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The company is growing, but that alone does not make it a good investment.
The China-based electric vehicle company offers a unique customer value proposition compared to other EV companies. Unsurprisingly, Nio (NIO 6.07%) stock is capturing the curiosity of stock market investors asking if the stock is a buy right now. This video will answer that question using a simplified six-step framework.
*Stock prices used were the afternoon prices of Nov. 1, 2022. The video was published on Nov. 2, 2022.
Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nio Inc. 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 fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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