Keep an eye on Nio Inc. (NIO).
The stock could easily run higher on anticipation of Sept. 2020 EV sales, just as it did in Aug. Lately, each time the company releases sales data, the stock has pushed higher.
And we don’t want to miss out on that potential.
For Aug. 2020, NIO completed 3,965 sales – a year over year increase of 104%. That’s also up 12.2% month over month. Cumulative deliveries are now up to 21,667, an increase of nearly 110% year over year, as well. In its Aug. report, NIO also guided for higher Sept. sales.
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