Personal Finance

Nio Stock vs. Lucid Stock

Fool.com contributor Parkev Tatevosian compares Nio (NYSE: NIO) and Lucid (NASDAQ: LCID) to determine which is the better EV stock to buy for 2024.

*Stock prices used were the afternoon prices of Dec. 26, 2023. The video was published on Dec. 28, 2023.

Should you invest $1,000 in Nio right now?

Before you buy stock in Nio, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nio wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

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*Stock Advisor returns as of December 18, 2023

 

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nio. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Best EV Stock 2024: Nio Stock vs. Lucid Stock was originally published by The Motley Fool

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