May. 14 at 4:09 PM
$INVZ They are both Lidar suppliers and in the same sector. Investors dumped AEVA stock after Q1 earnings, and in less than a week, it had recovered and then some.
I think, based on that alone,
$INVZ will quickly recover from the post Q1 shock drop.
$AEVA (4D Lidar) and
$ARBE (4D Imaging Radar) are in the US Defense contractor Forterra's AutoDrive platform, which is being rapidly adopted by the US Army, and probably other branches of the US Military as well. (New builds and Retrofit kitting)
There is a very good chance that
$INVZ and
$ARBE will be in similar Israeli and Western European (NATO) solutions together as well... Kela Technologies is just the first acknowledged Israeli defense contractor publicly stating they are using
$INVZ lidars.
Because of that, I'm invested in all 3, and swing trading between them. I am more heavily invested in
$ARBE however by a wide margin.
