- InvestorPlace
If Insiders Are Not Buying Rivian Stock, Why Should You?
Since mid-March, the dust has settled on the Rivian Automotive (NASDAQ:RIVN) sell-off. RIVN stock has found support, at between $13 and $14 per share. For investors bullish on the electric vehicle megatrend, this may seem like an ideal entry point to build a position. After all, with so much negativity priced into the EV maker’s shares since February, surely shares have become oversold, right? Not so fast. After the recent spate of bad news, including underwhelming production guidance and news o
- InvestorPlace
7 EV Stocks to Sell as Competition Heats Up
Although electric vehicle stocks have become far less hot during this bear market, the pivot towards vehicle electrification keeps moving forward. Even so, that doesn’t mean every EV stock is a buy. In fact, there are plenty of names one should consider EV stocks to sell. Why? The overall trend may be favorable, but in the case of several publicly-traded EV makers, there’s a headwind that far outweighs this tailwind: rising competition. Since the start of the year, Tesla (NASDAQ:TSLA) has shored
- InvestorPlace
Why the Lucid Stock Sell-Off Could Continue
Lately, a lack of news has been good news for investors in Lucid Group (NASDAQ:LCID) stock, which plunged during late February and early March. This was primarily because of the electric vehicle maker’s release of disappointing quarterly results and guidance. However, since the middle of this month, LCID has found support, with the stock bouncing between $7 and $8 per share. To some, this may look like a worthwhile entry point. After all, the latest developments appear to be fully absorbed by th
