Home Topics Business MicroVision vs. Luminar Technologies: Which Lidar Stock is a Better Buy?

MicroVision vs. Luminar Technologies: Which Lidar Stock is a Better Buy?

© Reuters. MicroVision vs. Luminar Technologies: Which Lidar Stock is a Better Buy?

MicroVision (MVIS) and Luminar Technologies (LAZR) are two companies targeting the emerging but highly disruptive lidar sector. The stocks of these two companies trade at high valuations, but one of them is more visible than the other. Let’s evaluate both of them to see which buy is the better now. Continue reading. In the past 15 months, electric vehicle (EV) stocks have grown in popularity. While the move to clean energy solutions is expected to gain momentum over the next decade, many EV companies, including Tesla (NASDAQ :), have invested billions of dollars in developing self-driving technologies.

Even if electric vehicle production increases, investors should expect a similar explosion in the autonomous vehicle (AV) space caused by breakthroughs in artificial intelligence, automation, robotics, and light detection and ranging (or lidar). Here we’re looking at two such companies, MicroVision (MVIS) and Luminar Technologies (LAZR), which are positioning themselves as long-term winners in the lidar and AV space. But which of these two companies is now the better investment bet? We will see.

Lidar is a method of determining variable distance by aiming a laser at an object and measuring the time it takes for the reflected light to return to the receiver.

Read on on StockNews

Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. Therefore, prices may not be accurate and may differ from the actual market price. This means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading losses you may incur as a result of using this data.

Fusion Media or any person involved with Fusion Media assumes no liability for any loss or damage caused by reliance on the information contained on this website, such as data, offers, charts and buy / sell signals. Please inform yourself comprehensively about the risks and costs associated with trading in the financial markets. This is one of the riskiest forms of investment possible.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest articles

So erstellen Sie eine Bestellung in QuickBooks Online

Wenn Sie in QuickBooks Online eine Bestellung erstellen, geben Sie sich (und anderen in Ihrem Unternehmen) ein leistungsstarkes Werkzeug an die Hand, mit dem...

App-Marketing-Spickzettel für Startups und kleine Unternehmen

von Tim Waldenback, Mitbegründer von Zutobi Drivers Ed Zwischen dem iOS App Store und Google Play wetteifern...

HOW TO GROW YOUR ONLINE BUSINESS ON INSTAGRAM FAST | ENTREPRENEUR LIFE

In this video, I'm sharing the best way to grow your instagram for your online business so you can gain more sales. In the...

Visa buys Swedish fintech Tink for $ 2.2 billion

2/2 © Reuters. FILE PHOTO: A Visa credit card can be seen on a computer keyboard in this image dated September 6, 2017. ...