With a price of nearly 55$ per share and a market cap reaching 100 billion dollars, NIO has undoubtedly become a massively overvalued company that can be the cause for a destructive financial crisis when the optimistic enthusiasm for the EV Sector ends.
The only way to profit from a Stock is -apart from the growth- its Earnings and the resulting dividends....
Warning: This is not investment advice. Trade at your own risk.
With a market share of nearly 10%, phones from Xiaomi are now the fifth most sold phones in the world.
Here are the main reasons to hold Xiaomi through 2021:
-Increasing market share
-Solid equity for investments in new technologies
-People tend to buy cheaper phones
-Low P/E Ratio compared to the...
