Is Mobileye Stock a Buy for 2024?

If there was any joy among automotive technology investors to kick off 2024, Mobileye Global (MBLY 1.46%) quickly kicked that to the curb. The company, which is nearly 90% owned by parent Intel (INTC -0.83%), is still finalizing its financial results for last year. There seem to be no issues for 2023. But the early outlook for 2024 was a zinger.After a couple years of stellar growth -- driven by higher demand for self-driving car tech and advanced driver assist systems (ADAS), as well as automakers' desire ...