Duos Technologies Group Inc (DUOT)

[Adrian1]

Subject: Is Duos the next NVDIA?

Summary: NVIDIA announced their blowout results last night. I looked back at their historical share price and saw that in 2015, their share price was similar to Duos’ current price.

My Opinion: NVIDIA’s phenomenal growth is driven by their specialized chipsets focused on AI performance. Duos, an NVIDIA Metropolis partner, uses NVIDIA L4 GPUs to power its AI-enabled railcar inspection systems. Duos uses NVIDIA chipsets to drive specialized algorithms that are developed in-house by Duos, facilitating rapid identification and analysis of issues on railcars. Analysts discuss how NVIDIA’s current valuation which is 25x revenue is not necessarily expensive due to the perceived potential growth they could experience in the next several years. While Duos has not achieved its potential yet, the focus on AI, the switch to the subscription model and the orders of magnitude increase in the TAM that this allows, could bode well for Duos in the coming years.