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Stock impact report

Jim Cramer on Rivian: “Let's Take Some off the Table, Rest Run” [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
“Look, I'm a balance sheet guy. This has had a major, major move. It's been terrific. I think some of it is a short squeeze. There's a very big short. I want you to take some off the table and then let the rest run because in the end, I care more about maintaining gains when it comes to the heavily speculative stocks that are losing a lot of money. Let's take some off the table, rest run.” Rivian Automotive, Inc. (NASDAQ:RIVN) manufactures electric vehicles and provides related software, charging, and maintenance services. It is worth noting that when a caller inquired about the stock during the October 27 episode, Cramer responded: “[Sell, sell, sell] I'm sorry. I mean, look, I want you to continue to be able to have steak dinner… I don't want you to say it's better. It's not. You're selling it.” While we acknowledge the potential of RIVN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extreme Show less Read more
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