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3 Reasons Rivian Could Be a Great Buy Now


Few stocks capture the market's imagination and ire quite like Rivian (NASDAQ: RIVN), the electric vehicle (EV) start-up that's only recently started generating revenue. Shares more than doubled from the IPO price of $78 per share but have now fallen sharply from their highs. 

Those who question Rivian's valuation seem to have control of the market today, and there are certainly a lot of questions facing this manufacturer. But there's also a lot to like, and there are three big reasons why I think Rivian may not be a bad buy today. 

RIVN Chart

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Source Fool.com

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