EV Company Doubles October Deliveries — Buy NIO Stock Now

Published: November 03, 2020

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Today's election will set the tone for the stock market over the coming months.  


One specific sector will experience a massive surge if Donald Trump wins … and a completely different sector will experience explosive growth if Joe Biden wins. 


Who will be crowned the victor is anyone's guess, but the time to start preparing is now. That's why we'd like to personally invite you to the WealthPress 2020 Election Summit


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Lance Ippolito

Lance is a professional trader and a successful entrepreneur with over 10 years of experience in the financial markets.

EV Company Doubles October Deliveries — Buy NIO Stock Now

Nio Inc. (NYSE: NIO) came in hot for the first week of November, looking ready to rumble with Wall Street — and traders everywhere were cheering for an epic smackdown.


The EV king has struck again with a record number of deliveries for the stock raging Monday —  5,055 deliveries in October and a 100.1% year-over-year growth, absolutely crushing the EV market.


The fact that the automotive maker was about to double its deliveries from October 2019, in the middle of a pandemic and recession, is very impressive.


The call buying for this stock has become non-stop, making the pre-market Monday morning very ludacris for investors by skyrocketing up more than 6%.


In total NIO delivered more than 31,000 vehicles in 2020, making that a beautiful 111.4% increase year-over-year


And if that weren't remarkable enough, this stock has truly become a champion of 2020 — from March's lows to Nov. 2 massive NIO stock buy, the stock has rallied more than 1,500%. 


With all this bullish momentum going, is this stock worth investing your money in November?

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