• Discounts and special offers
  • Subscriber-only articles and interviews
  • Breaking news and trending topics

Already a subscriber?

By signing up, you accept Moneywise's Terms of Use, Subscription Agreement, and Privacy Policy.

Not interested ?

Nio (NIO)

If you love volatility, you’ve probably heard of Chinese EV maker Nio.

Shares rose from $4.02 to $48.74 apiece in 2020, marking a staggering gain of over 1,100%. And thanks to the meme stock frenzy earlier last year, Nio continued to surge, reaching well above $60 in January 2021.

But parabolic runs don’t last forever. Nio has since pulled back significantly and now trades around $9.70 per share.

While Nio shares have been on a rollercoaster ride, its business continues to expand at a very impressive pace. The company had just reported that in October, it delivered 10,059 EVs, representing a 174% increase year over year.

Mizuho analyst Vijay Rakesh has a ‘buy’ rating on Nio and a price target of $40 — implying a potential upside of 312%.

Elevate Your Investments with Moby

Gain a competitive edge with Moby's expert investing insights. Our data-driven analysis and personalized recommendations empower you to make smarter investment decisions. Enhance your portfolio and stay ahead of market trends. Start your journey to financial success today at Moby.

Get Started

Green Thumb Industries (GTBIF)

Pot stocks had a huge bull run a few years ago. Now, many of them are in the doldrums, which could be an opportunity for those who want to bet on a bounce.

Check out Green Thumb Industries, a vertically integrated cannabis company headquartered in Chicago. It has 17 cultivation and manufacturing facilities, six consumer product brands, 77 open retail locations, and operations in 15 U.S. markets.

Green Thumb stock hasn’t been a hot commodity lately: shares are down more than 40% in 2022.

Business, however, is still on the rise.

Revenue totaled $254.3 million for the quarter that ended in June, up 14.6% year over year and 4.8% sequentially.

But the best part has been the bottom line. Green Thumb earned a profit of $24.4 million for the quarter, marking its eighth consecutive quarter of positive net income.

Canaccord analyst Matt Bottomley has a ‘buy’ rating on Green Thumb and a price target of C$35 on its Canada-listed shares. Since these shares trade at around C$16 right now, the price target represents a potential upside of 119%.


This 2 Minute Move Could Knock $500/Year off Your Car Insurance in 2024

Saving money on car insurance with BestMoney is a simple way to reduce your expenses. You’ll often get the same, or even better, insurance for less than what you’re paying right now.

There’s no reason not to at least try this free service. Check out BestMoney today, and take a turn in the right direction.

Jing Pan Investment Reporter

Jing is an investment reporter for MoneyWise. He is an avid advocate of investing for passive income. Despite the ups and downs he’s been through with the markets, Jing believes that you can generate a steadily increasing income stream by investing in high quality companies.


The content provided on Moneywise is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter.