Barclays Says These 2 Automotive Stocks Are Hot Buys Right Now


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In a recent report from UK banking giant Barclays, analyst Dan Levy notes that “Auto companies must balance two clocks – the ‘near’ (i.e. Taken as a whole, the rapidly evolving automotive environment is presenting investors with a wide range of new opportunities. So let’s take a look at two automotive stocks that fit into Levy’s framework. Rivian Automotive (RIVN)We’ll start in the EV sector, where Rivian has taken an innovative approach to the design of electric vehicles. (See Rivian stock forecast)Mobileye Global, Inc. (MBLY)Next up is Mobileye, a leader in both driver assistance and automotive sensor technologies.