Jim Cramer Says Young People Love Stocks Like Nio

Jim Cramer on CNBC's "Squawk On The Box" discussed the fanbase of Nio Inc. NIO.

Cramer said younger people love Nio and love individual stocks or "obvious'" plays like Tesla, Inc. TSLA.

Nio has rallied approximately 1167.5% since the beginning of 2020. The stock was trading up 4% at $47.41 on Tuesday at the time of publication.

The company is set to report third-quarter earnings results after the market closes today.