Should You Buy Nio Stock While It's Below $5 a Share?? [Yahoo! Finance]
BYD CO LTD UNSP/ADR (BYDDY)
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Source: Yahoo! Finance
the U.S. at 18% of all sales, India and Japan at 5.1% each, and Germany at 3.2%, according to one set of data. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » In the first half of 2025, electric vehicles (EVs) and hybrids, which China classifies together as "new energy vehicles," reportedly became the majority of new cars sold in the Chinese market at 50.1%. So it follows that Chinese electric car manufacturers like Nio (NYSE: NIO) would be good investments, right? After all, you can scoop up shares of Nio for less than $5 right now. The answer, surprisingly, is no. The Chinese auto market is going through a period of consolidation and change, which makes smaller Chinese EV manufacturers less attractive, even with low share prices. Price is not value, after all. Let me start by saying that I like Nio. Its cars look cool, especially the EP9 supercar from 2
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