We recently published 10 Best Small-Cap Stocks With Huge Potential According to Reddit as Market Looks Beyond AI Trade. Aurora Innovation Inc (NASDAQ:AUR) is one of the best small-cap stocks according to Redditors.
Pennsylvania-based self-driving technology company Aurora Innovation Inc (NASDAQ:AUR) is one of the best small-cap stocks to buy, according to Redditors. The company sells self-driving hardware, software, and data services for different vehicle types. The company’s management said in a recent earnings call that its platform crossed 100,000 driverless miles on public roads and maintained a “perfect driverless safety record.”
“Looking ahead to 2026, we expect to rapidly unlock lanes across the Sun Belt. Future planned expansions include lanes between Dallas and Laredo, a critical route for one of our key customers and between Dallas and Atlanta, which will extend the driverless I-10, I-20 corridor to approximately 2,000 miles. Launching driverless operations from Fort Worth to El Paso and soon in the Phoenix extension required us to validate behavior against dust storms, which are prevalent in some parts of Texas and Arizona,” the company’s CEO Christopher Urmson said during the call.
Read the full earnings call transcript.
Photo by Samuele Errico Piccarini on Unsplash
Aurora has five driverless trucks that are now regularly delivering customer freight, and the company is also planning to deploy a fully driverless truck without an observer next year.
The stock is down 36% so far this year.
While we acknowledge the potential of AUR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
