James Alexander & Christian Muhr Bet Big on Mobileye NV

CENTRAL DISTRICT, Hong Kong - Sept. 4, 2014 - PRLog -- Mobileye NV had a rather bullish target placed on its back by Morgan Stanley after trading closed yesterday, a $100 price target for the autonomous automotive assistance technology company that entered the day at just $43.03. Unsurprisingly, the stock has soared on the positivity, now up more than 11% on the day to just over $48.00. As James Alexander, VP of International Development & Research at Christian Muhr said on CNBC, it’s one of those stocks that comes along now and then that just blows you away.

“I have to tell you, sometimes you’re amazed by innovative companies and their potential as an investment opportunity. Stocks like GoPro, like Netflix, and Bitauto for example. You can add Mobileye to that list. This is simply incredible technology. Visit the website and you will be amazed at what this company is doing.  Collision avoidance is going to be huge for the automotive sector and this is vindicated by Morgan Stanley’s $100 price target” said James Alexander. Chrsitan Muhr’s analysts concur with Morgan Stanley’s estimates having set a price target of $65-$70 USD on the stock over the ninety days. “We too are bullish on Mobileye  which is why we have added the stock to our own portfolio.” Alexander added.

Mobileye NV  currently stands as the dominant market leader in autonomous driving technology, particularly camera-based technology related to anticipating and avoiding collisions, not only with other vehicles, but also with pedestrians, animals, or other obstacles. The technology can also read lane markings, road signs, traffic lights, and identify barriers and other similar items.

With more than 80% market share and no other competing company considered a potential threat, Christian Muhr sees Mobileye NV ’s compound annual growth rate being as high as 50% or more as both semi and fully autonomous driving systems gain greater traction in the coming years.

For further information aboutMobileye NV  visit www.christianmuhrhk.com or send an email to info@christianmuhrhk.com