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Is Rivian Automotive, Inc. (RIVN) A Good Stock To Buy Now?

Is RIVN a good stock to buy? We came across a bullish thesis on Rivian Automotive, Inc. on The Patel Investor’s Substack. In this article, we will summarize the bulls’ thesis on RIVN. Rivian Automotive, Inc.'s share was trading at $17.15 as of April 21st.

Rivian Automotive, Inc., together with its subsidiaries, develops, manufactures, and sells category-defining electric vehicles. RIVN is increasingly viewed as a re-rating opportunity in the electric vehicle sector after collapsing from post-IPO highs near $179 to roughly $20, as the company shifts from hype-driven expectations to...