Fool.com contributor Parkev Tatevosian looks at Nio's (NIO 13.35%) prospects for 2024 and gives his stock price prediction.
*Stock prices used were the afternoon prices of Dec. 27, 2023. The video was published on Dec. 29, 2023.
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Where Will Nio Stock Be in 1 Year?
By Parkev Tatevosian, CFA
–
Dec 30, 2023 at 9:29AM
NYSE: NIO
Nio
Market Cap
$9B
Today's Change
(13.35%) $0.63
Current Price
$5.35
Price as of May 1, 2024, 2:38 p.m. ET
Nio's newer models are proving popular with EV buyers.
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.
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