Nio Stock Is Shaping Up to Be Today’s Best Electric Vehicle Play

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Nio (NYSE:NIO) has raced into pole position ahead of the market. With bullish company news, solid price action and a broader market correction in the rearview mirror, Nio investors should be ready to ride a favorable risk-adjusted trend to big-time profits.

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Let me explain.

Bearish seasonality lived up to its reputation in September. The leading tech-heavy Nasdaq Composite to dive 13%. Fear was the co-pilot to this u-turn, as the VIX exploded to a historically extreme reading of 38% at its worst. It’s the type of environment that takes down the best of them. And it did too.

Apple (NASDAQ:AAPL). Costco (NASDAQ:COST). Tesla (NASDAQ:TSLA). Amazon (NASDAQ:AMZN). Market influencers and growth companies alike were hit and most often, endured even larger selloffs. Of course, that’s not

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A British Bicycle and Auto-Parts Retailer Steps Up Its Services. That Should Drive the Stock.

Halfords store and mobile expert van


Courtesy of Halfords

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Britain’s leading bicycle retailer
Halfords Group
has seen its shares backpedal 22% in the past 12 months, hurt recently by poor sales from its higher-margin auto repair and accessories business.

The retailer owns 371 Halfords Autocentres, but locked-down customers have been using their vehicles less, requiring fewer services and parts. However, Halfords (ticker: HFD.UK) can’t blame coronavirus for all of its woes. The shares have fallen 72% over five years after a series of profit warnings and a string of chief executive officers.

Like many retailers, Halfords has expensive rent for its more than 440 stores at a time when consumers are shifting to online purchases. But CEO Graham Stapleton instituted a strategy two years ago that focuses on services in which Halfords provides engineers to fit the parts it sells onto customers’ bikes and vehicles.

As shoppers slowly

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AutoWeb, Inc. (AUTO) Stock Price, Quote, History & News

GlobeNewswire

TAMPA, Fla., July 22, 2020 (GLOBE NEWSWIRE) — AutoWeb, Inc. (Nasdaq: AUTO), a robust digital marketing platform providing advertising solutions for automotive dealers and OEMs, will hold a conference call on Wednesday, August 5, 2020 at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2020. The company will report its financial results in a press release prior to the conference call. AutoWeb President & CEO Jared Rowe and CFO J.P. Hannan will host the conference call, followed by a question-and-answer session.Date: Wednesday, August 5, 2020 Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time) Toll-free dial-in number: 1-877-852-2929 International dial-in number: 1-404-991-3925 Conference ID: 8050647The conference call will also be broadcast live at www.autoweb.com (click on “Investors” and then click on “Events & Presentations”). Please visit the website at least 15 minutes prior to the start of the call to register

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Stock Sectors: Transportation

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and/or its

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