$Lucid Group Inc(LCID)$ Summary Our thesis on Lucid has always been about its production ramp. However, given the worsening COVID lockdowns in China, we believe its FY22 production guidance is at risk. In its Q1 earnings card, management also highlighted that its guidance is predicated on improved supply chain visibility in China from May. LCID stock is also testing a critical support level. If buyers fail to hold, it could face a steep selloff to force capitulation. Therefore, we revise our rating on LCID stock from Buy to Hold until we get clearer visibility in China. I do much more than just articles at Ultimate Growth Investing: Members get access to model portfolios, regular updates, a chat room, and more. A key takeaway from its Q1 p

Shares of electric vehicle maker Rivian Automotive $Rivian Automotive, Inc.(RIVN)$ have been spiraling lower at such a rapid rate that even the company’s most faithful investors are beginning to doubt whether there will be any success in its future.The Irving, Texas-based startup has lost more than $120 billion in market value in the four months since it went public on Nov. 10, in one of 2021's biggest, most watched IPOs. 

$Micron Technology(MU)$ Which one of these promising semiconductor stocks should you be buying right now? The PHLX Semiconductor Sector Index has shed more than 23% of its value in 2022, which is a tad surprising as the booming demand for chips has led to sharp growth in the semiconductor industry's revenue. In 2021, the global semiconductor industry recorded $556 billion in revenue, an increase of 26% over the prior year. The strong sales trend has continued in 2022, with monthly sales exceeding $50 billion in both January and February. But the broader sell-off in tech stocks has kept semiconductor stocks from exploding on the market. Intel ( INTC -2.02% ) stock is down 11% this year, while Micron Technology ( MU -2.13% ) has suffered a bigger drop o

Shopify Inc. $Shopify Inc(SHOP)$ is seeing increased volatility after a four-month downtrend. Investors are wondering if the price has found a grip, or if the stock is still losing ground, especially with today's price action prompting investors to re-evaluate their thesis. In this article, we will re-cap the key fundamentals and estimate if the stock is trading around value. Shopify provides a platform for merchants to create an online presence and distribute their products. Its main competitor is Amazon $Amazon.com(AMZN)$ , with one of the key distinguishing features being that Shopify caters to merchants while Amazon competes with them and is generally more tilted on the side of the consumer. Shopify aims to

Summary COIN reported strong Q2 results. Q2 affirmed our reasons to forget Bitcoin and buy COIN instead. We detail 3 reasons why in this article. Back on May 20th, wetold investors to forget Bitcoin(BTC-USD) and buy Coinbase (COIN) instead. Recently, COIN reportedstrong Q2 resultswhich affirmed our thesis for choosing COIN over BTC. We detail 3 reasons why in this article. #1. Agnostic To Cryptocurrency Winners As management stated on theearnings call: We 're agnostic about which assets are going to win, we really just want to support every asset that's legal for our customers. And we have a very rigorous process we've created on the compliance, and the legal and cybersecurity evaluation of these assets to make sure they comply with those standards, but once we get comfortable with that