Bill Combs
How do you perceive Rivian?
For me, an interesting company in which I see quite a lot of potential. Shares of $RIVN seem quite undervalued and I think there is quite a bit of room for growth. As far as cars go, I recommend watching a great video by Peter Mara where he breaks down the pros and cons of Tesla and Rivian.
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As long as they're going to lose $30k on every car sold, it doesn't make sense to me. I'd rather not speculate.
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I've been following the comments about the "bad" price for about 2 years when I've been accumulating this stock and I'd be quite interested to know what you actually expect to happen to this company to make its price drop? It regularly discloses the value of its pre-orders, so its earnings are clearly 1-2 years ahead, and EPS is expected to be +50% for 2025 (FP/E of 31, and that's about equivalent to a 10y median of 33). All those bigtechs that are now cursing AI can't do without this company and TSMC and they are almost the only companies that are growing, so if you buy the index you are practically betting on about 5-7 companies.
I bought today thanks to salad hands;)
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So congratulations on a good buy. I think the company is quality, P/E okay and I am thus in this business in $CVS which I like better on price and dividend but again they don't quite compare.
Investors, what purchases/sales are you planning for next week?
I have to confess that I have not been buying much lately and am rather hoarding cash and waiting for a major correction.
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Yes, I always buy under $100 at the beginning of the year and the plan is to keep buying until the end of the year. Only if it goes on like this I will have to rethink the maximum purchase 😉 As I have written several times mRNA technology is one of the most important discoveries.
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Now you scared me. I had to go see what I'm flying back to CZ at the end of April. Luckily it's a 787😂😂😂😂
I've already sold the position, I'd wait for the moment anyway.