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5 Stocks to Profit From the Self-Driving Revolution

By Rex Moore and Eric Bleeker - Jun 18, 2016 at 9:38AM

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The biggest sea change the automotive industry has ever seen is just around the next curve, and billions of dollars are at stake. Here are five companies investors should be paying close attention to.

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 (TSLA -6.42%) 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 (NVDA -2.51%) and Qualcomm (QCOM 0.79%) 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 (NXPI 2.46%) and Texas Instruments (NYSE: TXN) are already proving themselves tough to beat.

Find out more about each of these companies in the video below.

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Stocks Mentioned

Texas Instruments Incorporated Stock Quote
Texas Instruments Incorporated
TXN
$169.81 (1.31%) $2.19
NXP Semiconductors N.V. Stock Quote
NXP Semiconductors N.V.
NXPI
$180.11 (2.46%) $4.32
QUALCOMM Incorporated Stock Quote
QUALCOMM Incorporated
QCOM
$131.60 (0.79%) $1.03
NVIDIA Corporation Stock Quote
NVIDIA Corporation
NVDA
$166.94 (-2.51%) $-4.30
Tesla, Inc. Stock Quote
Tesla, Inc.
TSLA
$663.90 (-6.42%) $-45.52

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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