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Lucid is selling luxury electric vehicles in a market that is expected to grow rapidly.
Fool.com contributor Parkev Tatevosian considers Lucid (LCID 0.41%) stock using critical financial metrics to determine a price prediction for 2024.
*Stock prices used were the afternoon prices of Jan. 3, 2024. The video was published on Jan. 5, 2024.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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