$NIO Inc.(NIO)$ $NIO-SW(09866)$ NIO is undoubtably one of the best value stocks on the market right now. $13 is so conservative from me. This could easily pop to $30 in no time!
I have 25-26 as short term PT, based on 3x 2025 P/S. Even then it would be cheap. I believe the stock ought to be 25-26 a share right now, given the valuations of worse like $Rivian Automotive, Inc.(RIVN)$ and $Lucid Group Inc(LCID)$ (relatively speaking). I mean RIVN and LCID are NO COMPARISON with NIO
Be patient with NIO and the money will fellow
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Or wait until $7 then buy.
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