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Image source: Rivian. Rivian's share price has fallen 34% over the past year. With such a large decline, you can get shares at a significant discount right now.
Image source: Rivian Automotive. 4. You can buy Rivian at a relative discount right now. Rivian went public when the buzz around EV stocks was pretty high, but many stocks have since come back ...
The final reason to love Rivian right now is that shares are historically very cheap. The stock trades at just 2.4 times sales -- a steep discount to Tesla's current valuation.
One of those stocks was the Chinese EV maker Nio (NYSE: NIO), which saw its stock soar tenfold from its IPO price of $6.26 in 2018 to a record high of $62.84 on Feb. 9, 2021. But today, Nio's ...
And ChargePoint is one to buy or hold, right now, in the eyes of investors. MarketBeat analysts give it a “moderate buy” rating, with 10 analysts saying buy and another 4 saying hold.
Here's why I think Rivian could be a good place to invest $1,000 right now. It's getting closer to profitability EV start-ups burn through piles of cash and sometimes wind up with little to show ...
Many electric vehicle (EV) stocks soared to all-time highs in 2021. That rally was largely driven by low interest rates, the growth of commission-free trading platforms, social media buzz, and a ...
Summing up their investment thesis, the bank’s analysts said the company is a trailblazer in EVs and could be successful as demand increases over time, while its self-funding status and access ...
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