Forget Rivian: Buy These Magnificent EV Stocks Instead
Among the slew of companies trying to stake their claim in the electric vehicle (EV) market is Rivian Automotive (RIVN -0.80%). With its focus on manufacturing SUVs and trucks tailored for outdoor enthusiasts, as well as commercial vans for businesses, its debut on the stock market in 2021 was one of the most highly anticipated in decades. Raising nearly $12 billion, it was the most valuable initial public offering (IPO) for an American company since Meta in 2012. But since then, it's safe to say the hype h ...