 They are coming. What's up? My name is Giggs Mr. V here. Welcome to another video guys. So in today's video, I want us to take a look again at NEO. Remember last, I think two weeks ago, we actually did a video here on the channel where NEO got this really good bullish rating from analysts over at JP Morgan. And so they actually set a price tag of $40. So we did a video cover that here and NEO has not stopped. Again, today some good news came out. They have actually set another critical milestone, which is incredible. So we're going to take a look at that, read the news and see what, no, this is really all about. But before we get started guys, if you're new to the channel, we'll talk about how to earn money, how to save money, how to invest and build wealth. So if that's something that interests you, go ahead and hit that subscribe button and any notification bell so you don't miss out on new content. Also, if you're looking to get started with investing, Weibo currently has updated a promotion where if you sign up and deposit $100, you get three free stock, not one, not two, three. I think this is going to go through the end of October. So definitely we'll check them out. So, yeah, NEO, again, I'm bullish on NEO because I see what they're doing. I look at the underlying business model. I look at the product. I think this is a great company. But there's some people that are skeptical. But now I'm starting to see more and more Wall Street banks like really giving a bullish, you know, thumbs up to NEO, which to me, that's good. If you are a NEO investor, and if you haven't already, if you're not even invested in NEO, then this might not really apply to you. But if you have NEO to me, this is a buy and hold. I'm not selling any bit of my NEO stock. So let's jump right in, kind of take a look at what this new milestone is and how I think this is going to change NEO and the direction that they're going. And mind you, this is really, really tough times for businesses across the globe. We, you know, we have the pandemic going on. We have shutdowns in like lockdowns. But yet it's just a company that is thriving through this. So I just bet to ask the question, like, what if things are going normal? What if the economies were booming as expected? Again, you have China and the U.S. with trade wars going back and forth. What if things set it down and we go back to doing business as was supposed to or we used to? I think NEO is up to a good run. And I've actually seen somebody predicted that they seem to start to go all the way to three hundred dollars. I'm not going to put that past them because look at Tesla. When it started, nobody saw Tesla going all the way to as far as twenty five hundred dollars before the split. So I'm not going to put that past NEO. Three hundred dollars might not be a stretch in this case. So let's jump right in, read the news and then we'll go from there. So again, this is I'm just reading this from investors.com. This is the huge news. So NEO hit a big milestone as Wall Street sees strong EV leader in the making. Again, this is Wall Street. So these guys are they don't go out and endorse or talk about a company like this if they haven't done the homework. So again, like I said, two weeks ago, it was JP Morgan. And then now it's Morgan Stanley. Now they're being bullish on the stock. And here is the critical news that I really want to share with you guys. And that's the main reason why I'm doing this video. So NEO, five thousand electric vehicle of the month of the production line. So here's the thing. This is not five thousand vehicles in the lifetime of the company. Five thousand electric vehicle of the month. So for the month of October, they have actually rolled out five thousand vehicles. This is I mean, like this is unbelievable. If you I mean, if you know the space, you know how these companies are just getting their feet wet and NEO is saying to do this kind of numbers. Five thousand a month. I mean, if you start averaging that across a whole year, man, this company is going to be, yeah, they're going to be something else. And this is the reason why, again, I'm going to go back to why I am so bullish on this particular company. The fact that they are thriving during these really tough times during the pandemic. People are locked inside. People are not going about their business as normal. People have lost their jobs. There's a lot of things. There's a trade war between the US and China. There's a lot of things that are going on. But yet this company just keep pounding it and killing it to me. That is awesome. So again, the fact that they're rolling a five thousand units per month, that is huge, guys. And if you're not invested in this stock, I'll say, go take a look. Read about them and see maybe this could be one of the easy stocks. If you're not, if you don't have Tesla, it might be the next the next guy in line that you can actually go after. Because remember, the stock ran from like three dollars and 50 cents. And now it's trading at let's let's pull up Yahoo Finance here. So it's now trading at thirty one dollars and seventy seven cents. And two weeks ago when we when we talked about this stock here on the channel, where I said analysts at JP Morgan had actually, you know, projected that the price is going to hit about forty dollars. It was trading at twenty eight dollars at that point. So between two weeks ago, this thing is up three dollars already. And it keeps moving up, which to me, that is awesome. So let's go back here again. Again, guys, they're talking about in China where there's huge competition. It's not like Neil is the only EV manufacturer in China. There's other companies that are actually they're doing well. So we're talking companies like Lee Otto. If you don't know them, we check them out. I did a video here about them. We talked about Zepeng models. I mean, these are the companies in China that are, you know, they're solid in their own their own way. But now they are looking more and more at Tesla and looking at Neil as whole. This might be the Tesla of China. Tesla has, you know, a presence in China. I think the model why it's manufactured. They have a manufacturing plant in China. But Neil Boy, they have stuff in here. This is another good thing that I actually read about, too. So they have the Neil EC6 electric coupe SUV. So this one is going to be coming out pretty soon. This is an SUV and you talk about potential rival to the model Y of a Tesla. So I think Neil is positioning himself for some really, really, you know, good growth in the future. So I'm super excited. I still own the stock. I mean, if I have the chance, I'm going to keep adding to my position gradually. Like I told you guys here, I added when you get in, we got to $9 added at 11, added at 14, added at 20 some 21. I think I even bought a bit at 27. And now, I mean, once I get extra cash, I'm going to pump it in there and just keep building it as we go. So this is, yeah, this is definitely good news. Again, look at where the stock is trading today, which to me, if you if you were day trading it, you probably would have made an easy if you mean that's what $3 or $4 a share today, which is good. But for long term investors, it's buy and hold and watch it go. So as you can see, guys, Neil has actually positioned itself to be a power player in China. I mean, they're talking about competing with the likes of Tesla in China in the Chinese market. Again, I keep going back there. It's a huge market over a billion people. The economy is doing well. I mean, not right now because of the COVID. But when you look at the numbers, that new is doing 5,000 cars in the month of, you know, living their production line. That is unbelievable. And that simply tells us, OK, if things go back to normal, people get their jobs back, the economy gets back to normal. So rolling that number could easily double. They could be rolling out 10,000 cars a month, which is for I mean, for an EV car, that is good news. And they have a huge backlog of orders that people are waiting to get some of the cars. So that is what I'm seeing. That is why I'm loving this stock right now. Let me know in the comments section. What do you see your price target for New York in the next year? Let me know in the comments section. Again, if you're new to the channel, we talk about how to earn money, how to save money, how to invest and build wealth. So if that's something that interests you, go ahead and hit that subscribe button and the notification bell so you don't miss out on new content. And also, if you're looking to get started with investing, guys, Weibo right now is doing a promotion where if you sign up, deposit $100, they give you not one, not two, three free stock. The value is somewhere between $8 and $1,600. So definitely take advantage of these links in the description below. And as always, guys, don't be a greedy savage and stay motivated.