Today, I’m initiating coverage on ARLO Technologies (NYSE: ARLO).
In this video, I review the monthly, weekly, and daily charts, discuss the long-term aging-in-place investment theme, and explain why I’m establishing a preliminary buying guide below $14 with an initial price objective of $21.
While ARLO isn’t a high-growth biotech or AI company, it may offer investors exposure to a durable demographic trend through smart home security and subscription-based services.
Guide:
Buy Under: $14
Initial Target: $21
Disclosure: I do not currently own shares of ARLO. This video reflects my personal opinions for educational purposes only and is not investment advice
