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WeRide Stock Explodes as NVIDIA’s Investment Emerges

Key Points

  • Shares of WeRide Inc. soared over 80% on Friday after NVIDIA disclosed a 1.74 million share position.
  • NVIDIA has been an early-stage investor in WeRide since 2017.
  • While NVIDIA’s backing adds credibility, WeRide’s low revenue and volatility suggest potential risks for investors.
  • Interested in WeRide? Here are five stocks we like better.
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Should You Invest $1,000 in WeRide Right Now?

Before you consider WeRide, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WeRide wasn't on the list.

While WeRide currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ryan Hasson
About The Author

Ryan Hasson

Contributing Author

Technical Analysis, Momentum Trading, Risk Management

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
NVIDIA (NVDA)
4.9182 of 5 stars
$112.14+1.3%0.04%44.13Moderate Buy$168.26
WeRide (WRD)N/A$9.42-6.1%N/AN/AN/AN/A
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