New stock market investors are making a big gamble in the coming months.
But how to invest in a stock that may turn out to be an opportunity?
A stock that will likely be a bubble.
NIO, the Indian mobile phone operator, has recently announced that it will be launching a smartphone called the NIO-7.
NIO shares are on track to go up over 30 per cent on Friday, after the company announced the launch of the Nio 7, the first smartphone with an octa-core CPU and quad-core GPU.
The Nio-7 will cost Rs. 5,000, which is a steep increase from the previous Nio phone, which retailed for Rs. 3,500.
The launch comes as the market is witnessing a sharp rise in the smartphone market.
Read: How to invest for the best stock for you?