In this week’s episode of State of the Market, Chief Income Strategist Marc Lichtenfeld shares what he expects to be one of the top-performing stocks of 2022…
Like Rivian (Nasdaq: RIVN), which Marc recently listed as the third of his three stocks to buy over the holidays, this company is another vehicle manufacturer with a hot new set of wheels about to hit the roads…
And go from zero to 60 in just 4.4 seconds.
But unlike Rivian, which was founded in 2009, this automaker is as established as they come in the industry, with more than 100 years of history stemming back to its founding in 1903.
It’s a household name with worldwide brand recognition.
In fact, its new vehicle in question is the latest model of what’s already America’s favorite truck… but with groundbreaking capabilities that set it apart. So consumer demand not only will be on our side with this investment but will be dragging us up and along to huge gains.
To keep pace, this company has doubled production of its new vehicle.
Best of all, the stock is cheap compared with the rest of the market, so our investment has plenty of room to run. Marc expects a 4% yield by 2023 for investors who get in now.
Simply put, these electric trucks will be the talk of 2022, and you’ll want your portfolio riding the momentum of their sales up to new highs.
If you’ve been on the prowl for a safer electric vehicle play, look no further than this iconic car manufacturer.