Out Fox The $treet

  Rivian Automotive has rapidly increased EV production and has the potential to become a leading contender in the EV race. The company is still facing significant losses and needs to cut costs to reach its long-term gross margin goal. Rivian has a cheaper valuation compared to Tesla and has faster growth rates, making it an appealing investment option. With the legacy automakers facing major union strikes and potential cost increases,  Rivian Automotive, Inc.  ( NASDAQ: RIVN ) has the potential to quickly become a leading contender in the electric vehicle ("EV") race. The company has ramped up EV  production, and the stock dip last year has provided a much better valuation. My investment thesis is Bullish on Rivian, though a September swoon would provide a more opportune entry point. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details. 

  Investors negative on   Tesla (TSLA)   are possibly too focused on quarterly delivery numbers. Telsa has a potentially bright future in an autonomous fleet that earns owners money when they aren't using the vehicle. At least, Elon Musk sees such a future as a competitor against   Lyft (LYFT)   and   Uber (UBER) .  

Historical research from Schaeffer’s shows that stocks entering the Nasdaq-100 shouldn’t be bought at that point. Typically the best stock to buy is the one leaving an index such as the Nasdaq-100. In the normal scenario, a company that leaves such a big index has faced a couple of weak years and the exclusion from the list places extra pressure on the stock. In essence, a catalyst that more » Disclosure: No positions mentioned. Please review the disclaimer page for more details.