Considering a Bet on Rivian Stock? Slow Your Roll.

Being labeled as a “best idea” for 2024 by Baird, Rivian Automotive (NASDAQ:RIVN) is certainly an EV stock that has caught the attention of many investors. Of course, RIVN stock has been on a wild ride in recent years, hitting a high of more than $170 per share in 2021 before setting down the sub-$25 per share range for the better part of the past year.At roughly $15 per share at the time of writing, investors now have the ability to invest in this stock at a 90% discount from its peak. And while some analy ...