 17.4% in December

    Two big factors threaten to throw a wrench into NIO's expansion plans -- and Tesla is one.

  • Can China Recover Like It Did in 2016?
    Market Realist14 days ago

    Can China Recover Like It Did in 2016?

    As we discussed in the previous part, Apple (AAPL) has lowered its revenue forecast due to the slowdown in China. Since China is the world’s largest metal consumer, metals tend to be hypersensitive to developments in China. Fears about China’s slowdown have triggered a sell-off in copper.

  • Are Tesla Short-Sellers Making Its Stellar 2018 Data Look Ugly?
    Market Realist15 days ago

    Are Tesla Short-Sellers Making Its Stellar 2018 Data Look Ugly?

    Today before the market opened, Tesla (TSLA) released its fourth-quarter vehicle deliveries and production data, which pointed toward stellar growth in 2018. In 2018, TSLA delivered about 245,240 vehicle units, about 138% more than the 103,181 units it delivered in 2017. In the previous year, Tesla’s deliveries grew at a much lower rate of 35.3% year-over-year.

  • How ‘Trumponomics’ Might Unfold in 2019
    Market Realist15 days ago

    How ‘Trumponomics’ Might Unfold in 2019

    President Trump’s economic policies, also referred as “Trumponomics,” have been driving markets since his election in 2016. There were hopes that President Trump would pursue a business-friendly agenda and boost US economic growth (SPY). President Trump didn’t disappoint on that front.