Keysight (KEYS) Solutions to Boost Automotive Innovation
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Keysight Technologies, Inc. KEYS is set to bring a suite of solutions to support automotive engineers and expedite autonomous and electric vehicle development, introducing its Charging Discovery System (CDS) at CES 2024. The CDS evaluates all AC and DC charging interfaces of electric vehicles and offers real-time emulation. Cost competitiveness and factory resource optimization are significant in the context of EVs, supported by Keysight’s EP1150A PathWave Lab operations to streamline test workflows and maximize battery testing lab efficiency. Keysight also offers a compact and efficient solution, the SL1700A Battery, which can effectively test EV batteries and empower engineers to develop higher capacity and density batteries. Keysight will showcase its automated IoT security testing features for automotive applications at CES 2024, and its strong electronic design and test solutions are in high demand due to the rapidly growing IoT services, wireless devices, data centers, and 5G technologies. Shares of the company have declined 8.8% over the past year compared with the industry’s fall of 1.8%. Keysight currently carries a Zacks Rank #5 (Strong Sell). Along with KEYS, other stocks to consider investing in include NVIDIA Corp. NVDA, United States Cellular Corp. USM, and Workday Inc. WDAY. NVIDIA is the worldwide leader in visual computing technologies and inventor of the GPU. It has delivered a trailing four-quarter average earnings surprise of 18.99% and is currently carrying a Zacks Rank #2 (Buy). USM is the fourth largest full-service wireless carrier in the United States and is a great stock to consider with its Zacks Rank #1. WDAY is a provider of enterprise-level software solutions for financial management and human resource domains and has a Zacks Rank #2.
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