How Concerned Are We About Mobileye Stock? 

While investing in technology stocks is a complicated business, we try to make our methodology as straightforward, transparent, and objective as possible. In order to build out our Nanalyze Disruptive Tech Portfolio and cover the key investment themes that we believe will be most impactful in the future, we have had to make some hard choices in some categories with slim pickings. For example, the SPAC-ification of stocks a few years ago introduced a bunch of companies to the public markets before they were ready to perform. That’s why we only like several out of more than 100 SPACs we’ve covered over the years. Nanotechnology in the form of gene-editing and synthetic biology is another high-risk sector where we have placed a few bets because we believe the investment thesis is solid, despite underperformance by specific stocks.

Last year, we decided to go long Mobileye (MBLY) stock because we believe in the long-term disruptive potential of self-driving cars. As the market leader in advanced driver-assistance systems (ADAS) with a focus on developing autonomous vehicle (AV) technology, Mobileye represents the best opportunity to invest directly in the AV theme outside of maybe Tesla (TSLA). When reven