Carvana, Lucid, Rivian stock investment
Hello blind! Last one month, there's a lot of movement in these stocks. Huge growth! I read news that Lucid is increasing on the speculation of Saudi investment. What about Carvana and Rivian? Carvana just went to a complete loss after Tesla reduced their prices this month. Do you think investing in these companies is a good choice for a short term growth? You can suggest in comments if you think there are better stocks.
On an average, individual investors make more money with Index funds rather than choosing individual stocks!
These companies might go bankrupt soon and their stocks will go to 0 in that scenario.
Intel! I lost more money on your company than I did on meme stocks! If I were you I will join the winning side, AMD.
I used to work there :p How did you lose more money with INTC lol, it is approaching it’s book value now but idk what will happen
Did you buy Carvana by that time?
I should have.
Carvana is a meme stock now. Rivian and lucid could end up being solid companies but they’re priced insanely high and the competition is fierce.