Best stocks in the automotive industry
- Thread starter Jeff Kershner
- Start date
Uncle Joe stock pick: $REKR @2.28 per share.
Traffic Lights: Dumber Than Your Dishwasher
Summary: While we have self-driving cars and smartphones that can detect our face, our traffic systems still operate like it's 1970. Every day, millions of cars needlessly idle at red lights with no cross traffic in sight - wasting fuel, time, and patience. This inefficiency costs the US economy billions annually in wasted productivity and unnecessary emissions.
Investment Thesis - $REKR:Rekor Systems ($REKR) is leading the charge to modernize our primitive traffic infrastructure through their AI-powered Rekor One platform, which could reduce urban congestion by up to 40%. With major contracts already secured in New York and Florida, plus a massive $150M revenue pipeline, REKR is well-positioned to capture significant market share in an industry desperate for modernization. Their software-first approach delivers 95% gross margins, making them an attractive growth play as cities finally upgrade their decades-old traffic systems. While still early stage, REKR offers investors exposure to the inevitable smart city transformation - a market that can't stay stupid forever.
Traffic Lights: Dumber Than Your Dishwasher
Summary: While we have self-driving cars and smartphones that can detect our face, our traffic systems still operate like it's 1970. Every day, millions of cars needlessly idle at red lights with no cross traffic in sight - wasting fuel, time, and patience. This inefficiency costs the US economy billions annually in wasted productivity and unnecessary emissions.
Investment Thesis - $REKR:Rekor Systems ($REKR) is leading the charge to modernize our primitive traffic infrastructure through their AI-powered Rekor One platform, which could reduce urban congestion by up to 40%. With major contracts already secured in New York and Florida, plus a massive $150M revenue pipeline, REKR is well-positioned to capture significant market share in an industry desperate for modernization. Their software-first approach delivers 95% gross margins, making them an attractive growth play as cities finally upgrade their decades-old traffic systems. While still early stage, REKR offers investors exposure to the inevitable smart city transformation - a market that can't stay stupid forever.
I'd not heard of Rekor Systems but I'm glad someone is tackling this issue. Every time I'm stuck at a light, then at another, and another in succession with no cross traffic I curse any civil engineer who can hear me wailing from my car. Good idea and I hope they gain widespread adoption.
Browsing their website, I'm not a huge fan of their Rekor Scout product. Big brother just getting bigger. But I can see where the selling points are for law enforcement.
Yeah I'm not sure this isn't already happening. Every new vehicle made is a personal data/driving habit nightmare. Not exclusive to EVs.
It would be amazing to see gas under $1 again, and to have attendants pumping it for you, just like the good old days. As for the automotive industry, I think companies like Tesla, General Motors, and Ford are solid bets. They’re investing a lot in electric vehicles, which could be the future. If you're interested, you could check out trading terminal for some stock insights. It’s helpful for keeping an eye on the market. Would love to hear what others think, too!
It's like the universe is personally conspiring against you. Rekor Systems sounds promising for traffic flow, so fingers crossed it actually makes a difference. I agree about the Rekor Scout thing – definitely a bit creepy. It's a trade-off, I guess, between smoother traffic and potential surveillance. Hopefully, they can find a balance that doesn't feel too invasive.
I bought ACV stock after hearing that they have partnered with Amazon to provide trade offers.
I believe that in the foreseeabe future we are still going much lower in stocks and crypto because snp is much too high, my opinion.
