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MicroVision vs. Aeva Technologies: Which Lidar Stock is a Better Buy?

Stock Markets46 minutes ago (Jun 02, 2021 05:30PM ET)

(C) Reuters. MicroVision vs. Aeva Technologies: Which Lidar Stock is a Better Buy?

Lidar sensors are a core component for autonomous vehicles and have come under the spotlight as auto manufacturers and tech companies continue to invest heavily in self-driving vehicles. Given the rapid advancements and the disruptive nature of this industry let’s see if MicroVision (MVIS) or Aeva Technologies (AEVA) should be on your buying list right now.Investing in emerging technologies is always an exciting way to generate accelerated returns. While the self-driving space has attracted massive investments, it makes sense to consider ancillary companies part of the Lidar (Light detection and ranging) vertical. Here, we look at two such stocks,MicroVision (MVIS) and Aeva Technologies (AEVA), to see which is a better buy today.

MicroVision slumps post earnings

MicroVision develops lidar sensors that are used in automotive safety and autonomous driving applications. The company’s laser beam scanning technology is based on micro-electrical mechanical systems, laser diodes, electronics, optomechanics, algorithms, and software.

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MicroVision vs. Aeva Technologies: Which Lidar Stock is a Better Buy?

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