Is Rivian Stock a Buy Now?
Money-losing Rivian Automotive (NASDAQ: RIVN) isn't the type of stock a conservative investor should buy. If you're a more aggressive growth investor, however, you might be interested in shares of this electric vehicle maker. Is now the time to buy it, or should you wait for the next important milestone in the company's development? Here's what you need to know.
To give credit where it's due, Rivian has created a pretty impressive business. It isn't easy to build an auto company from the ground up. Not only is the competition intense, but the industry is also capital-intensive. Rivian, like before it, is attempting to leverage a new technology to break into the big leagues.
Image source: Rivian
Source Fool.com
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