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Should You Buy Rivian While It's Below $12?

TheMotleyFool 
0 0 12.04.25
Should You Buy Rivian While It's Below $12?
 

Rivian Automotive (NASDAQ: RIVN) stock hasn't been spared from the tariff-inspired market crash. The electric vehicle (EV) company doesn't manufacture overseas, but it still participates in a global supply chain and is reliant on a strong U.S. consumer economy.

The Dow Jones Industrial Average, S 500, Nasdaq Composite, and Russell 2000 each hit 52-week lows as the market panicked over President Donald Trump's global tariff plans. Rivian stock plunged as well, punctuating a 20% drop over the last three months.

That could be a buying opportunity for investors as Rivian enters a critical and transformational period. One Wall Street analyst who recently hosted a talk by Rivian CEO R.J. Scaringe does believe now is the time to jump into Rivian stock.

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Source Fool.com

Dow Inc. Stock

€20.50
-2.860%
A loss of -2.860% shows a downward development for Dow Inc..

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