Nkla Stock A Good Buy
The maker of zero emission semi trailers is more than just a truck company cowen analyst jeffrey osborne said touting its future revenue stream half of which is expected to come from.
Nkla stock a good buy. Should i buy nikola corporation nkla. I cannot make up my mind for several reasons. And has now fallen 3 days in a row during the day the stock fluctuated 16 01 from a day low at 27 11 to. There is not much information available about this company.
3 pros and cons to consider nikola stock shows promise but it s still a risky investment. It surged earlier this week when the company revealed it signed a deal with gm but then it saw another major decline after a short seller accused the company of deception. Should you buy nikola corporation nasdaq. The nikola corporation stock price fell by 7 64 on the last day friday 27th nov 2020 from 30 24 to 27 93.
Is nikola stock a good investment. That means you want to buy stocks with a zacks rank. Nkla stock downfall what began as profit taking in june turned quickly into a bearish correction as investors collectively reassessed nikola s success in manufacturing fanciful hype rather than. High volatility in nikola corporation stock price on friday which ended trading at 27 93 updated on november 27 2020 buy or hold candidate since 2020 11 16 gain 27 53 pdf.
I also think the odds are pretty good that nikola will develop and sell battery electric and hydrogen electric trucks. Nkla is one of the. So it s a good idea to compare a stock s debt to equity ratio to its industry to see how it. Currently nikola makes up about 0 38 of my portfolio.
First i am surprised at the way the ipo went without much discussion in the finance media or any publicity given by the company itself. There is not enough information from analysts to make recommendations about the stock yet. Nkla has had an extremely volatile week for its stock price. Top stocks to buy in 2020.