Citigroup Says 'Buy General Motors and Mobileye', Cites Mobileye Potential & GM's Overlooked Innovation Position


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Shares Mobileye are up ~1.5% in Tuesday premarket trading following comments from Citigroup citing advances in machine vision/deep learning increases allowing for mono cameras to perform basic automation tasks such as assisting in traffic jams and adaptive cruise control.
Shares of General Motors are down ~0.30% after Citigroup lists 4 ways GM could gain share value:

  1. A subscription-based model could be additive to LT profits,
  2. GM could have an early-lead + superior offering to peers, at least for some time,
  3. Each 1pt of U.S. share = $~0.50 EPS;
  4. OnStar could be ascribed rea value in GM’s SoP (we’ve previously valued OnStar at $7-9 billion).

As for why GM was signled out in a sector where any automaker could shine Citi says:

"...we single GM out in this exercise is because of GM’s early-lead and experience with embedded connectivity through OnStar LTE".


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: Analyst ColorAnalyst Ratings