Hey everybody Dave Bartosiak with Trending Stocks at Zacks.com. They say if you love something, let it go. If it doesn’t come back, you never had it. If it comes back, love it forever. I guess Intel is getting all sentimental on us here with its spinoff of Mobileye. Mobileye is Intel’s self-driving unit which it acquired for $15.3 billion in 2017. Mobileye was founded in 1999 in Israel with an original focus in collision-avoidance systems. Today, it’s all about next generation tech with chip-based cameras to see the road ahead. Every car, every cyclist, every fit of road rage.
Soon, you’ll have a car that can steer itself into potholes, ride the guy in front of you, and miss the obvious turn into the mall parking lot. The planned IPO for Mobileye will come in at a projected valuation of $50 billion, more than three-times what Intel paid. Last quarter, Mobileye chalked up $326 million in sales. The move to spin-off Mobileye is likely to attract the attention of other self-driving projects across the world like GM’s Cruise and Alphabet’s Waymo.
Let’s take a look at Zacks.com to see what self-driving stocks are the most attractive for your portfolio today. These stocks include Lidar company Luminar Technologies (LAZR - Free Report) , ChargePoint (CHPT - Free Report)
Every time you share this video, an autonomous car does a powerslide around a corner, does a J-turn and safely lands in a handicapped parking spot. Subscribe to the YouTube channel, Twitter @bartosiastics and check out this week’s deal for Blockchain Innovators on Zacks.com/promo. For everybody here at Zacks, I’m Dave Bartosiak and I’ll see you next week.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Hey everybody Dave Bartosiak with Trending Stocks at Zacks.com. They say if you love something, let it go. If it doesn’t come back, you never had it. If it comes back, love it forever. I guess Intel is getting all sentimental on us here with its spinoff of Mobileye. Mobileye is Intel’s self-driving unit which it acquired for $15.3 billion in 2017. Mobileye was founded in 1999 in Israel with an original focus in collision-avoidance systems. Today, it’s all about next generation tech with chip-based cameras to see the road ahead. Every car, every cyclist, every fit of road rage.
Soon, you’ll have a car that can steer itself into potholes, ride the guy in front of you, and miss the obvious turn into the mall parking lot. The planned IPO for Mobileye will come in at a projected valuation of $50 billion, more than three-times what Intel paid. Last quarter, Mobileye chalked up $326 million in sales. The move to spin-off Mobileye is likely to attract the attention of other self-driving projects across the world like GM’s Cruise and Alphabet’s Waymo.
Let’s take a look at Zacks.com to see what self-driving stocks are the most attractive for your portfolio today. These stocks include Lidar company Luminar Technologies (LAZR - Free Report) , ChargePoint (CHPT - Free Report)
Every time you share this video, an autonomous car does a powerslide around a corner, does a J-turn and safely lands in a handicapped parking spot. Subscribe to the YouTube channel, Twitter @bartosiastics and check out this week’s deal for Blockchain Innovators on Zacks.com/promo. For everybody here at Zacks, I’m Dave Bartosiak and I’ll see you next week.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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