Now that electric vehicle (EV) stocks have tumbled from excessive valuations, many people are looking closer at getting exposure to the sector. Rivian Automotive (NASDAQ: RIVN) and China-based Nio (NYSE: NIO) are two popular names with investors. Rivian had a very successful initial public offering late last year and held $17 billion in cash as of March 31. Read More...
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5 Surefire Stocks That Can Build Generational Wealth in 25 Years
Since hitting their respective all-time closing highs within the past seven months, the well-known Dow Jones Industrial Average, benchmark S&P 500, and growth-dependent Nasdaq Composite have lost 19%, 24%, and 34% of their value, as of June 16, 2022. Although big declines in the stock market can be worrisome, historical data shows that buying during these dips is a genius move. The key to success, aside from buying stakes in innovative, high-quality businesses, is allowing time to work its magic.
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