Chinese electric car manufacturer NIO Limited (NIO) just may be one of the hottest stocks in an already overheated stock market. In the past 52 weeks alone, NIO stock has gained 2,138%, and according to J.P. Morgan analyst Nick Lai, NIO’s run isn’t done yet.This $44 stock might even go as high as… $46.Now, we know what you’re thinking. $46 a share — isn’t that just a couple bucks more than the $44 NIO stock costs today? And isn’t that kind of a piddling profit to be racing after? The answer is “yes” to both questions.And yet, Lai still wants …read more
Source:: Yahoo Finance
