Nio Stock vs. XPeng Stock: Which Is the Best Stock to Buy Today?

By Parkev Tatevosian, CFA – Apr 20, 2024 at 4:49PM

NYSE: NIO

Nio

Market Cap

$11B

Today's Change

(-0.80%) -$0.04

Current Price

$5.54

Price as of May 3, 2024, 2:59 p.m. ET

EV stocks are struggling amid rising competition and slowing growth.

Fool.com contributor Parkev Tatevosian compares Nio (NIO -0.80%) to XPeng (XPEV -3.46%) to determine the better buy.

*Stock prices used were the afternoon prices of April 17, 2024. The video was published on April 19, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nio. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.