I know many of you investors out there have heard a truckload about self-driving cars over the past several months (a lot of it from me).
And most of you are probably thinking it makes sense that many stocks in this sector are going to do well over the next 10 to 15 years.
So, with a long-term horizon in mind, where should you be looking?
After traveling together to both the huge CES show in Las Vegas and South by Southwest in Austin, Texas, fellow tech enthusiast Eric Bleeker and I sat down to discuss this very question. In the video below, we talk about five companies that are well-positioned to grab a big share of the market.
Tesla Motors (NASDAQ:TSLA) has proven that it's second to no other automaker when it comes to incorporating technology into its cars. For the brains behind these vehicles, NVIDIA (NASDAQ:NVDA) and Qualcomm (NASDAQ:QCOM) are good stocks in the machine-learning space. And for chips powering many of the features that you'll see in these cars, NXP Semiconductors (NASDAQ:NXPI) and Texas Instruments (NYSE: TXN) are already proving themselves tough to beat.
Find out more about each of these companies in the video below.
Eric Bleeker, CFA owns shares of Nvidia, NXP Semiconductors, and Tesla Motors. Rex Moore has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Nvidia, NXP Semiconductors, Qualcomm, and Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.