The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Aurora Innovation, Inc. (NASDAQ:AUR) is one of the best momentum stocks to buy according to analysts. Morgan Stanley lifted the price target on Aurora Innovation, Inc. (NASDAQ:AUR) to $14 from $12 on May 7, reiterating an Overweight rating on the shares.

In a separate development, Aurora Innovation, Inc. (NASDAQ:AUR) announced on May 13 the start of autonomous freight operations in Texas by Volvo Autonomous Solutions and DSV, with the first commercial truckload hauled using the Volvo VNL Autonomous.

The initiative aims at expanding to additional lanes over time, with the Volvo VNL Autonomous built for deployment in long-haul freight operations and integrated with the Aurora Driver. Management stated that V.A.S. is launching autonomous transport services for DSV between Aurora’s terminals in Dallas and Houston. A safety driver will be present in the vehicle during the initial phase, which is in line with Volvo’s current operational mode. It further stated that through the collaboration, DSV and V.A.S. aim to bolster day-to-day performance and build operational experience to support expansion to additional routes.

Aurora Innovation, Inc. (NASDAQ:AUR) is involved in the design and development of automobile hardware, software, and the provision of data services. Its offerings include the Aurora Driver, which allows a vehicle to drive itself.

While we acknowledge the potential of AUR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.

Disclosure: None. Follow Insider Monkey on Google News.