Aeva: Buy 4D LiDAR On The Dip
Aeva missed Q1 financial targets, but the investment isn't based on 2021 results. The company announced an encouraging landmark deal, but the lack of details worried the market. The stock trades nearly 20% below the SPAC deal price, providing a speculative opportunity. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our model portfolio. Learn More » Read the full article on Seeking Alpha. Disclosure: No position mentioned. Please review the disclaimer page for more details. Update - June 14 Didn't get the same press as the other lidar stocks, but $ AEVA is joing the Russell 2000 as well. The stock is very appealing back at $10. -MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Aeva Technologies, Inc. (AEVA) (NYSE: AEVA, “Aeva” or the “Company”), a leader in next-generation sensing and perception systems, today announced that it is set to join the small-cap Russell 2000® Index and broad-market Russell 300...