Fool.com contributor Parkev Tatevosian determines whether Rivian (RIVN +0.36%) stock is a buy at its current valuation.
*Stock prices used were the afternoon prices of May 7, 2024. The video was published on May 9, 2024.
Should You Buy Rivian Stock Today?
Rivian reiterated its goal of becoming gross-profit-margin-positive in Q4 this year.
By Parkev Tatevosian, CFA – May 10, 2024 at 11:00AM 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.