HomeLifestyleVehiclesNIO Earnings, FDX Going Electric, & Pot Stocks: TLRY, ACB, CGC
NIO Earnings, FDX Going Electric, & Pot Stocks: TLRY, ACB, CGC

Nio Inc. (NIO) fourth quarter earnings report indicated -$0.21 in EPS versus the -$0.16 estimate. As a result, the NIO stock price is trading lower today. The company revealed that deliveries of ES8, ES6, and EC6 amounted to over 25K vehicles for the quarter. How does NIO compare to other E.V. stocks like Tesla (TSLA), Rivian (RIVN), and Lucid Group (LCID)? Next, Jeff Pierce weighs in on FedEx (FDX) to test electric carts for last-mile delivery in New York City and Toronto. Also, cannabis stocks are on the rise on renewed legalization efforts as the U.S. House of Representatives will vote on a marijuana decriminalization bill next week. Cannabis stocks include Tilray (TLRY), Aurora Cannabis (ACB), and Canopy Growth (CGC). Additionally, Pierce discusses RBC capital raising Palo Alto Networks (PANW) price target to $710 from $670, and Citigroup lowering Roku Inc. (ROKU) price target to $225 from $250.

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