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#Yahoo finance nio conversations drivers
#Yahoo finance nio conversations pro

You can access their recent analysis, including the charts, photos, and videos that accompany it, on the Empire Financial Research website, , which explains everything you need to know about this skyrocketing tech sector, including the stock name and ticker symbol of their and that's what we're looking at right here."

"The best thing you can do as an investor is position yourself in front of a massive, inevitable, and booming trend.

And a Phoenix company working on this breakthrough recently shot up 104% in a single day, while another company in the exact same industry just shot up 46% in one day.Īs Tilson – a former hedge fund manager who's twice appeared on 60 Minutes to break big financial stories – says.

A New York company entering this space shot up 71% in just two days.

A California company considered the leader in this space is up more than 370% since the start of this year.

An Ohio company working on this technology soared roughly 500% in two months.

Tilson and his team have been strongly recommending a very different type of technology company for 2022.Īnd the performance of companies in this space has been stunning. " And Tilson believes the returns in this space are only going to escalate from here.įocused on big technology names like Apple, Facebook, and Microsoft, CNBC's Michael Bloom contributed reporting.While it's getting very little attention in the mainstream press.Įmpire Financial Research founder Whitney Tilson, says "a frenzy is erupting in Shares of Nio were down about 1% during afternoon trading. With Nio's recent share gain, the company's market cap now stands at $62.61 billion, slightly ahead of General Motors' $62.15 billion, according to FactSet.

"NIO will showcase its fourth product – an electric sedan – on that day, along with its "NP2" platform (second new platform), which includes NIO's latest technology on autonomous driving," he added. "We see the major catalyst for NIO share price is its upcoming NIO day on ," analyst Big Wang wrote in a note to clients.

#Yahoo finance nio conversations drivers

Credit Suisse identified four key drivers of growth into 2021, including geographical expansions as well as increasing brand awareness. Third quarter deliveries rose 154.3% year over year to 12,206 vehicles. Nio reported a smaller-than-expected bottom line loss, and said that revenue rose 146% year over year to 4.52 billion yuan, which is equivalent to $666.6 million, the company said. The four price target hikes for the stock, which has gained more than 1,000% this year, follow Nio's third-quarter results. But come Wednesday afternoon, Credit Suisse jumped on the bandwagon, more than doubling its target to a new Street high of $60. Deutsche Bank and JPMorgan also raised their targets on the stock Wednesday morning, with each firm boosting its forecast to $50. On Wednesday morning the firm more than doubled its price target on U.S.-listed shares of the Shanghai-based electric vehicle maker, lifting its forecast from $23 to $54.70.

#Yahoo finance nio conversations pro

(This story is for CNBC PRO subscribers only.) Bank of America's reign as the biggest Nio bull on Wall Street lasted a mere matter of hours.