How to Invest in Autonomous Cars

Autonomous cars are the wave of the future, and the future is here. An autonomous car is a self-driving car, and many major companies are involved in producing them. If you saw the 60 Minutes episode recently, you know the capabilities of these vehicles.

Obviously, for most of these companies, autonomous vehicles will be a small part of their business. Here are the big players:

Google (GOOG) (GOOGL)
Apple (AAPL)
Delphi Automotive (DLPH)
Nissan Motor (NSANY)
Tesla (TSLA)
General Motors (GM)
Daimler (DDAIY)

Investors might also want to take a look at the suppliers.

Tesla and General Motors used products made by Mobileye (MBLY), which designs and develops software and technologies for camera-based advanced driver assistance systems.

The  chips made by NVIDIA (NVDA) are used by Google, Tesla, Delphi, and Audi (AUDVF)

LG Chem (LGCEY) is the South Korean company that makes batteries for Google's autonomous cars.

I hope I'm steering you straight, as I don't think any of these companies will crash and burn. Hopefully some of these companies will drive your portfolio to new highs. Check out these stocks on some of the free stock lists at WallStreetNewsNetwork.com.

Disclosure: Author owns AAPL, NSANY, DDAIY.

By Stockerblog.com