Looking for investments in innovative areas, analysts are beginning to recommend them cedar of a company Electric carsits price can increase by up to 20% in dollar terms in the coming months. It’s about NIO, a global company of Chinese origin which has established itself in the market for this new type of premium vehicles, is expanding with a presence in more than 25 countries, employs around 46,000 people and aims to compete with companies like Tesla And BYD.
It should be remembered that the Argentine Certificates of Deposit (CEDEAR) These are variable income instruments quoted locally in pesos on the ByMA and equivalent to fractional shares of major global companies and industry indices quoted in dollars on Wall Street.
Therefore, The CEDEARs enable dollarization of positions as they adjust to the devaluation of the local currency as they follow the movement of the dollar with settlement (CCL). Likewise, they vary depending on the price of the original asset represented in the United States, so they take into account the risk and fluctuation of the price of the company it represents..
NIO is a Chinese company founded in 2014 by William Li in ShanghaiChina, which employs around 45,600 people and maintains an international presence in more than 25 countries and regions, with recent expansion plans Singapore, Uzbekistan and Costa Rica. It excels at producing premium electric vehicles with innovations like that Battery replacement (power swap) and autonomous driving.
“NIO is experiencing a pivotal moment in the electric car sector. “The company is experiencing strong growth in deliveries, both last September and the last quarter, as it recorded more than 87,000 vehicles delivered, strengthening demand for its three brands NIO, ONVO and FIREFLY,” he concludes. Esteban CastroEconomist and CEO of Inv.est, too iProfessional.
Additionally, it clarifies that the company has just conducted one capital placement of US$1,160 million, The company is “improving its financial position and accelerating investments in autonomous technology and the expansion of its battery swapping network. This strengthening led to several banks raising their target prices, forecasting a potential increase of almost 20%,” the quote said.
However, Castro warns against this “NIO continues to experience operating losses, very low margins and negative cash flow. The company would not be profitable until 2027 at the earliest and remains exposed to regulatory and geopolitical risks, such as recent trade tensions between the US and China. As a result, the stock remains very volatile.”
CEDEAR NIO is recommended for investing
Regarding the CEDAR from NIO, According to estimates from various American banks Its action may increase by up to 20% in dollar terms in the coming months. Therefore, it is recommended as an investment for savers who want to invest their pesos in a dollar asset.
“From a technical perspective, it is The paper is attempting to recover from key support at the 200 rad averagewith the RSI coming out of the oversold condition,” says Castro.
It should be made clear that the The Relative Strength Index (RSI) is a technical analysis oscillator It measures the speed and change of price movements of a financial asset and fluctuates between 0 and 100. Therefore, we can determine whether an asset is overbought (above 70) or oversold (below 30), helping traders identify possible trend changes or presented weaknesses, in this case NIO stock.
The shares of this Chinese electric vehicle maker are worth considering Today they are listed in New York for about $5.
For this reason, Castro claims that the NIO’s next “resistances” lie in the $5.50 and $6 areas.
“If you manage to exceed these values, could enable a recovery step; while a loss of support would open new lows,” Castro warns.
However, he clarifies that if the expected recovery occurs, there could be an improvement “a gain of 15% in dollars in a short period of time.”
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