Is Mobileye Destined To Go The Way Of 3D Printing Stocks?

But fully autonomous cars are just part of the market for ADAS. The NTSB has been pushing for collision-avoidance systems to become standard on all vehicles noting that just 4 out of 648 models in the U.S. sported full collision avoidance systems in 2014. So the market for ADAS systems could turn out to be much bigger than what many naysayers anticipate, thus giving Mobileye ample growth runways.


While Mobileeye shares still look overvalued, that is pretty normal for market leaders in high-growth industries. In the current choppy market, the shares could continue sliding. But, there is no good reason to believe that Mobileye will run out of growth runways any time soon. Investors should buy once the shares drop by another 10% or maybe 15% if the bear market continues taking a toll on the tech sector in general.

1 2 3 4
View single page >> |

Disclosure: None.

Disclaimer: The views expressed in the article are of individual authors and are not necessarily supported by Amigobulls. We ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.
Charles Howard 6 years ago Member's comment

I don't think that comparison is relevant in this case. It has a lot more juice than $DDD.