After opening Thursday on a soft note, electric vehicle stock Nio (NYSE: NIO) swiftly reversed course and jumped 2.7% by 12:25 p.m. ET after an analyst picked Nio as an attractive stock to buy as we enter the new year. Deutsche Bank analyst Edison Yu added Nio to the bank’s fresh money list as it sees the stock’s current price a “great entry point” for 2022, given the recent price drop in Nio’s shares. Specifically, Yu believes some of the biggest headwinds for Nio that have impacted investor sentiment can be reversed in the coming year.