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Nio Stock Is a Definite Buy; Thank Irrationality for the Discount

December 10, 2020 Nio (NYSE: NIO) stock recently lost roughly 20% of its value over just a few days. So, should investors avoid it, or sell it if they already own it? No.  Source: Andy Feng / Shutterstock.com In fact, I believe it’s likely a great time to invest in the EV maker. Many market participants are looking at Nio’s meteoric rise this year and kicking themselves for not buying it earlier. After all, Nio shares are up 1,057% year-to-date, and that’s even after the r...
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