Key Points
At a time when several EV challengers are conceding or facing bankruptcy, Lucid’s $5.45 billion in liquidity is worth something and means there is still time to right the ship.
For EV buyers who prioritize range and infrequent charging, Lucid’s high-end range technology could make it worth the high-end price.
If LCID rallies following the company’s fourth-quarter update in February, a high-volume push past long-term resistance at $4.25 could turbocharge the EV maker out of penny stock land.
5 stocks we like better than Lucid Group
  Upgrade NowThis premium article is available to MarketBeat All Access subscribers only. Log in to your account or sign up below.Already have an account? Log in here.Before you consider Lucid Group, you’ll want to hear this.MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Lucid Group wasn’t on the list.While Lucid Group currently has a “Reduce” rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here Which stocks are likely to thrive in today’s challenging market? Click the link below and we’ll send you MarketBeat’s list of ten stocks that will drive in any economic environment.Get This Free Report