Mobileye: Megatrends such as autonomous driving offer long-term growth potential!
The positive fundamental developments combined with the announced share buyback program could favor a trend reversal for the stock!
Reading Time: 2 minutes
Mobileye (MBLY) is now on my watchlist for a rebound scenario after the recently presented fundamental data. The company is considered a leader in the development of Advanced Driver Assistance Systems (ADAS) and technologies for autonomous driving. It offers automakers a comprehensive range of hardware and software solutions, ranging from basic safety features to fully autonomous driving systems. What is exciting is that multiple megatrends are being addressed. After the stock was continuously sold off over the past three years, its valuation...
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