J.P. Morgan Storms Into the LiDAR Space; Here Are 2 Stocks That the Banking Giant Likes

With the objective of providing a high-resolution 3D view of their environment, LiDAR (light detection and ranging) sensors are set to be a mainstay in autonomous vehicles.

While not all have been proponents of the technology – Elon Musk, for one, has stated in the past that he is not a fan – J.P. Morgan analyst Samik Chatterjee says the “debate around value-add of a LiDAR in a sensing suite has been long settled.”

The decision to forgo the use of lidar more revolves around costs…

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