11 Best Performing NASDAQ Stocks So Far in 2025

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3. Niu Technologies (NASDAQ:NIU)

Number of Hedge Fund Holders: 5

Average Upside Potential as of March 31: 158.1%

Niu Technologies (NASDAQ:NIU) designs, manufactures, and sells electric scooters internationally. It offers a series of smart electric scooters, motorcycles, mopeds, and bicycles. It also provides accessories and spare parts like scooter accessories, raincoats, gloves, and knee pads. It also operates the NIU app which provides services like online repair requests and historical riding data.

The company’s China market sales are a significant contributor to its overall growth. In Q4 2024, China’s sales volume rose by 65% year-over-year to reach 182,000 units. This was 80% of the company’s total sales volume for Q4. This growth comes from a focused product portfolio with an emphasis on technological innovation. The Chinese market targets premium consumers and Gen Z riders.

The company expanded its retail footprint in China in 2024 by opening ~900 new stores, with 50% of these located in Tier 3 cities. It anticipates opening another 1,000 to 1,500 stores in 2025.  The company is refining its signature product lineup. These are the N, M, U, and F series. These represent different lines of electric two-wheelers which are offered by Niu Technologies (NASDAQ:NIU). The N series accounted for 39% of China’s total sales volume in 2024.

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