Is RIVN a good stock to buy? We came across a bullish thesis on Rivian Automotive, Inc. on VJS Newsletter’s Substack. In this article, we will summarize the bulls’ thesis on RIVN. Rivian Automotive, Inc.'s share was trading at $16.54 as of March 10th.
Rivian Automotive, Inc., together with its subsidiaries, develops, manufactures, and sells category-defining electric vehicles. RIVN is positioned for a transformative growth phase, currently trading around $15 per share with an $18 billion market capitalization, well below legacy automakers like Ford at $55 billion.
The company...
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