NIO a BARGAIN?

$NIO Inc.(NIO)$NIO has been pouring out one good news after another and they are officially in Norway. They are taking calculated and meticuloussteps to minimise their risk exposure as they continue to expand. 

NIO is NIO, it is not CHINA’s TESLA. If NIO is heading in the direction it is now, I would compare this company to APPLE instead. A unique brand that strives to push the limits and provide value and convenience for the consumer. A lifestyle company. A must have in every household. 

Potential? Billions, and probably a trillion dollar company. At its current price of $44.50 and considering that NIO is taking it steady with government and the support of its people, NIO is still a buy with a potential upside of 20-30% 2021, 40-50% 2022, 60-70% 2023. 

Here’s my add on of NIO stock during the DIP a few days. Are you ready for the ride?