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Is Rivian Stock a Buy Now?
['Reuben Gregg Brewer', 'Https', 'Www.Facebook.Com Themotleyfool']
The Motley Fool
Rivian is on the cusp of an important achievement that will help determine the company's long-term future as a business.
Money-losing Rivian Automotive (RIVN 0.46%) isn't the type of stock a conservative investor should buy.
Rivian has achieved a lot in a short period of timeTo give credit where it's due, Rivian has created a pretty impressive business.
Rivian, like Tesla before it, is attempting to leverage a new technology to break into the big leagues.
Still, barring a particularly weak fourth quarter, Rivian could post a modest gross profit in 2025.