It’s fair to say that China-based electric vehicle manufacturer Nio (NYSE: NIO ) isn’t a darling of the financial markets now. Yet, at least one expert on Wall Street has set a lofty price target for NIO stock. Besides, after viewing Nio’s EV-delivery stats, you’ll wonder why the share price isn’t much higher than it is today. Nio has come a long way since early 2020, when it felt like the world was imploding. Nio’s financial and operational metrics were dismal. Now, Nio’s turnaround is truly impressive, and investors can apply a “buy low” strategy – but they can replace the “sell high” part with “don’t sell your Nio shares at all…
