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Tag: NIO

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  • $NIO Appears To Be A Long Term Opportunity
    NIO traders are buying shares at 6x-7.7x 2022 sales. I believe that the company is not that expensive with triple digit sales growth and double digit gross profit margin. However, shareholders need to understand that there are significant risks to factor in. Conservative individuals who don’t like share price volatility should pass on NIO. The company will most likely deliver stock returns in the long term. …

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