Where Will Rivian Be in 3 Years?

It's been a rough few years for Rivian Automotive (NASDAQ: RIVN) investors. After debuting to great fanfare in 2021, shares have lost nearly 90% of their value. Right now, compared to other electric vehicle stocks like Tesla and Lucid Group, Rivian stock looks very cheap. And yet the next few years could generate some of the biggest sales growth the company has ever seen.Could this be your chance to buy an impressive growth stock before the market prices in this growth? Yes, but there is one risk you'll want to monitor.Looking at many traditional valuation metrics, the future isn't bright for Rivian. Shares trade at a heavy discount to peers like Tesla and Lucid Group, at least on a price-to-sales basis. And expected growth for the year ahead is lackluster.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool