Is Lucid Group Stock Expensive? 4 Charts to Explore

On paper, Lucid Group (NASDAQ: LCID) looks expensive. Shares trade at a price to sales ratio of 6. Fellow electric car stock Rivian, for comparison, trades at just 3 times sales -- a 50% discount.Lucid stock is cheaper than it appears, however. But is it cheap enough to attract growth investors looking for maximum gains? Let's find out.Stocks trade at different valuations for many reasons. One of the biggest factors is growth expectations. How much the market believes a company will grow sales over the next few quarters and years has a big impact on valuation multiples.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool