This story was originally published here.
It has been quite the joyride for Chinese premium electric vehicle (EV) maker NIO (NYSE:NIO) in 2020.
Year-to-date, NIO stock is up 130% — including a near 300% rally from its Covid-19-inspired March lows — as the fundamentals underlying the company have dramatically improved.
That is, vehicle delivery trends have gone from declining in 2019, to surging higher in 2020. Revenue trends have followed a similar trajectory. Gross margins have gone from compressing, to expanding. Operating losses have gone from widening, to narrowing.
It only makes sense that, against those favorable shifts in fundamentals, NIO stock has gone from falling to rising.
This favorable shift in fundamentals will continue for the foreseeable future. As it does, NIO stock will keep rallying. Likely to levels above $10.
Editor's Note: Click here to keep reading.
65 Ways You Can Make Extra Cash in This Crazy Environment
With the market crisis moving into our rearview mirror, folks are now looking for ways to get back to making money.
Neil George wants to show you how to get his new book that profiles 65 simple ways to earn large amounts of work-free income.
…extra cash that you can collect ON TOP of your Social Security check…
…without messing around with crappy jobs. (Pizza delivery driver? No way.)
These are PROVEN cash-gushing strategies… the kind typically used by the wealthy elite.
And the best part is…
Neil George has set aside copies of his book, Income for Life, and he’s willing to send you a hardback version today ABSOLUTELY FREE (just pay shipping). This may be the last time we offer this.
Here's just a sample of what you can find inside:
- Use what Neil calls the “FHA Loophole” to get the government to pay your mortgage — PLUS receive hundreds in extra cash on top.(Page 217)
- Collect $100s for pictures in old family photo albums! Believe it or not, there is an easy way to turn your old artwork/photographs into $100 bills (certain businesses are desperate). (Page 297)
- Get paid every time your favorite song gets played on the radio! This little-known website allows you to tap into royalty payments every time your favorite song is played on the radio. Some lucky folks collect thousands of dollars a year! (Page 307)
- Pocket upwards of $197 PER HOUR simply by taking a walk through the woods in the fall… or $137 while visiting your favorite beach in the summer… and many, many more!
This book is flying off the shelves and this may be the last run of copies we print.
So if you don't claim your copy of Income for Life today, we'll send it to the person behind you in line…