Should You Buy the Dip in Nio Stock for 2024?

Fool.com contributor Parkev Tatevosian reviews 's (NYSE: NIO) progress in 2023 while answering if the electric vehicle stock is an excellent buy for long-term investors in 2024.

*Stock prices used were the afternoon prices of Dec. 17, 2023. The video was published on Dec. 19, 2023.

Source Fool.com

NIO Inc. Stock

The NIO Inc. stock is trending slightly upwards today, with an increase of €0.011 (0.230%) compared to yesterday's price.
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the NIO Inc. stock is not clear.
As a result the target price of 5 € shows a slightly positive potential of 2.63% compared to the current price of 4.87 € for NIO Inc..

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