return to the conservatory
$Serve Robotics (SERV.US)$ has been having a stellar performance since June, with Nvidia announcing their second buy-in. With a far-away price of $2.20 rising all the way up to $21, many investors gained their best returns for the year, apart from the mothership itself.
However, this company had never hit anywhere near the ATH after that day, and after a few days of red, it now lingers around 12 to 15 dollars, where most of the analysts price it to be.
While they had a strong partnership and increasing sales numbers for the past year, it is undoubtedly a challange moving forward as other companies are taking on their own robotics. The current worldwide dampening also led to some estimating the company will hold back on the optimism.
Nonetheless, this is a valuable gem that will reward investors at least in the mid term (3 to 10 years).
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