Can NIO Finally Confirm a Move Out Of Penny Stock Territory
[QUOTE]
"What has been the biggest driver? Sales momentum is a big focus for the public right now. In fact, Bank of America Securities analyst, Ming-Hsun Lee reiterated a Neutral rating but increased the price target to $3.90 from $3.80. The shining factor had to do with “strong sales momentum since August.” Can Nio continue this momentum in 2020 as Tesla rolls out more EV’s in China?"
[COMMENTARY]
Good question. But finally,
NIO is showing real signs of life. Let's just hope sales momentum continues. I think the first quarter is going to be interesting to see the January - March figures as Tesla goes live
Quote SOURCE: Best Penny Stocks To Watch This Week? 1 Up Over 210% This Year
"What has been the biggest driver? Sales momentum is a big focus for the public right now. In fact, Bank of America Securities analyst, Ming-Hsun Lee reiterated a Neutral rating but increased the price target to $3.90 from $3.80. The shining factor had to do with “strong sales momentum since August.” Can Nio continue this momentum in 2020 as Tesla rolls out more EV’s in China?"
[COMMENTARY]
Good question. But finally,
NIO is showing real signs of life. Let's just hope sales momentum continues. I think the first quarter is going to be interesting to see the January - March figures as Tesla goes liveQuote SOURCE: Best Penny Stocks To Watch This Week? 1 Up Over 210% This Year
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