#stock-performance

#stock-performance

If you missed out on the multi-decade returns of Tesla ( NASDAQ:TSLA) stock, maybe you'll get a second chance with electric vehicle (EV) manufacturer Rivian Automotive ( NASDAQ:RIVN). For the next four to five years, some loyal RIVN stockholders hope to achieve Tesla-like growth. In the most optimistic scenario, Rivian stock would stage a spectacular comeback and rally to $50 by 2030. However, in a more pessimistic scenario, Rivian could run out of money next year and file for bankruptcy. No one knows for sure whether RIVN stock will become a hero or a zero by 2030. Still, you could have a huge winner on your hands with a share position in Rivian, so let's see what's under the hood with this fascinating EV producer.

Investors are concerned with future stock performance over the next one, five, or 10 years. While most Wall Street analysts will calculate 12-month forward projections, it is clear that nobody has a consistent crystal ball, and plenty of unforeseen circumstances can render even near-term projections irrelevant. 24/7 Wall St. aims to present some further-looking insights based on CrowdStrike's own numbers, along with business and market development information that may be of help with your own research.

For instance, Meta Platforms closed the third quarter with 3.54 billion daily active users and $51.2 billion in revenue. That comes to $14.46 per daily active user. Meanwhile, Snap closed the quarter with 477 million daily active users and $1.51 billion in revenue, which comes to $3.14 per user. Both companies grew their daily active users by 8% year over year.

This year, the company announced it would acquire production facilities from bankrupt electric truck maker Nikola, as well as management changes, including the chief executive stepping down and the chief operating officer becoming interim CEO. Actor Timothée Chalamet was named its first-ever Global Brand Ambassador, and Lucid made a robotaxi deal with Uber. Lucid effected a 1-for-10 reverse stock split, and it announced a major collaboration with AI chipmaker Nvidia Corp. ( NASDAQ: NVDA).

It is up 10% this year, while the broader market is up 14%. That is not characteristic of the stock. In the past five years, it has risen 121%. The market is 89% higher in that time. The stock may not come back because Warren Buffett will not be either. He departs at the end of the year. Greg Abel, who has been the head of Berkshire Hathaway Energy, will replace him as CEO. But Abel is not a stock picker.

After years of being dogged by a poor stock price, Ford Motor Co. ( NYSE: F) shares are up 32% this year, compared to 14% for the S&P 500. And the stock has a yield of 4.6%. Ford's earnings were fine, neither disappointing nor spectacular. Revenue rose 9% to $50.5 billion. Per share earnings increased from $o.22 to $0.60. Although Ford has set a recall record this year that may never be broken, the talk about warranty damage to the bottom line has quieted down.