Better Buy Now: Rivian vs. Ford
The broader market sell-off is rippling through up-and-coming and established businesses alike. Electric vehicle (EV) newcomer Rivian Automotive (NASDAQ: RIVN) has seen its stock price fall over 70% from its all-time high, while legacy automaker Ford (NYSE: F) is down 33% from an all-time high set less than two months ago.
The current stock market has shifted away from growth stocks and toward value stocks, but that doesn't mean you should buy or sell a stock just because it is or isn't working right now. Let's break down why Rivian and Ford could both be good long-term buys.
Image source: Ford Motor Company.
Source Fool.com
