5 Best Emerging Markets Stocks to Buy According to Analysts

In this article, we will take a look at the 5 best emerging markets stocks to buy according to analysts. To read our analysis of the recent trends and market activity, you can go to the 12 Best Emerging Markets Stocks to Buy According to Analysts.

5. NIO Inc. (NYSE:NIO)

Average Analyst Price Target as of February  27: $9.86

Upside Potential as of February 27: 70.59%

Number of Hedge Fund Holders: 20

NIO Inc. (NYSE:NIO), based in Shanghai, China, is a leading company in the premium smart electric vehicle market. Founded in 2014, the company designs, develops, jointly manufactures, and sells premium smart electric vehicles with advanced capabilities in autonomous driving, digital technologies, electric powertrains, and batteries.

On December 18, NIO Inc. (NYSE:NIO) announced that it has entered into a share subscription agreement with CYVN Holdings, a specialist investment vehicle based in Abu Dhabi. CYVN will invest $2.2 billion in cash to acquire 294 million newly issued Class A shares of the company.

Combined with the $738 million strategic equity investment in July 2023 and the acquisition of an additional $350 million worth of its shares from Tencent Holdings Ltd., CYVN will own nearly 20.1% stake in NIO Inc. (NYSE:NIO) after the closing of the transactions.