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2 Reasons Lucid Group Is a Long-Term Buy for 2030 and Beyond [Yahoo! Finance]

Lucid Group, Inc. (LCID) 
Company Research Source: Yahoo! Finance
But Lucid Group (NASDAQ: LCID) shares could be an exception to the rule. Over the next 12 months, analysts expect Lucid's revenue to grow by nearly 100%. Yet due to some short-term challenges, shares have lost nearly 30% of their value since the year began, pushing the stock to its lowest levels in years according to many valuation metrics. Could this be the giant buying opportunity you've been waiting for? The answer is likely yes. But there's a catch. This is why Lucid stock is so cheap Lucid isn't alone in its struggles this year. Nearly every other electric vehicle (EV) maker has seen its valuation shrink. Even Tesla , the largest and best capitalized competitor with nearly $100 billion in annual sales, has seen its valuation collapse by nearly 50%. What's Read more
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