by Jack Delaney
Ahead of the inevitable Lyft IPO, the company just formed a major partnership with Magna.
Magna is the largest auto parts supplier in North America. In the partnership, the duo will manufacture autonomous vehicle systems.
However, there's an even bigger profit opportunity for investors in the self-driving car industry...
We found one of the best tech stocks for our readers to buy now.
This company is revolutionizing the auto industry.
Here's everything you need to know about your next profit opportunity.
by Jack Delaney
The best way to invest in driverless car stocks is to own shares of companies making autonomous vehicle technology possible.
While auto manufactures battle each other for self-driving car sales, only a handful of tech companies will make all the money from outfitting these cars with sensors and software.
by Stephen Mack
2017 is shaping up to be an exciting year for the top tech stocks. Let's take a look at four major areas of tech investing¬: marijuana, pharmaceuticals, the online revolution, and the car of the future.
My colleagues have been busy making lists of "Donald Trump stocks."
I've done some of that myself.
But maybe we should rethink that a little.
Trump has said he plans to act more like a chairman of the board, while Vice President-elect Mike Pence and the cabinet handle the nitty-gritty of government.
So maybe we should be talking about "Elaine Chao stocks"…
After all, Trump's pick for secretary of transportation will head up much of the president-elect's $1 trillion infrastructure improvement plan.
But more importantly to our interests here, she'll be in charge of regulating self-driving vehicle technology.
If Chao's history as deputy secretary of transportation under George H.W. Bush and secretary of labor under George W. Bush repeats itself, that's good news, because she's known for a light regulatory hand.
To us, that means public companies in the self-driving space are likely to see a big boost in share price over the next four years.
Especially the one we're looking at today.
You can already find its "pre"-autonomous driving technology in many of the most prestigious nameplates.
Its technology is the force behind two of the most "public" driverless car tests over the past couple of years.
And its shares are primed to soar as much as 40% in the next year alone.
Let's take a closer look at this "Elaine Chao stock"...
