Better Bear Market Buy: Lucid vs. Rivian Stock
The last year of trading has generally been brutal for electric-vehicle (EV) stocks, and smaller players in the space have been particularly hard hit. From a valuation standpoint, Lucid Group (NASDAQ: LCID) and Rivian Automotive (NASDAQ: RIVN) have been among the industry's biggest losers over the last 12 months, with each stock plummeting more than 80% across the stretch.
But while the share prices for companies in the space have plummeted, it's unlikely that the long-term outlook for the EV revolution has been derailed. Which of these two EV players will prove to be the better buy-and-hold stock? Here's why two Motley Fool contributors come down on opposing sides of the debate.
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Source Fool.com
