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2021-12-02

Nio Is a Strong Buy as Its Business Evolves and Capacity Grows

NIO stock traded contrary to good news in 2021, but fundamentals are set for a 2022 rally

Two years ago, Chinese electrical vehicle (EV) maker Nio (NYSE:NIO) announced it didn’t have the funds to last another 12 months. Now, NIO stock is a strong-buy rated EV trade with massive upside potential going into December. Plus, the latest news and upcoming events point to an eventful 2022 for the company.$NIO Inc.(NIO)$

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