NIO Stock – 3 Stocks That Might Make You Wealthy

As you’ve got most likely came upon the exhausting method, there is a distinction between getting wealthy and getting wealthy fast. Anyone promising you riches which are each speedy and assured might be stuffed with baloney. Investing in high stocks over the long run, however, can certainly make you very, very wealthy.

Three stocks that seem like good candidates to make their buyers rich embody Clear Vitality Fuels (NASDAQ:CLNE), NIO (NYSE:NIO), and Intuitive Surgical (NASDAQ:ISRG). This is why they seem like good buys now.

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A beaten-down renewable

After information networks referred to as the election in President-elect Joe Biden‘s favor, shares of many renewable power stocks soared. That included shares of pure fuel gas specialist Clear Vitality Fuels. The corporate’s main enterprise is promoting pure fuel gas to vehicles which have been specifically outfitted to run on pure fuel. As a result of pure fuel is cheaper and cleaner-burning than oil, many firms have opted to transform their truck fleets from diesel to pure fuel, which might get monetary savings and cut back emissions.

You would possibly level out that though pure fuel may be cleaner than oil, it is nonetheless a fossil gas. That is true, however Clear Vitality continues to be a renewable stock by advantage of its hottest product: Redeem, a biofuel that is made out of renewable pure fuel. To make Redeem, Clear Vitality collects methane — a potent greenhouse fuel — from sources like farms, dairies, and landfills and processes it into usable gas. When the methane is burned, it is changed into carbon dioxide, a a lot much less potent greenhouse fuel. So, utilizing Redeem really helps mitigate greenhouse fuel emissions.

Redeem has supercharged Clear Vitality’s operations. In line with CEO Andrew Littlefair on the newest third-quarter earnings name, Redeem has grown to greater than 60% of Clear Vitality’s total gas combine. Littlefair has set a objective of transitioning the corporate’s fueling infrastructure completely to Redeem by 2025.

Clear Vitality’s stock has risen greater than 90% to date this yr, however its present share price of about $4.50/share is nowhere close to its all-time excessive of about $24/share. Its present price-to-book ratio of about 1.6 is greater than it was in all of 2019, however close to the low finish of the corporate’s historic vary of 0.4-5.2.

Even when electrical automobile possession surges, methane emissions from farms, dairies, and landfills will nonetheless be an issue. Clear Vitality appears poised to offer the answer… and make buyers wealthy within the course of.

A wager on Chinese language vehicles

The Chinese language auto market — the biggest on the planet — has been a significant income for loads of U.S. automobile firms. That features Tesla ((NASDAQ:(TSLA))), which is the most important participant within the nation’s electrical automobile (EV) market, because of its Shanghai Gigafactory. Nonetheless, numerous Chinese language electrical automobile start-ups are poised to problem Tesla for a slice of that market, together with NIO. 

In comparison with Tesla — at present the biggest automaker on the planet by market cap — NIO is small potatoes. The corporate simply achieved the milestone of manufacturing 5,000 vehicles in a single month in October. In the meantime, Tesla is delivering greater than 48,000 automobiles per 30 days worldwide. Nonetheless, in terms of China’s EV market — which is predicted to be worth greater than $800 billion by 2027 — NIO may have some large benefits.

NIO has centered on full-size electrical SUVs, an underserved market area of interest, however lately rolled out its EC6 “coupe SUV” (what we might name a crossover). The EC6 is less expensive than Tesla‘s comparable Model Y, and because of its decrease value, is eligible for Chinese language authorities subsidies that Model Y patrons cannot make the most of.

There is definitely no assure that NIO might be a long-term success. However as the corporate grows, it is affordable to imagine that the Chinese language authorities may tilt the taking part in area in favor of it and different home producers. If NIO involves dominate the Chinese language electrical automobile market, an funding now will appear prescient certainly.

A short lived disruption

Robotic-assisted surgical procedure may sound like one thing out of a sci-fi film, however the expertise is already right here and already being utilized in hospitals world wide. The undisputed chief within the sector is Intuitive Surgical. The corporate’s da Vinci system primarily performs minimally invasive elective surgical procedures, largely within the fields of urology and gynecology. Guided by a human surgeon, the machine permits for extra exact and fewer invasive surgical procedures, resulting in quicker restoration instances and higher affected person outcomes. 

The coronavirus pandemic has been problematic for Intuitive. Within the spring, as hospitals started to replenish with COVID-19 sufferers, many elective surgical procedures have been deferred by hospitals or sufferers. Now, with circumstances once more on the rise, deferrals are anticipated to skyrocket as soon as extra. And since Intuitive makes greater than 70% of its cash from recurring income like disposable devices, equipment, and repair contracts for its present machines, a scarcity of elective surgical procedures hurts its backside line. 

The excellent news for Intuitive — and for all of us — is that the fast improvement of coronavirus vaccines appears on observe to deliver the pandemic to a conclusion someday subsequent yr. At that time, robotic-assisted surgical procedures ought to resume their prior development trajectory. Within the meantime, Intuitive’s shares appear attractively priced for a key participant in a fast-growing trade.

Get wealthy quickish

Whereas Clear Vitality Fuels, NIO, and Intuitive Surgical may make you wealthy, it is going to most likely take time. The industries during which they function — renewable fuels, electrical automobiles, and robotic-assisted surgical procedure — will take a while to mature, and as with many creating industries, there is no assure {that a} rival will not steal their thunder. 

Nonetheless, for those who’re an investor hoping to get wealthy and you do not thoughts a little bit of threat in your portfolio, these three stocks are all worth a glance.