4 Large-Cap Stocks Expected to Increase Sales 508% to 1,118% by 2024

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Is Lucid Group Stock a Buy?

Lucid Group (NASDAQ: LCID) has surely caught the attention of electric vehicle (EV) investors. Among automakers that manufacture only EVs, Lucid Group’s market capitalization, of nearly $37 billion, is behind only those of Tesla and Nio. To begin with, the company’s first product, the Lucid Air, claims to have a battery efficiency of more than 4.5 miles per kilowatt-hour.

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