38,784 Reasons I'm Avoiding Rivian Stock Like The Plague
The sustainable-energy industry presents many interesting opportunities for investors. One of the more popular choices among green-energy investors is in electric vehicles (EVs). While I'm sure you're familiar with , other players, such as Rivian (NASDAQ: RIVN), are beginning to emerge onto the scene.
Right now, Rivian stock trades for just $10 per share -- narrowly above its 52-week low. While this might tempt some investors to think that now is an opportunity to buy the dip, I see Rivian's depressed price action as warranted.
Below, I'll break down what's going wrong at Rivian and why this is a stock to avoid like the plague.
Source Fool.com
Tesla Inc Stock
€202.35
-0.520%
Our community is currently high on Tesla Inc with 73 Buy predictions and 29 Sell predictions.
With a target price of 245 € there is a positive potential of 21.08% for Tesla Inc compared to the current price of 202.35 €.
