Surge in Reckless Driving to Bolster Mobileye’s (NASDAQ:MBLY) Driver Assistance Business

Just on the surface, Mobileye (NASDAQ:MBLY) commands extraordinary relevancies due to its core driver assistance platform and the forward implications of full autonomy – one of the blue-sky opportunities in the artificial intelligence (AI) space. Still, post-pandemic realities, such as drivers becoming more reckless, could make the business even more compelling than originally expected. Therefore, I am very bullish on MBLY stock.

MBLY Stock Benefits from a “Reverse Target” Situation

Aside from the native relevancies of Mobileye’s driver assistance and autonomy innovations, MBLY stock benefits from the negative and persistent consequences of the post-COVID-19 new normal. As multiple news reports indicate, the pandemic sparked an increase in undesirable behaviors, including outright crimes. It’s enough that the matter deeply affected the bottom line for retailer Target (NYSE:TGT).