Should You Buy Rivian While It's Below $20?
Over the past 12 months, Rivian (NASDAQ: RIVN) shares have been stuck under $20. That's a far cry from their all-time high of around $130. If you've been looking for a growth stock with significant upside potential, this could be your chance. However, there are two things in particular that you should know about before jumping in.
It's not hard to see how Rivian shares could have immense upside. Shares of the EV maker trade at just 3.2 times sales, while other EV makers trade between 10 and 14 times sales. There could be 200% to 300% in upside alone if its valuation were to reflect those already achieved by competitors like and Lucid Group.
What's holding Rivian back? Two things in particular.
Source Fool.com
Tesla Inc Aktie
293,05 €
-2,59 %
Aktuell gibt es mit 106 Buy-Einschätzungen und 39 Sell-Einschätzungen ein positives Sentiment für die Tesla Inc Aktie.
Das Kursziel von 409 € für Tesla Inc weist auf eine Steigerung von über 20% gegenüber dem aktuellen Kurs von 293.05 € hin.
