The Investor Diary Entry #22: March 19, 2023
All I know is that I was looking into companies that fall within the Hydrogen Fuel industry last week. How I came around Aurora Innovation and it became my next target for stock analysis, I really don’t know!!
Once I saw the company and the industry as well as its stock price, Aurora Innovation stock analysis became on top of my research priority list for two reasons.
Reason number one is that it falls within the category of being in an infant industry that in my point of view has a great potential for growth. The Second reason is that it is a small cap company within an industry that has a potential.
Strategic Partnerships
One of the things that made me continue reading its latest annual report, is the strategic alliances that Aurora Innovations has. It has a collaboration with PACCAR, it bought the self-driving unit at Uber and created a strategic partnership with Uber.
In addition to PACCAR and Uber, Aurora has strategic partnerships with Toyota and Volvo. It was great to know that it was Volvo who approached Aurora to supply it with the technology for its trucking segment.
The Commercial Launch
The Launching plan seems logical and gradual. Aurora is now concentrating on the installing its technology into trucks first, and all its strategic partnerships are concentrated on understanding everything there is to understand about trucks.
The first commercial launch is expected to be in 2024, but there are considerable fears from investors, analysts, and pessimists that safety regulations might delay such commercialization to unforeseeable future.
For me the word delay is a great word; meaning that sooner or later autonomous driving is going to happen, and I want to be involved today in companies that seems to have a strong foot in the industry.
The Competitive Landscape
Aurora is not on its own in the industry, some of the very big names in both the automotive and technology sectors are either
working alone or in partnerships to develop their own autonomous driving.
To understand who is playing in the autonomous driving field, I asked Open AI in bing, and the answer was that the following names are among the top players in this field;
– Nvidia Corp. (NVDA)
– Tesla Inc. (TSLA)
– Ford Motor Co. (F)
– Volkswagen AG (VWAGY)
– Baidu Inc. (BIDU)
– General Motors Co. (GM)
When I asked for more names, it supplied the following;
– Alphabet Inc. (GOOG, GOOGL)
– Motional
– Magna International
– AutoX
– Cruise
– Waymo
– Swift Navigation
– Embark Trucks
– CARMERA
– Zoox
– Nauto
The funny thing is that when I asked if all these were public companies, the answer was positive, and when I asked about their respective tickers it only supplied two tickers and the rest of the names were tagged with the word “private.”
Of course, I am talking here about the second lists. The first list are for sure publicly traded companies, some I even own or have on my watchlist to own.
On the second list the two publicly traded companies were of course Google or Alphabet, and the second one was Magna International.
The competitive landscape is no joke, it is full of serious competition. Even some of the privately owned companies are joint ventures between big names either from the automotive industry or the technology sector or both.
When it comes to Aurora I feel that the thought is philosophical rather than just a business venture as I feel it is the case when it comes to the more established names. This is why I feel that my investment in Aurora is more sensible than investing in any other established name.
Furthermore, the other startups are not public companies; therefore, I cannot invest in them even if I wanted to.
What Is Next
Well tomorrow I want to check on my order that I still didn’t talk about in my diary yet. I found an Australian company that is looking for Hydrogen, and it is doing it along with an American company in Nebraska. This company is exploring Hydrogen and not trying to produce by use of technology.
All other companies that I was looking into were into producing Hydrogen through the use of technology, including Westport which is one that I invested in last week.
I hope that my order in this Australian company goes through. I will find out tomorrow. It is essentially a penny stock company; literally. It is extremely risky, but I invested a negligible amount. This negligible amount can make great value if things went in the right direction. If not, well, the loss is minimal.
I will continue reading the annual report for Aurora Innovation, but my concern is that my mind is becoming biased towards investing in it. Let us see.
Conclusion
My steps are becoming steadier in the strategy that I formulated, but due to personal time management issues that I am working on solving, I am not being able to create a practiced daily routine.
A daily routine, is like any other thing, one needs to practice it to be able to master it. In addition, practicing the daily routine, enables the person to make adjustments until arriving at the most relaxing and productive routine. Not being able to practice this daily routine daily, makes me slow in accomplishing my tasks; therefore, not being satisfied with my overall productivity.
If the routine is settled, then I will be more relaxed with the decisions that I am making. On the other hand, I cannot be to harsh on myself as I am managing big projects, maybe in one of my entries I will talk about them directly.
It is strange that until now I did not talk about all the projects that I am handling. I guess the reason might be that this diary blog is related to investment, and I wanted to concentrate only on this part.
I can understand this concentration methodology, but writing about the other project would allow me to study the way I am handling investment in light of all the other things that I am handling. I think this thing was also affected by not being able to write consistently in my diary. This goes back to the daily routine now and I don’t want to babble a lot about it.
The Investor
Sunday 19 March 2023
About The Author
I started to look into individual stocks in January 2022. I created this diary initially for myself to track my investing progress, and second as a place that I can share my ideas publicly hoping that others will share their ideas and learn from each other, and lastly as an online business where some links that I share are affiliate links, and if anybody bought anything by clicking those links I will get a commission based on that successful sale, which of course will not affect the price that you are buying the product or service at.
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