Is Nio Inc. (NIO) the Best High Volume Stock to Buy Now?
We recently published a list of the 13 Best High Volume Stocks to Buy Now. In this article, we are going to take a look at where Nio Inc. (NYSE:NIO) stands against other best high volume stocks.
On May 9, BMO private wealth chief market strategist Carol Schleif joined CNBC's 'Squawk Box' to discuss the latest market trends and the state of the economy. Reflecting on a market decline in April that reached a ~20% drop, Schleif noted that the market recovered and ended only 3% to 4 % down. She described investor reactions during that period as mixed: about 10% were very eager to buy, but another 10% were quite nervous, while the majority remained measured. She emphasized the important distinction between markets and the economy and noted that markets often move ahead of economic realities and quickly shift focus to new topics as part of their discounting mechanism. This is why markets serve as economic indicators and anticipate future developments.
She talked about how individual risk tolerance varies, with some younger clients adopting conservative strategies and some older clients favoring aggressive positions, especially in tech. Schleif acknowledged that tariffs are expected to rise from under 3% to ~10%, but despite this anticipation, she's confident that markets and companies will adjust to the changes. She noted the unusual shift in US influence, which now extends beyond material control to more intangible domains, and described this shift in responsibility as significant and complex. Schleif also emphasized the value of globally diversified portfolios, which have been challenging to maintain during periods when the US market outperformed. However, she noted that such diversification, which includes fixed income and foreign equities, has provided better performance and protection year-to-date and helps investors weather volatility better than those concentrated solely in US assets.
We first used stock screeners to compile a list of stocks with high average 3-month volumes. We then selected the 13 stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q4 2024.
Note: All data was collected on May 12.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A fleet of eco-friendly electric cars, a symbol of the company's commitment to sustainability.Number of Hedge Fund Holders: 20
Nio Inc. (NYSE:NIO) designs, develops, manufactures, and sells smart EVs in China and Europe. It offers five and six-seater electric SUVs, as well as smart electric sedans. The company also offers power solutions and provides energy & service packages to its users, design & technology development activities, and sales & after-sales management activities.
Citi maintained its Buy rating on Nio (NYSE:NIO) on April 28 with a price target of $8.10. Following the Shanghai Auto Show, the firm expects Nio to launch new models soon, which will benefit from lower Bill of Materials costs and cost-saving synergies. The premium NIO brand delivered 201,209 vehicles in 2024, when the total was 221,970. This helped Nio secure a 40% market share in China's BEV segment priced above RMB300K.
The NIO brand is moving forward with a new product cycle, such as the recently launched flagship sedan ET9 (deliveries starting late May 2025) and 2025 upgrades for existing models (ET5, ET5T, ES6, EC6) planned for Q2 2025. Citi indicated that Nio could see deliveries reach 63K units in Q2, which would be up 50% year-over-year. Further growth is expected, with projections of 100K to 120K units for Q3 and 120K to 150K units for Q4.
Overall, NIO ranks 13th on our list of the best high volume stocks to buy now. While we acknowledge the growth potential of NIO, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NIO but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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Segment Adjusted EBITDA is defined as Net income (loss), excluding unallocated corporate costs, Depreciation, depletion, accretion and amortization, Loss on impairments, Other non-operating income (expense), net, Interest expense, net, Income tax benefit (expense), Income from equity method investments, and certain other items, such as costs related to acquisitions, certain litigation costs, restructuring costs, charges associated with non-core sites and certain warranty charges related to a pre-acquisition manufacturing issue and transaction costs related to the spin-off. 2 Adjusted EBITDA Margin is defined as Adjusted EBITDA divided by revenues. 3 Free Cash Flow is defined net cash provided by (used in) operating activities plus proceeds from property and casualty insurance, proceeds from land expropriation and proceeds from disposals of long-lived assets less purchases of property, plant and equipment. 4 Adjusted EBITDA Cash Conversion Ratio is defined as Free Cash Flow divided by Adjusted EBITDA. 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(2) Other primarily consists of costs related to acquisitions, certain litigation costs, restructuring costs, charges associated with non-core sites, certain warranty charges related to a pre-acquisition manufacturing issue and transaction costs related to the spin-off. The table below reconciles our net cash provided by operating activities, the most directly comparable financial measure calculated in accordance with U.S. GAAP, to Free Cash Flow and Adjusted EBITDA Cash Conversion Ratio. For the years ended December 31, (In millions, except for percentage data) 2024 2023 2022 Net cash provided by operating activities $2,282 $2,036 $1,988 Capital expenditures, net(1) (549) (581) (436) Free cash flow $1,733 $1,455 $1,552 Net income 1,273 955 1,107 Adjusted EBITDA 3,181 2,844 2,599 Adjusted EBITDA cash conversion ratio 0.54 0.51 0.60 (1) Capital expenditures, net includes purchases of property, plant and equipment, proceeds from property and casualty insurance income, proceeds from land expropriation and proceeds from disposals of long-lived assets. View source version on Contacts Media Relations: media@ Investor Relations: investors@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
