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StockNews.com
Business
Rashmi Kumari

LCID and RACE: Can These Auto Stocks Be Year-End Winners?

Auto sales in the US are predicted to rise due to pent-up demand and technological advancements. Moreover, the market is driven by increased interest in electric vehicles and driver-assistance systems.

Therefore, it could be wise for investors to buy fundamentally sound auto stock Ferrari N.V. (RACE) this month. However, I think Lucid Group, Inc. (LCID) could be best avoided, given its weak financials.

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