Rivian: Buy, Sell, or Hold?
The electric vehicle (EV) market hasn't accelerated as fast as some had expected, leaving many EV stocks, including start-up Rivian Automotive (NASDAQ: RIVN), on the decline over the past few years. That puts investors in an odd position. Is now the right time to buy an electric vehicle stock, as many are cheaper than before, or is it a bad idea to bet on the nascent market?
As with most decisions in life, the answer depends. To understand what investors should do, let's look at the case for buying, selling, and holding shares based on what's happening with Rivian right now.
Image source: Rivian.
Source Fool.com
