Wednesday, June 8, 2016

7 Self-Driving Car Stocks to Buy for the Autonomous Revolution

The Jetsons burned the image of flying cars into our collective consciousness…but that technology might take a while to arrive. The more immediate futuristic automotive tech is that of the self-driving car. For investors, this means looking for stocks to buy that will benefit from the advent of self-driving cars now.

Fully autonomous vehicles that require no human intervention won't be here until the 2020s — they're still five or six years out at the minimum — and knowing the way government works, the longest part of the process will be getting all the laws set up.

In the meantime, there's a flurry of multibillion-dollar companies dedicating tons of resources to bringing self-driving cars to fruition, and bare-bones autonomous driving technology is already commercially available, with Tesla Motors Inc (TSLA) being the shining example.

Without further ado, let's take a look at self-driving car stocks to buy if you believe in the industry.

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Source: 7 Self-Driving Car Stocks to Buy for the Autonomous Revolution

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