Rivian Automotive (NASDAQ: RIVN) remains one of my favorite growth stocks on the market today. Many investors still value the company as an EV stock. In reality, however, I think the company should be valued as an AI stock.
That's because Rivian is attempting to transform its business to take maximum advantage of its biggest growth opportunities.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Building electric vehicles can be a profitable business. Just look at what Tesla accomplished despite having a fairly limited lineup. But the future of transportation will look very different than today.
McKinsey & Co. recently surveyed more than 90 industry insiders to see how quickly these experts believe fully autonomous vehicles will be deployed. On average, the panel believes that autonomous vehicles will be the norm in most major countries by 2032. Notably, however, robotaxis will precede private autonomous vehicles.
#NVIDIA
That's because Rivian is attempting to transform its business to take maximum advantage of its biggest growth opportunities.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Building electric vehicles can be a profitable business. Just look at what Tesla accomplished despite having a fairly limited lineup. But the future of transportation will look very different than today.
McKinsey & Co. recently surveyed more than 90 industry insiders to see how quickly these experts believe fully autonomous vehicles will be deployed. On average, the panel believes that autonomous vehicles will be the norm in most major countries by 2032. Notably, however, robotaxis will precede private autonomous vehicles.
#NVIDIA
3 months ago
