The TSLA robot talk had me looking around at other autonomous companies. I've heard of SERV in recent months, and then a couple derivatives of SERV.
SERV, which NVDA invested money in this year, sending the stock on a tear. Micro cap at below $400mil, barely any revenue yet, but that is expected to grow, and if estimates are true (and I've fallen for these estimates before which don't pan out) then it's there could be significant upside in the next couple years. As noted below they don't actually make robots so In California they already deliver for 7-11 they just signed a deal with Uber, for whom SERV will operate(not sell) 2000 delivery robots.
OUST makes the lidar for SERV. Another micro cap. But it does have rev's, is pretty cheap on those rev's at less then 4x, and those rev's have grown nicely, and expected to grow at even better rate looking fwd. Came public during the height of the Covid run, and has tanked since. Not a falling knife though as it has been basing around current levels for a year and a half. Currently a money loser, and that definitely plays into the stock tanking, but I don't think this is a stock which one would expect to make money. Way too early in the process for that.
MGA. A legit company, a "global automotive supplier" that has been in business and actually made money for years. The actual robots for SERV though this is only a drop in the bucket of their overall rev's. Cheap on P/E at 12x, big juicy 4.5% div, not much rev growth, but earnings are expected to grow substantially in the coming years. Chart looks like crap, 60% off Covid, so I'd probably make sure it has bottomed before buying in, but it is below pre Covid levels, and down near 10 year support levels. If it can get those margins/earnings to meet expectations this "should" go up.
