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Luminar TechnologiesThe Motley Fool
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81% Informative
Lidars, also known as LiDAR (light detection and ranging) systems, use lasers to detect the distance of surrounding objects and create detailed digital maps.
Luminar established an early-mover advantage in the nascent lidar market when it was founded in 2012 .
But today , it faces stiff competition from similar companies like Cepton , Velodyne Lidar , and Aeva .
On rare occasions, Motley Fool analysts issue a “ Double Down ” stock recommendation for companies they think are about to pop.
Now is the best time to buy before it’s too late, and there may not be another chance like this anytime soon.
Right now, we’re issuing " Double Down " alerts for three incredible companies.
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