2 Catalysts for Nio Stock Investors in 2023 (and Beyond)

By Parkev Tatevosian, CFA – Sep 3, 2023 at 7:30AM

NYSE: NIO

Nio

Market Cap

$10B

Today's Change

(11.65%) $0.55

Current Price

$5.27

Price as of May 1, 2024, 4:00 p.m. ET

The EV company has a unique battery charging strategy.

Fool.com contributor Parkev Tatevosian discusses two green flags that could propel Nio (NIO 11.65%) stock over the next few years.

*Stock prices used were the afternoon prices of Aug. 30, 2023. The video was published on Sept. 1, 2023.

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.