Tesla, Nio stocks rally after Mizuho analyst said buy the EV leaders

Shares of Tesla Inc. and Nio Inc. rallied Thursday, after Mizuho analyst Vijay Rakesh recommended investors buy the respective leaders in their electric vehicle markets, while setting bullish price targets.

Rakesh said Tesla is a “100-year disruptor driving an electric future” for the light vehicle production market. He said it isn’t just EV production that gives Tesla “defensible EV leadership” in the global market, the company’s advanced battery and advanced drive assistance systems also provide a moat.

With less than 1% share of the global LVP market, he believes Tesla has room for “significant” growth, as EVs are expected to grow to 25% of global LVP by 2025, compared with current share of 3% to 4%. “Nio has a key differentiation from peers: a premium EV offering with a lower cost of ownership through its novel Battery-as-a-Service battery swap module,” Rakesh wrote.

Also read: Forget Nio and XPeng. This company and Tesla will be the top two electric-vehicle plays by 2025, says UBS.

YTD (3/11/2021) 'catch up' Game is ON... XPENG -18% LI -9.8% NIO -5.56% Tsla 4.7% NIKOLA 12% DAIMLER 22% Vw 32% GM 35% Ford 45.7%

imagine thinking 4.45% is a rally 😂😂😂...crypto stonks

Just bought in

Market started well,yesterday, then disappointing. I made a video doing a business analysis of NIO, if interested have a look here:

good luck

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stocks making the biggest moves midday: MSG Entertainment, Nio, Bank of America and moreCheck out the stocks making the biggest moves on Friday. Endless Welfare for Wallstreet and Billionaires while working American s and small business pay the tab. Capitalism Enjoy GME is there! Hedgers keep shorting the stock in huge volume. Just digging the hole deeper. See volume last two days. It will fly. Negative press is all in favor of hedgers and their $$$$. Buy GME, you’ll like the stock.
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