Hi, and welcome. Today I’m looking into a new Louis Basenese stock teaser about a “potential Apple Car supplier” that he believes could be a “64x opportunity.”
“In short: We could be sitting on a 64x opportunity, best case scenario… enough to turn $1,000 into $64,000…. but only if you get your money into this $5 stock today…”
What’s the spruik?
In short, Basenese says he’s found a “tiny $5 company” with a solution that’s “a massive leap forward in LiDAR vision.”
And he believes that a “full takeover of this company would be a no-brainer for Apple,” suggesting that this could send its shares soaring in the process.
He didn’t reveal the name of the company in the presentation.
Instead, he details everything in a report called “The 64X Apple Car Windfall,” which comes with a $995 subscription to a service he runs called Micro-Cap Advantage.
So let’s take a look at the clues Basenese shared in the presentation to see if we can uncover what stock he’s pitching.
The Spruik: 64X With “Apple’s Secret Supplier?”
Louis (Lou) Basenese’s latest pitch centers around the idea that Apple is going to dominate the self-driving car market and leave competitors in the dust.
He talked about companies like Tesla, Amazon, and Ford (among others) are jumping into the autonomous vehicle trend but how, once Apple “throws its hat in the ring,” it could be game over for everyone else involved.
“But EVERY. SINGLE. DIME. invested in these early efforts could all soon turn to dust…
Because once Apple throws its hat in the ring — launching the Apple Car — it could be GAME OVER for everyone else involved!”
It’s no secret that Basenese’s a big fan of Apple, and he claims to have made numerous predictions about Apple over the years that have turned out to be true.
For example, he claims to have predicted that Apple would become a trillion-dollar company, leverage mobile payments, expand its service revenue, and introduce biometric security features to its iPhone.
This time around, Basenese’s prediction centers around the Apple Car, a project Apple Inc. is reportedly working on (dubbed “Project Titan”) to develop a self-driving electric vehicle.
At this stage, it’s all rumors and speculation because, according to Wikipedia, Apple has yet to openly discuss any of its self-driving research.
However, the general consensus among experts is that the company is working on an Apple car and that it could launch within the next several years.
Needless to say, Lou Basenese seems convinced that Apple’s working on a self-driving car. And in the presentation, he claimed they had opened a “secret” lab codenamed “SG5.”
“Because currently, Apple is hard at work developing a brand-new, groundbreaking device to DOMINATE self-driving cars and take them mainstream!
Apple quietly opened a ‘secret’ lab just minutes away from its Cupertino headquarters…”
“And in this lab, it’s widely believed that Apple is hard at work on its most ambitious product ever.
Code-named ‘SG5,’ credible sources believe the lab’s highest purpose is…
To create the Apple Car!”
I researched that to find out what he was talking about. And it turns out that was a 2015 report from AppleInsider about a building in Sunnyvale, California Apple was rumored to be using to develop the car. Although, like everything else, this was (and still is) speculation.
Nevertheless, Lou Basenese is predicting that “Apple will soon go live with its version of a fully electric autonomous vehicle.” But instead of buying Apple shares, he believes that there’s a “much better way to profit from Apple’s next move.”
“There’s a much better way to profit from Apple’s next move…
You see, for one tiny company and its investors…
A company currently trading for only around $5 per share…
Apple’s move into the car market could be life-changing.
Because this tiny company could soon supply Apple with the crucial components needed for Apple to flip the switch and launch the Apple Car.”
The gist of Basenese’s prediction is that there’s a “tiny company” that could supply Apple with the “crucial components” it needs to launch its autonomous vehicle. And he believes that should Apple go “live” with its Apple Car, it could send this company’s shares soaring.
“I believe I’ve identified one that could provide critical components to The Apple Car.
And soon after Apple goes ‘live’ with its Apple Car…
This tiny company’s $5 per share stock could SOAR 6,329%!”
What’s more, Basenese suggests that Apple could end up buying this company:
“While Apple could strike a deal with this company to supply them with critical Apple Car components…
These deals can sometimes get messy.
Especially when you have a company like Apple, with the sheer volume of orders it would need to potentially sell all its millions upon millions of cars…
And only a tiny company that may not be able to meet demand.
There’s NO reason Apple wouldn’t simply BUY this company outright!
Sending shares through the roof when they do!”
I think it goes without saying that this is all highly speculative.
Not only do we not know for sure if or when the “Apple Car” will be released, but there’s no proof that the company Basenese’s talking about is supplying Apple with anything.
And even if it is, which is theoretically possible, that still doesn’t mean Apple will buy out this “tiny company” or that its stock will “soar” in the future.
In any case, I was curious to know what company Basenese was referring to, so I looked into his clues. And in the next section, I’ll show you what company I think he’s teasing.
What “Tiny $5 Company” Is Lou Basenese Teasing?
According to Lou Basenese, the company he’s teasing has developed a solution for light detection and ranging (LiDAR) technology that, from what I understand, could allow vehicles that use LiDAR to essentially “see” better.
And he claims the company’s solution is a “massive leap forward in LiDAR vision.”
If you’re unfamiliar with LiDAR, it’s a technology that some self-driving cars use to help navigate and essentially “map out” the surrounding area using lasers.
There is some debate over whether LiDAR or cameras are better for self-driving cars, but the general consensus seems to be that there are pros and cons to both approaches.
And the article I just linked to points out some of the main differences, so I recommend checking that out if you want to know more.
In any case, Lou Basenese seems to think that LiDAR is the future. However, in the presentation, he said that there’s a problem with existing LiDAR systems.
“But the problem is, these current low-quality LiDAR systems leave large gaps between the light bursts and the data that’s returned…
In other words, current LiDAR misses many, many parts of the field of view in front of it.”
I’m not an expert on how LiDAR technology works, but based on what Lou Basenese talked about in the presentation, his main concern appears to be these so-called “gaps.” And according to Basenese, the company he’s recommending has a solution.
“Because this tiny company’s tech uses something called ‘optical architecture with contiguous pixels.’
This means the light laser illuminates the entire field of vision…
And, get this…
Because of the ‘contiguous pixels’ data that reports back to the state of the art sensors…
The field of vision has ZERO gaps.”
I decided to see what I could learn about “contiguous pixels” because up until now, I’d never heard anything about this lol… let alone understand how it relates to LiDAR. And that led me to a medium.com article about Innoviz’s LiDAR tech.
In short, the above article talks about the “gaps” Basenese mentioned in the presentation and compares its LiDAR system (InnovizPro), which uses contiguous pixels, with LiDAR sensors that don’t use contiguous pixels.
Long story short, that article (while several years old) appears to suggst that InnovizPro is capable of a clearer field of vision (without gaps) compared to other LiDAR sensors.
And given how similar the technology the article describes is to what Lou Basense talked about in the presentation, Innoviz was starting to look like a match.
But I looked into his other clues to be sure. In particular, I looked into a patent that Basenese shared a photo of in the presentation regarding LiDAR tech, which is the reason he says Apple could take over the company.
“The fact that this patent has been secured means something very critical and exciting:
It means that anyone who wants to access this company’s technology…
MUST. PAY. THIS. COMPANY!
And this is the exact main reason why Apple could take over this tiny firm entirely.
Because if Apple wants to truly DOMINATE the self-driving car industry, they NEED to go through this company!”
The patent Basenese highlighted in the presentation appears to be this one. And while I’m not going to speculate on how important this patent is (or isn’t), it belongs to Innoviz Technologies, so this looks like the company he’s teasing.
Innoviz also matches Basenese’s other clues in terms of market cap, and as of writing, its stock is trading at just under $5 per share.
So I believe Innoviz Technologies Ltd. (INVZ) is Basenese’s “Apple Car” pick.
What does the company do? Innoviz is an Israel-based company that specializes in solid-state LiDAR sensors and perception software for autonomous vehicles.
Its latest product is called InnovizTwo, and according to the company website, it’s cheaper and performs better than previous LiDAR generations.
Whether or not this company is a “potential Apple supplier” or not is pure speculation. I haven’t found anything to suggest that this is the case.
So only time will tell if Lou Basenese’s prediction plays out or not.
But this does appear to be the company he’s teasing and the one he discusses in the report called “The 64X Apple Car Windfall! A Self-Driving Play With Enormous Profit Potential.”
And if you want that report, which contains Basenese’s research, you’d have to check out his Micro-Cap Advantage service because it comes as part of the subscription.
Recommended: Go here to see my #1 rated stock advisory of 2022
What Is Micro-Cap Advantage?
Micro-Cap Advantage is a stock advisory service run by Lou Basenese of Trend Trader Daily that he claims has one purpose: hunting down “potentially explosive micro-caps.”
A micro-cap stock (AKA penny stock) is a publicly listed U.S. company with a market capitalization of less than $300 million.
If you pick the right microcap at the right time, the potential can be significant. But these stocks can also be incredibly risky and volatile. So these types of companies are typically suited to people with a higher-than-average risk tolerance.
Nevertheless, this is what Basenese focuses on with Micro-Cap Advantage.
For $995, subscribers get access to 12 new micro-cap recommendations over a 12-month period, as well as the “Apple Car” report I mentioned earlier, access to the model portfolio, and other resources aimed at helping subscribers follow Basenese’s stock picks.
And from what I can tell, most of his picks center around tech and biotech companies.
Who Is Lou Basenese?
Lou Basenese is a former Wall Street analyst with 20 years of experience in finance. He’s also a self-proclaimed Apple prediction guru and owner of Trend Trader Daily, a company that sells numerous stock picking and trading services.
His flagship service is called Digital Fortunes, but he also runs Micro-Cap Advantage and several other services on the Trend Trader Daily website.
I’ve written about several Lou Basenese stock teaser presentations on this site. Most recently, I uncovered his “Area 52” (quantum microchip) pick, and before that, I wrote about his “Appleverse” stock pick. So check those out if you want to see what else he’s pitched.
Lou Basenese’s “Apple Car” presentation focused on Apple’s rumored self-driving vehicle project and a company that he believes is its “potential supplier.”
Basenese claims to have predicted numerous other Apple-related trends, so he seems to have a feel for this sort of thing.
But that doesn’t mean his latest prediction will come about.
Maybe it will. Maybe it won’t. I have no idea.
What I do know is that the whole thing is pure speculation at this point.
And even if Basenese is right, there’s no guarantee that ANY company will see the types of gains he suggested in the presentation.
So I wouldn’t sign up for his service (or any service) hoping to get rich overnight because that’s unlikely. In fact, it’s possible to lose money because investing involves risk.
Anyway, that’s my take. Thanks for reading. And if you’d like to share your thoughts on any of this, feel free to drop a comment below.