If You Like Rivian, You'll Love These 2 Stocks
Electric vehicle maker Rivian Automotive has been one of the most popular IPOs this fall. With Rivian sitting at a valuation of nearly $100 billion, investors are paying a lot for potential; the company hasn't even reported any revenue. Although it is in an attractive sector that has significant growth opportunities, the stock is risky given the business hasn't even proven itself yet.
For investors who see an opportunity in Rivian, there are two other meme stocks to consider that could generate better returns over the long run without the same level of risk: Sundial Growers (NASDAQ: SNDL) and BlackBerry Limited (NYSE: BB).
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Source Fool.com
