1 No-Brainer EV Stock to Buy Right Now for Less Than $200
Owning Rivian (NASDAQ: RIVN) stock is not for the faint of heart, even after a recent $5 billion cash infusion from (OTC: VWAGY). But if you are a more aggressive investor, that cash lifeline could be exactly what Rivian needs to create a profitable business.
The future for this stock looks far brighter now than it did before the Volkswagen agreement -- and it still trades for well below $200 a share, even after a big stock rally. Here's why this electric vehicle (EV) stock might be a great buy right now if you have $200 available to invest.
It is important to give Rivian the credit it deserves, despite the fact that the business continues to bleed red ink. Losses in startups aren't shocking at all, given the magnitude of trying to build an electric carmaker from the ground up. That said, Rivian makes highly desirable EV trucks. They have won multiple industry awards, which suggests that Rivian's products are good.
Source Fool.com
Volkswagen AG ST Aktie
Leichtes Buy-Überwiegen bei Volkswagen AG ST im Vergleich zu Sell-Einschätzungen.
Bei einem Kursziel von 140 € ergibt sich ein positives Potenzial von 32.58% für Volkswagen AG ST im Vergleich zum aktuellen Kurs von 105.6 €.
