Mobileye: Strong Long-Term Upside, Exaggerated Sell-Off

/ 4 0 Ethan Miller Investment Thesis Mobileye (NASDAQ:MBLY) remains the definite leader in advanced driver-assistance systems. As this market is moving towards more advanced systems (ultimately fully autonomous), the average price of its systems will continue to increase over time, leading to revenue growth far larger than any macro issues related to the overall (roughly flat) automotive industry. Background In previous coverage in February, Mobileye was called a top pick after its stock decline. Since then ...