
Lucid
LCID
LCID Fair Price

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Lucid: A risky bet with high potential?
American luxury electric car manufacturer Lucid Group $LCID3.7% continues to face uncertainty about its growth and profitability. Still, Benchmark analyst Mickey Legg has come up with a target price of $5, implying a potential upside of nearly 90% from the current $2.69.
Strong support from Saudi Arabia
📊📅 Another week is here and with it a list of interesting things to follow:
🔍On Monday, I'll be tracking company results after the markets close. We'll have results fromPalantir $PLTR0.5%, Realty Income $O and Lucid $LCID3.7%.
U Palantir I expect interesting results and an important look at the future of this company.
🍏On Tuesday ,Apple $AAPL event is taking place, which will be mostly...
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Today I'm interested in $O-0.3% I'm in the plus there, but I'd still like to buy more so I wouldn't be angry about the reduction. I think there's still a little time for this sector because I think interest rates will be up for a while. Next $WBD1.8% $MPW-0.1% $PLUG-0.4%...all losing and I'd like to hear a good outlook. 😊
So I finally added the Lucid $LCID3.7% to my portfolio last week and I'm glad I did. In addition, news came today that Lucid is preparing to enter the world's largest automotive market, China.

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It doesn't look like much to me either... in china, they'll go up against $NIO1.2%, and that's not gonna be fun...
What about that Lucid $LCID3.7% today? I see it's down another 9% in the premarket. Speculatively I guess I'd take it, the Arabs obviously trust them since they still have the biggest share there. Their EVs are pretty interesting, but it's still too young a company for me, so I wouldn't open anything big there, just speculation on a bounce.
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I wouldn't invest, I think it's a big risk. The Arabs have plenty of money, and hopefully they've got the math right, but I'm staying out of it anyway.
A lot depends on whether they can get it right and that efficiency will be better. I think it's a big risk.