NIO: Buy This Chinese EV Manufacturer While It's Still Cheap
NIO is a dominant EV manufacturer in the electric SUV segment in China.Despite competing in the luxurious SUV segment, its cars are more affordable in comparison to the cars of its peers such as Tesla.As the Chinese EV market will continue to aggressively expand in the upcoming years, we believe that NIO has all the chances to create additional shareholder value in the future.Founded in 2014, NIO is an electric vehicle manufacturer that's headquartered in Shanghai, China. The company mostly spec
7 Hot Stocks To Buy for an Explosion in Consumerism
The U.S. economy is expected to boom in Q2, with these hot stocks benefiting as consumers open their wallets.The coronavirus pandemic had a chilling effect on the economy in 2020. Millions of Americans were out of work, stores were physically shut down and there was a growing list of retail bankruptcies. Last June, the World Bank predicted Covid-19 would gut the global economy, triggering the “worst recession since World War II.”Economists are far more optimistic these days. With vaccines making
Hopefully not much impact on the rest of the indices.
Toplines Before US Market Open on Monday
U.S. stock futures traded lower in early pre-market tradeBank stocks drop after Archegos Capital collapses.Goldman Sachs, Credit Suisse, Nomura & more making the biggest moves in the premarket. U.S. stock futures traded lower in early pre-market trade after the Dow Jones jumped more than 450 points in the previous session. The yield on the 10-year Treasury note traded almost flat at 1.66%.At 08:00 a.m. ET, Futures for the Dow Jones Industrial Average dropped 141 points to 32,813.00 while the S