$NIO Inc.(NIO)$ we should buy

$NIO Inc.(NIO)$ we should buy Nio stock now, with the stock expected to trend toward his $8.10 price target as those models launch and upcoming delivery reports show improved data.

While I agree that Nio sales should grow at increasingly faster rates moving forward, the stock itself may not react immediately.

But for friends are buying now shouldn't be expecting a short-term move that the "catalyst watch" designation might imply. In the longer term, however, as sales figures show gains, Nio stock might react as Chung expects.

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