Neonode Inc.'s legal victories against tech giants have revived its IP value and triggered a dramatic stock rally, with potential settlements worth hundreds of millions. The company's pivot to pure licensing—no hardware, high margins, minimal overhead—positions it for scalable, asset-light growth if it can secure repeatable royalties. Neonode's tech is embedded in over 95 million devices and sits at the intersection of rapidly growing gesture control, optical sensor, and contactless touch markets.
Does Neonode (NEON) have what it takes to be a top stock pick for momentum investors? Let's find out.
Neonode (NEON) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 1 | $1.74 | $0.85 | -$0.89 | -51.15% |
Joseph Castro Nuveen LLC | 13,633 | $347,642 | $11,857.98 | -$335,784.02 | -96.59% |
Bobby Adusumilli SJS Investment Consulting Inc. | 1 | $1.4 | $0.86 | -$0.54 | -38.57% |
Michael Byun SageView Advisory Group LLC | 10 | $18 | $8.53 | -$9.47 | -52.61% |
| HFT Hui Fai Tam Caitong International Asset Management Co. Ltd. | 2 | $2.8 | $1.7 | -$1.1 | -39.29% |
| Automobile Components Industry | Consumer Discretionary Sector | Pierre Daniel Alexus CEO | NASDAQ (CM) Exchange | 64051M709 CUSIP |
| SE Country | 40 Employees | - Last Dividend | 1 Oct 2018 Last Split | 13 Aug 2007 IPO Date |
Neonode Inc. operates globally, engaging in the development of advanced optical sensing solutions. Established in 1997, the company is recognized for its innovative technologies that facilitate contactless touch, touch, and gesture sensing across diverse markets. With its headquarters in Stockholm, Sweden, Neonode has widened its operational reach to include key markets in the United States, Japan, South Korea, Germany, Switzerland, France, Sweden, and China among other countries. Neonode's solutions find applications in a broad array of sectors including office equipment, automotive, industrial automation, medical, military, and avionics, showcasing the company's versatility and commitment to enhancing interaction between humans and machines.
Neonode's portfolio boasts a variety of optical sensing solutions and products designed to cater to different market needs: