Should You Buy Rivian While It's Below $12?
Rivian (NASDAQ: RIVN) stock can't catch a break. Last month, I explored whether investors should buy the stock after its value fell below $13 per share. Following another decline, Rivian shares are now priced below $12 -- just pennies above the $11 mark.
Now trading at its cheapest valuation in years, is now finally the time to buy this growth stock? The answer for many investors is yes -- but there's a catch.
It's not hard to do the math and come to the conclusion that Rivian shares have a ton of upside potential. Its $11 billion market cap alone begs for attention.
Source Fool.com
