Can Mobile Eye Make You Money?

Let’s talk about Mobile Eye (NASDAQ:MBLY).

The stock is down a lot, with all the other high flyers, but made a huge reversal intra–day on Monday. I think it’s found a bottom, but I think it will go significantly higher.

I’m going to remind you, it's very volatile, but the company has hundreds of original equipment manufacturing deals in pipeline. It is going to grow at least 60% every year for the next five years. They did $33 million in revenue last quarter, $20 million was free cash flow. They do pedestrian collision, lane departure, forward collision. I’m looking for the stock to rally north of $60.

Now let’s talk about GT Advanced Technologies (NASDAQ:GTAT). They didn't make the cut with the iPhone, but I still think it’s a serious long deal. I think Apple (NASDAQ:AAPL) will be a real big part of their future, beginning with the iWatch.   There are still skeptics, and one firm looking for $9 on the downside. That means you want to use $10.50 as a stop, on top of that look for a move to $12, and then a breakout to take you to $15.

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