Fool.com contributor Parkev Tatevosian reviews Lucid's (LCID +4.39%) latest quarterly earnings release and answers if the stock is a buy.
*Stock prices used were the afternoon prices of Feb. 22, 2024. The video was published on Feb. 24, 2024.
Should Investors Buy Lucid Stock on the Dip?
Lucid is targeting modest growth in production for 2024.
By Parkev Tatevosian, CFA – Feb 26, 2024 at 6:00AM EST
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.