Surprise! Why Wall Street Is Starting to Give Rivian Stock More Respect.
Two key, recent events finally gave Rivian (NASDAQ:RIVN) stock a significantly larger portion of the respect that it deserves. Analysts are starting to talk positively about the electric vehicle (EV) manufacturer and new partnerships are looking possible.Moreover, the automaker reiterated last month it believes it can generate positive gross margins in the fourth quarter. There are also multiple signs that demand for its EVs remains strong. Finally, I remain upbeat on its upcoming EV lineup and its ability ...