Aurora Innovation (AUR) Gets Buy Rating From Craig-Hallum

Aurora Innovation, Inc. (NASDAQ:AUR) is one of the 10 Best Stocks to Buy Under $10. On June 4, Craig-Hallum initiated coverage on Aurora Innovation, Inc. (NASDAQ:AUR), giving the stock a Buy rating and setting the price target at $18 for the stock.

The research firm pointed to the company’s position as a leader in physical AI technology, with a focus on autonomous long-haul trucking through its Aurora Driver product.

Aurora Innovation (AUR) Gets Buy Rating From Craig-Hallum

Craig-Hallum noted Aurora Innovation, Inc.’s (NASDAQ:AUR) significant investments in research and development and its team of industry pioneers as key factors behind what the research firm sees as the most commercially advanced on-highway trucking product available in the market right now.

The research firm said that it also sees potential for Aurora Innovation, Inc.’s (NASDAQ:AUR) valuation to exceed $100 billion. The company currently has a market capitalization of around $12 billion.

Aurora Innovation, Inc. (NASDAQ:AUR) is a self-driving technology company. The Aurora Driver is a self-driving system that can operate various types of vehicles, including freight-hauling trucks and ride-hailing passenger vehicles.

While we acknowledge the risk and potential of AUR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AUR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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