Due to previous hard months and after a correction with the FED and geo politics instability. Lucid Group stock is set of a run on value upwards, where the ones with higher risk apetite will be able to reward themselves back to the 60$ stock.
Lucid Group stock is set for a growth due to:
-Government incentives
-Speed up for factories in the US and Saudi Arabia
-Expansion of markets in EU
-Increase in pricing from July 2022
-Increase in sales as a result of the growth of operations for a car with very high demand.
-Increase stakes from large institutional holders such as George Soros.
I cannot put more words into how much the stock is worth but to say that, I would buy the car myself, it is enough for buying the stock.
Disclaimer:
I am long and own stocks myself. This is just an opinion on my belief what will happen to the stock. I can be wrong, and I will have no responsibility towards it in case I am wrong. Do your own due diligence.
Lucid Group stock is set for a growth due to:
-Government incentives
-Speed up for factories in the US and Saudi Arabia
-Expansion of markets in EU
-Increase in pricing from July 2022
-Increase in sales as a result of the growth of operations for a car with very high demand.
-Increase stakes from large institutional holders such as George Soros.
I cannot put more words into how much the stock is worth but to say that, I would buy the car myself, it is enough for buying the stock.
Disclaimer:
I am long and own stocks myself. This is just an opinion on my belief what will happen to the stock. I can be wrong, and I will have no responsibility towards it in case I am wrong. Do your own due diligence.