A Pure-Play Way to Bet on the Future of Self-Driving Cars
Investors were initially eager to buy shares after spun off its Israel-based autonomous-vehicle company Mobileye Global (NASDAQ: MBLY) on October 26, 2022.
The stock rose 129% from its initial public offering price of $21 to its 52-week high of $48.11 on Feb. 15, 2023, over investor excitement about the long-term potential of the company's ongoing development of a fully self-driving car.
But after recent earnings, the stock price has retreated significantly from its February high. So should you buy the dip in this exciting growth stock? Let's investigate.
Source Fool.com
Intel Corp. Stock
€30.34
-5.260%
Our community is currently high on Intel Corp. with 25 Buy predictions and 12 Sell predictions.
With a target price of 37 € there is a positive potential of 21.95% for Intel Corp. compared to the current price of 30.34 €.
