Latest news with #RickOrford
Business Insider
6 days ago
- Automotive
- Business Insider
‘Watch for These Catalysts,' Says Top Investor About Lucid Stock
One could be forgiven for having doubts about Lucid Group (NASDAQ:LCID), the electric vehicle maker whose share price has plunged 87% over the past 3 years. Confident Investing Starts Here: Yet, despite the steep decline, recent developments suggest there may be some light at the end of the tunnel. Lucid remains on track to manufacture 20,000 vehicles in 2025 – in line with its guidance – and its Q1 2025 net loss of $366 million marks a 46% year-over-year improvement. The company also ended the quarter with a strong liquidity position of $5.76 billion. Even so, Lucid is still operating at a loss, which means any bullish stance largely hinges on faith in the company's long-term potential rather than near-term profitability. That's where top investor Rick Orford – ranked in the very top 1% of TipRanks' stock pros – sees an opportunity. He points to two key catalysts on the horizon: Lucid's strategic partnership with Saudi Arabia and the upcoming launch of the Lucid Gravity SUV. According to Orford, these developments could help shift sentiment and lay the groundwork for future growth and profitability. 'Short-term prospects remain uncertain, but patient investors could benefit significantly if Lucid achieves profitability in the next 3–5 years,' Orford opined. The investor further highlights just how embedded Lucid is in Saudi Arabia's EV ambitions. The Kingdom's sovereign wealth fund holds a majority stake in the company and has committed to purchasing between 50,000 and 100,000 vehicles over the next decade. As Orford sees it, Saudi Arabia views Lucid not just as a financial investment, but as a cornerstone of its broader push to diversify its economy and establish a foothold in the global EV race. 'I'm speculating that they're using Lucid Motors at least in part to achieve their vision of moving away from oil dependency, which could translate to a huge growth runway for the company,' Orford noted. The investor is also intrigued by the company's Lucid's Gravity SUV, which he believes has the potential to help the company capture market share from Tesla when it becomes available next year. Not only does Gravity's 420-mile range compare favorably to Tesla's 244-mile estimates for the Model Y, but the Elon Musk-led company's reputation is in tatters due to his political activities. Summing up, the investor believes in the company's ability to deliver growth going forward – especially for those willing to look further down the road. 'I'm rating the stock a 'Buy' for its long-term potential,' concludes Orford. 'I think investors (buying) at today's prices will be very pleased.' (To watch Orford's track record, click here) Wall Street, however, isn't quite as enthusiastic. Most analysts are still in 'wait-and-see' mode. With 7 Holds outweighing just 1 Buy and 2 Sells, LCID claims a consensus Hold (i.e., Neutral) rating. Meanwhile, the average 12-month price target of $2.54 implies the stock is likely to stay range-bound for the foreseeable future. (See LCID stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Globe and Mail
6 days ago
- Business
- Globe and Mail
AT&T Stock Nears 52-Week High, But Is It Too Late to Buy?
AT&T (NYSE: T) is making waves again, climbing toward its 52-week high and locking in billion-dollar fiber deals. With rising cash flow, solid dividends, and 5G ambitions, is this legacy telecom giant primed for a comeback -- or will high debt and legacy declines drag it back down? Stock prices used were the market prices of May 25, 2025. The video was published on May 26, 2025. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Should you invest $1,000 in AT&T right now? Before you buy stock in AT&T, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and AT&T wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $639,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $804,688!* Now, it's worth noting Stock Advisor 's total average return is957% — a market-crushing outperformance compared to167%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Rick Orford has no position in any of the stocks mentioned. The Motley Fool recommends Verizon Communications. The Motley Fool has a disclosure policy.
Globe and Mail
11-05-2025
- Automotive
- Globe and Mail
Rivian or Tesla? The EV Stock to Buy Now for the Next 10 Years
Tesla (NASDAQ: TSLA) made early investors rich -- but is Rivian (NASDAQ: RIVN) the next big electric vehicle (EV) winner? With Tesla sinking and political headwinds mounting, some analysts say Rivian's Amazon and Volkswagen deals could fuel a massive comeback. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Don't miss this head-to-head showdown as I break down both companies' financials, market sentiment, and key growth catalysts. *Stock prices used were the market prices of April 29, 2025. The video was published on May 6, 2025. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 893%* — a market-crushing outperformance compared to 162% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. See the stocks » *Stock Advisor returns as of May 5, 2025 Rick Orford has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.
Globe and Mail
09-04-2025
- Business
- Globe and Mail
This Fintech Just Quadrupled: What OppFi's CEO Says About the Road Ahead
OppFi 's (NYSE:OPFI) stock has surged from $2.50 to $10 in under a year -- but is the rally just getting started? In this exclusive interview, CEO Todd Schwarz breaks down what's fueling the fintech company's explosive growth, how it's using artificial intelligence (AI) to scale smarter, and why he believes OppFi stock remains deeply undervalued. *Stock prices used were the market prices of March 26, 2025. The video was published on April 8, 2025. Should you invest $1,000 in OppFi right now? Before you buy stock in OppFi, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and OppFi wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $578,035!* Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of April 5, 2025 The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
