New Year Stocks: Nio, Devon

This is a news story, published by Yahoo Finance, that relates primarily to Nio (Nio news.

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EV stock

The Motley Fool

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2 Stocks Down 52% and 28% to Buy Right Now

Summary

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74% Informative

Two Fool.com contributors think that Nio (Nio ) and Devon Energy ( DVN ) are especially compelling right now.

Nio plunged about 52% in 2024 , in contrast to the 24% rise they enjoyed in 2023 .

But that doesn't mean investors should forsake the EV company, as the stock could very well drive higher.

If you invested $ 1,000 when we doubled down in 2009 , you’d have $ 374,613 ! - Nvidia.

- Apple.

- Netflix. - Netflix: if you invested in 2004 , you'd have $ 475,143 ! Right now, we’re issuing “ Double Down ” alerts for three incredible companies.

There may not be another chance like this anytime soon.

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