Opinion: Jim Cramer x NIO: a bipolar relationship since early days

by C. Afonso | 5 min read

CNBC “Mad Money” host Jim Cramer has been under pressure of the investors after many recently controversial Ratings. Among the most famous examples, you might have heard of DIDI‘s (“Buy as many shares as you can”) before a huge drop from $18 last June to a new all-time-low reached todayof $4.73 – a 73.4% loss in 6 months.


You’ve got my blessings to bet on DIDI. I would try to get as many shares as you can

Jim Cramer – Mad Money (June 26th, 2021 – $DIDI Price was at $18)


In July 2019 – when NIO‘s stock price was at $3.69 – Jim Cramer said on CNBC to sell NIO. In January 2021, when the Chinese EV was being traded at all-time-high levels ($66) Jim mentioned the EV maker as “the next TESLA” claiming a Buy Rating. And finally, Jim said to sell NIO last December 2021 at $32. Seems confusing, no?

July 9th, 2019

$NIO at $3.69

The thing is so beaten up, anything can bounce. But I have to tell you, I mean, Chinese auto in a market where BASF tells me that Chinese autos is doing badly … you’ve got to run.

Jim Cramer – Mad Money (July 9th, 2019 – $NIO Price was at $3.69)

January, 2021

$NIO at $66

Oh yes! Luxury Sedan, good battery, fabulous market china, Autonomous Driving (…)

Jim Cramer reacting to his note “NIO is the next TESLA”- The Street (January, 2021 – $NIO Price was at $66)

Since then, two and a half years passed and NIO delivered +150,000 electric vehicles (Europe included) and its Stock Price rose from $3.69 to $66.99 in January 2021 -representing a rise of 1,715% in one and a half years. If compared with today’s price, the rise was 713% in two and half years.

December, 2021

$NIO at $33.66

NIO is too risky, I would get out of it soon!

Jim Cramer – Mad Money (Dec. 13, 2021)

Last month, Jim gave NIO with a Sell rating at $33.66 – while the stock was being traded close to its 52-Week-Low and a couple months before the company enters four new European Markets (Germany, the Netherlands, Sweden and Denmark) and start the deliveries of the two new Sedan Models with 1,000km range: ET7 and ET5, this last one announced during the last NIO Day.

On January 2th, Morgan Stanley Reiterated Overweight Rating on NIO and $66 Price Target. The EV company has many other between $60 and $87 for the next 12-months. Bank of America ($65), Morgan Stanley ($66), Deutsche bank and JP Morgan ($70), Credit Suisse ($83), and CitiGroup ($87) are some of the Bullish Ratings NIO received recently.

Yesterday, Mizuho Securities analyst Vijay Rakesh maintained a Buy rating on NIO and set a price target of $65.00.

Written by C. Afonso (@Afonso_investor) , January 6th 2022