Beyond Rivian: Buy These 2 Stocks Integral to Its Trucks' Design
Rivian Automotive (NASDAQ: RIVN) has created quite the story through its public offering. It has a market cap around $100 billion, yet is generating no revenue. Buying the stock isn't a big deal, but investors should expect irrational price movements or even a total loss should its operations cease.
Instead, investors should look toward two integral Rivian business partners, Amazon (NASDAQ: AMZN) and Dassault Systemes (OTC: DASTY). Amazon Web Services provided the necessary cloud infrastructure for performing engineering simulations, and Dassault Systemes' software was used for product design. Both products are critical throughout multiple industries, allowing investors to spread their bets across many businesses instead of one electric vehicle producer that has yet to earn revenue.
Image source: Getty Images.
Source Fool.com
