Reported 5 months ago
The article discusses two electric vehicle (EV) stocks worth buying, which are Rivian Automotive and ChargePoint, and one to avoid, Lucid. Rivian is highlighted for its production capabilities and potential positive gross margin by the fourth quarter of 2024, while ChargePoint is noted as the largest builder of EV charging stations in North America and Europe with growth potential. On the other hand, Lucid is cautioned against due to production struggles and high valuation. The article provides insights into each company's performance, growth prospects, and stock valuation to guide investors in their decision-making.
Source: YAHOO