Previous close | 0.1000 |
Open | 0.1300 |
Bid | 0.0100 |
Ask | 0.1500 |
Strike | 5.00 |
Expiry date | 2023-06-16 |
Day's range | 0.0900 - 0.1300 |
Contract range | N/A |
Volume | |
Open interest | 1.45k |
Ford (NYSE: F) has a long history of making and selling cars, while Rivian (NASDAQ: RIVN) is only recently ramping up the production of electric vehicles. This video will answer which stock is the better buy.
While 2022 was a year for stock price corrections across the electric vehicle (EV) sector, 2023 looks to be a transition year for the businesses themselves. Europe and China are leading the way, with fully electric vehicles accounting for 11% and 19% of all new vehicles sold, respectively. With stock prices down and sales continuing to pick up, investors should look at investing in a diverse mix of EV makers in 2023.
A major impairment charge was rough on Ford's third quarter, but a pivot in strategy could be to the company's benefit.