[WeeklyTop5Stocks] EV Market Keep Rising Againest Bear Raids

Good Monday mooers! Welcome back to our weekly series, the WeeklyTop5Stocks, where we review the news and performance of the most popular stocks on Moomoo platform last week.

It's Thanksgiving week, what are you thankful for? We have launched the topic Thanksgiving: For good things happened on moomoo.
Although it was a tough 2020, we are still more than grateful to all mooers who keep supporting us and building the moo family! To show our appreciation, gratitude and passion, precious gifts including 40 free stocks & unlimited task points will be giveaway! We wish to listen to your voice!

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Last week, the $S&P 500 Index (.SPX.US)$ and $NASDAQ (NASDAQ.US)$ both posted an inside week. Where will stocks go next? Nobody knows.
Here is the moomoo top 5 stock list for last week:

#1 $NIO Inc (NIO.US)$

The enthusiastic mooers once again carried $NIO to the chief seat of the Weekly Top5 column. Those who have missed Tesla do not want to miss NIO again. After the release of the latest financial report, large investment banks seem to have joined the ranks of NIO fans and expressed their optimism about the development of NIO. On Friday, NIO closed at $49.25, a rise of 10.53%.

#2 $Tesla (TSLA.US)$

TSLA has probably reserved a fixed seat in this column, and it has not been absent in the past few months. Recently the news of Tesla and S&P's engagement has brought a lot of confidence to investors. It also left short-sellers nothing but insomnia and tears. Tesla closed at $489.61 last week, surged 19.86%.

Mooers Comment:
@Charles I bet Tesla will back to $500 by the end of 2020

#3 $XPeng (XPEV.US)$

As an emerging power of the EV market, XPEV does not appear much in our column. NIO seems to attract most of the market attention. But XPEV’s development cannot be ignored either. It remains to be seen whether, XPEV, NIO, and LI, which are all rooted in the Chinese market, will be in the siege of Tesla together or trapped in an endless civil war. XPEV closed at 53.89 last week, rose 28.34%.

#4 $Futu Holdings Ltd (FUTU.US)$

We are honored to be able to introduce our own share in the column and thank all mooers for your continued support. Although it seems embarrassed to self-praise, to provide the timely and necessary information, we will reluctantly do it. Futu announced its latest financial report last week, which exceeded market expectations. The stock price has risen by more than 10% for three consecutive weeks. Last week it closed at $48.55, surged 15.43%.

#5 $Cenntro Electric (NAKD.US)$

NAKD is a new visitor to our column. Mooers focus sent it to the Top 5 list. NAKD is a clothing company from New Zealand, whose stock price has fluctuated very sharply in the past few years. If you hold its stocks for a long time, you may find that your account funds have doubled several times one day, and when you suspect that you have been hacked the next day because the excess money disappeared and taken away a lot of other funds together. NAKD rose 133.2% last week to close at $0.169.

Mooers Comment:
@pennypincher I totally missed this one. had my hand burnt to many times with these companies on the brink of going under and being delisted. Congrats to the people living on the edge.

Thanks for your reading! Here are some free and powerful tools available on Moomoo for you to find out stock movement if you want to get more timely alerts.

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We wish you and your families have a wondeful Thanksgiving week. See you next week!

Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more

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Kenkkk : Definitely bullish!!!

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70114336 : Expert, concept hype

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16179592 : EV market is really popular this day, you can see people talk about it every day. But I am still uncertain about the trend in the future. Nobody can predict it

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70199612 : Short?

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Kittykiki : $NIO Inc (NIO.US)$ Seems like easy 100 soon

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70200773 : I'm bullish on the EV sector. $Tesla (TSLA.US)$ is leading the pack, with a very recent stock split, looking to get back up to it's ATH before talks of splitting again. What a glorious addition to the S&P-500!

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70143329 : will definitely jump TSLA ship if it does stock split again

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