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Here's Why Rivian Stock Is a Buy Before Nov. 5
RIVNRivian Automotive(RIVN) The Motley Fool·2024-10-12 13:30

Rivian is expected to report earnings before Nov. 5. Here's why now is the time to buy.Since going public in 2021, Rivian Automotive (RIVN 2.34%) has seen its sales zoom from the millions to the billions. Today, the company is generating more than $5 billion in annual sales. Yet over the same time period, the company's market capitalization has tanked from above $100 billon to just $10 billion. So far, patient investors have been burned.But there's reason to believe that much better days may be ahead, espec ...