The end of the week is here.
Last week, we struck gold before the weekend.
This week?
It’s in the EV world.
But this time, we’re not looking at a short-term pump-and-dump play.
We are talking long term.
Just yesterday, I went ahead and bought 250 shares of $RIVN
Before you start telling me:
“Why would you do that? The stock is dead”
Hear me out.
Have a look at this chart:
From my analysis and logic, it looks like…
$RIVN is trying to break out of a 2-3 year range.
Despite facing challenges, including a trimmed 2025 delivery forecast of approximately 43,000 vehicles (down from 51,579 in 2024),
Rivian has made significant strides:
Strategic Partnerships:
A notable $5.8 billion joint venture with Volkswagen aims to develop scalable Software-defined vehicle platforms, enhancing Rivian's technological capabilities.
Product Expansion:
The upcoming R2 SUV, set to launch in 2026, is expected to be a more affordable EV option, broadening Rivian's market reach.
Financial Outlook:
Analysts have adjusted their price targets, with figures ranging from $7.05 to $18, indicating a cautious yet optimistic market sentiment.
Without a doubt, you will see short-term volatility.
But this only means…
If you invest in $RIVN, you are not in it for quick profits.
I know it’s going to be tempting to cash out, but this is why,
YOU NEED TO BE DISCIPLINED.
So you be the judge:
•Do your research
•Look at the fundamentals
•See what analysts and other traders are saying
Then decide if Rivian deserves a spot on your long-term watchlist or in your portfolio.
Until next time,
Nicholas.