NIO STOCK (CHINA’S TESLA) HAS FALLEN MORE THAN 80% YEAR TO DATE!


NIO STOCK
Dear readers, Nio, which is China’s answer to Tesla has fallen by more than 80% from a 52-day-high of $13.80 per share to $2.40 per share!

I am not personally invested in the stock but I think some investors may as they think what they are buying in Nio is akin to buying a China’s Tesla with potential for lots of growth.


But really, the electric car market is a competitive one and if one does not understand a particular market well, the best thing is to stay away from it. Do not buy into hype or something that one does not understand well.

That is why when it comes to international stocks play, Singapore Stocks Investing’s focus is on “Selective” stocks. Only stocks which have potential would make the cut for an investment on Singapore Stocks Investing portfolio! STABLE STI CORE, MULTI-BAGGED BY SELECTIVE INTERNATIONAL PICKS! Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.


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