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Rivian Stock (RIVN) Reverses Higher; Will Buyers Follow Lead?
RIVNRivian Automotive(RIVN) See It Market·2024-11-27 16:09

I have a few central themes for 2025. Yesterday we discussed one of them: vanity stocks. Today we discuss another one: Electric Vehicles and Rivian (NASDAQ:RIVN).The ‘vanity’ trade is based on the diet drugs, and we have a few drug stocks we like. News today was that Biden administration is looking to expand coverage for the drugs through Medicare. That could be reversed by Trump of course, but I do not think it will be. The Electric Vehicle theme is not so popular given the tariffs and that President-e ...