Better Bear Market Buy: Lucid vs. Nio

·5 min read
Better Bear Market Buy: Lucid vs. Nio

The electric vehicle (EV) industry has expanded by incredible leaps and bounds over the last decade, and its growth story is still just starting to unfold. On the heels of some massive sell-offs, Lucid Group (NASDAQ: LCID) and Nio (NYSE: NIO) stand out as intriguing players in the space that could potentially deliver explosive growth, and investors might be wondering which stock is the better buy at today's prices. Howard Smith: Shares of Lucid Group would certainly qualify as having experienced a major bear market.