Deutsche Bank's top quarterly investment ideas have typically outperformed the market. The firm's "Fresh Money" list has returned 109% since its inception in the third quarter of 2017, outperforming the S & P 500 's 76% gain over the same period. And the rolling 12-month performance from the last four quarterly reports has showed its ability to pare losses in a down market, posting a loss of 11.4% compared with the S & P 500's 16.7% drop.
" Deutsche's $250 price target implies the stock will gain 11.3% from Wednesday's close. The firm believes Chinese electric-vehicle maker Nio could emerge as a leader within the EV space. Deutsche Bank expects its ET5 mid-size sedan to become a top-selling model within six months as supply issues get worked out while demand remains strong.