Tag: buy diamond

Is NIO Stock (NYSE:NIO) a Diamond in the Rough? Probably Not

Posted on By Syifa

Fewer companies have endured a sharper decline in their share prices since the pandemic than NIO (NYSE:NIO). The electric vehicle (EV) manufacturer has failed to deliver on great promises, and it’s arguable that its proprietary battery-swapping technology is no longer as useful as it once was, given the advances in charging technology. I’m no longer bullish on NIO stock, although I wouldn’t be surprised to see near-term volatility as investors digest production data and news.

Not Delivering on Promises

Around two years ago, I argued that NIO, considering its growth trajectory and valuation metrics, was among the best buys in the sector. The firm had been on something of a Tesla-esque (NASDAQ:TSLA) growth cycle. However, it was underdelivered, partially due to supply chain constraints as China imposed prolonged COVID-19 restrictions, and it is continuing to do so.

In 2023, NIO delivered 160,038 vehicles, up 30.66% year-over-year. While that might sound like impressive growth, NIO delivered 91,429 vehicles in 2021, representing 109.1% year-over-year growth.

It’s clear that the pace of growth is slowing, while NIO’s peers are surging despite already being ahead in volume terms. Li Auto (NASDAQ:LI) reported that total deliveries in 2023 increased

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Diamond

Around the Diamond: Previewing UCF, news on Bedlam Baseball’s future | Big 12 Sports

Posted on By Syifa

Welcome to Week 5 of the college baseball season.

Oklahoma State (11-7, 0-1 Bg 12) is coming off a 14-5 bedlam win over Oklahoma in Norman on Tuesday evening. This weekend, OSU opened Big 12 play on the road at UCF Friday night, dropping the series opener 13-2.

Plus, more Bedlam Baseball news shortly after.

Finally, OSU’s pitching staff has surpassed its preseason expectations by a wide margin. What’s been the root of its early success?

All that and more in this week’s edition of Around the Diamond.

First: Previewing the opponent

Many questioned, including myself, how UCF would fare in its first season of Power Five baseball. New head coach. Fairly new-look roster. A new and more enhanced slate of competition. The laundry list of reasons goes on.

However, four weeks in, it’s safe to say coach Rich Wallace was a home run hire to lead his alma mater through uncharted waters.

UCF (10-4, 1-0 Big 12) began the season 9-1. Wins, including a three-game series sweep over a stout Samford squad, a series win at home over rival USF, midweek wins at No. 22 Miami, Florida Atlantic, No. 4 Florida and most recently at home against Stetson. Although

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Diamond