Is now a good time to jump into the Autonomous Vehicles? ps: no I dont choose TSLA
I need to change something on my portfolio, some stocks dont really add up so I want to see something new. Robotaxi currently is underrated and undervalued imo. Beside Tesla, u know they are the biggest manipulation in the industry. I dont want to explain more but u see what u want to see. I saw everyone also keep mentioning GOOGL in the comment section but Im looking into something niche like WRD.
On the stock side, recent reports show huge revenue growth, up fast YoY. Citigroup, BOCI, UBS sitting at Buy. Not a bad setup imo. JPMorgan, SBI Securities, Gordian Capital, all picking up small positions this year.
On the press side, their partnership strategy actually diverse, NVIDIA, BOSCH, UBER, GRAB, etc. The market coverage is global too: Europe, SEA, UAE… I’m not even sure which countries they’ll target next, but honestly with how often they’re getting new government permits and all the news heating up lately, it feels like they’re aiming for a lot more.
So do you guys think now is the right time to jump in? Would really appreciate hearing some opinions on this industry.