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Jim Cramer Says Young People Love Stocks Like Nio

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Jim Cramer Says Young People Love Stocks Like Nio

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

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

 

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