NIO 1/22 Run

If we can break the 61.5 barrier in the next few trading sessions and hold, I believe that we can see this hitting the 62's easily in the short term.

NIO Analyst PT Update

With my largest holding in the EV Sector being NIO, below are the latest PT's set.

Deutsche Bank: $70, Maintains Buy Rating

Daiwa Securities: $100, Maintains Buy Rating

JP Morgan: $75, Keeps Overweight Rating

Bank of America: $70.00, Maintains Buy Rating

CICC: $85.00, Maintains Outperform Rating

Credit Suisse: $71, Maintains Outperform Rating

Citi Bank: $68.30, Downgrade Neutral Rating

Jefferies, $60, Hold Rating

Nomura Instinet, $80.3, Buy Rating

I see this cult bouncing between $54 and $64 for the next two months until March Earning report. With a positive December 2020 report and their current progression I am giving this at March PT of $75 before it consolidates and maintains at the $70 mark.

Going Green

With the Biden/Harris administration coming into play in a couple of days, there have been many promises from the democratic party in regards to pushing for going green at an accelerated pace. While the fight against climate change is very real, this administration is poised to make great strides in their efforts to do its part. On his first day as president, Biden has already claimed that he will cancel the Keystone Pipeline via executive action.

Politics and jobs data aside, prior to the election I began adjusting my holdings in various solar and electric automobile companies, both domestic and foreign. At its current state, TSLA is running on fumes and retail investor hype, however there are a number of other companies that are worth looking into. My current Green Initiative stock holdings include:

- NIO

- FSR

- WKHS

- PLUG

- NEE

- TPIC

- RUN