Trade Call on Serve Robotics
-2.67%current return
"The first stock we're looking at in today's video to add $100 into your portfolio is none other than Serve Robotics. Serve Robotics is a very strong company, a lot of potential going forward with the fact that they are going to have potentially a thousand robots in the fleet on the street and operating by the end of this year and it looks like they're going to achieve that goal. One thing I want to point out is Serve Robotics has also partnered with Door Dash. At the current price of $14.80, it's a pretty good buy. My AVP shows the stock is between $11 and $13.95, so basically, we're right at the top of my AVP. It seems like a smart opportunity to dollar cost average into this promising play."
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The speaker explicitly recommends buying Serve Robotics, citing its rapid expansion with a projected fleet of 1,000 robots and notable partnerships with Uber Eats and Door Dash. The trade call is supported by an AVP range analysis and the current price being near the top of the favorable range, making it a strong candidate for a dollar-cost averaging strategy.
High ConvictionScore: 8.5
Stock Idea •Invest With Corey • 4 days ago