Joby Aviation: Technology Advantage Now Reflected In The Share Price (NYSE:JOBY)

Core Insights - Joby's stock has been stagnant recently, while investor interest has shifted towards sectors like quantum computing and nuclear energy [1] - Joby has shown strong performance in 2025, indicating potential growth despite current market conditions [1] Company Analysis - Narweena, an asset management firm, focuses on identifying market dislocations due to misinterpretations of long-term business prospects [1] - The firm aims to achieve excess risk-adjusted returns by targeting businesses with secular growth opportunities in markets with high entry barriers [1] - Narweena's investment strategy emphasizes company and industry fundamentals to uncover unique insights, with a preference for smaller cap stocks [1] Market Trends - An aging population with low growth and stagnating productivity is expected to create new investment opportunities, differing from past trends [1] - Many industries may experience stagnation or secular decline, which could paradoxically enhance business performance due to reduced competition [1] - The economy is increasingly influenced by asset-light businesses, leading to a declining need for infrastructure investments [1] - A growing pool of capital is competing for a limited number of investment opportunities, resulting in rising asset prices and compressed risk premiums over time [1]