Exness, the brokerage firm, highlights two stocks for the week:
96
Min. deposit
10$
Min. Spread
0.3
Bonus
Max. leverage
1:Unlimited
Used by
360000+
Trading platforms
Own Platform
Web Platform
MetaTrader 5
MetaTrader 4
Deposit methods
Bitcoin, Perfect Money, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
FCA
FSCA of South Africa
FSA Seychelles
FSC Mauritius
CySEC
FSC of BVI
96
Min. deposit
10$
Max. leverage
1:Unlimited
Bonus
Used by
360000+
Min. Spread
0.3
Trading platforms
Own Platform
Web Platform
MetaTrader 5
MetaTrader 4
Deposit methods
Bitcoin, Perfect Money, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
FCA
FSCA of South Africa
FSA Seychelles
FSC Mauritius
CySEC
FSC of BVI
NIO Limited (NIO):
- NIO’s share price closed nearly unchanged after a volatile quarter.
- The earnings report for December 2023 is due on Tuesday, March 5, with an expected EPS of $-0.51.
- The company has remained unprofitable since its inception, deterring investor trust.
- Negative net income increased by almost 10%, with a more than 50% rise in costs.
- JPMorgan downgraded NIO to “underweight” with a $5 per share target, signaling a bearish outlook.
- Technical analysis indicates a continuing downward trend, with support around $5.
JD.com, Inc. (JD):
- JD’s shares closed the last quarter neutral after volatility.
- Earnings report for December 2023 due Wednesday, March 6, with expected EPS of $0.56.
- The company has seen 5 consecutive months of increased net income.
- The current ratio is above 130%, showing financial stability.
- Dividend yield over 2.50%, attracting long-term investors.
- Technical analysis suggests resistance near $24.50, with caution due to overbought Stochastic levels and bearish trend indicators.
Remember, this is not investment advice. Past performance is not indicative of future results. Trade responsibly.