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Better Buy: Rivian or Every Other EV Stock?


Rivian Automotive's (NASDAQ: RIVN) initial public offering (IPO) threw lighter fluid on the already scorching-hot electric vehicle (EV) industry. But zoom out, and Rivian is just the latest of several electric car stocks that are making a name for themselves on Wall Street.

There's no denying that putting all your eggs in just the Rivian basket leaves a lot of room for upside. But there's also a lot of advantages in picking multiple companies so that if one or two don't go well, you're not knocked out. Here's the case for Rivian alone, as well as for a basket of EV stocks.

Image source: Getty Images.

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Source Fool.com

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