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Libratus
Dec 29, 2020 8:19 AM

LAZR- Potential long-term bet Long

Luminar Technologies, Inc.NASDAQ

Description

LAZR's Lidar technology is a potential game changer. It can have far-reaching impact on numerous industries and it has numerous applications such as autonomous vehicle, drone and robot...etc. The addressable market will only continue to grow in the foreseeable future as the adoption rate accelerates.

That being said, autonomous vehicle is still at least 5 to 10 years away from gaining any real traction so LAZR is a risky long-term bet.

Open a small position in the demand zone and just let it ride.

Just my two cents. Not the financial advice.
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