As we sit and wait for the inevitable Lyft IPO, the ride-hailing company is building a foothold in the self-driving car market.
But we're more excited about investing in a leader in the autonomous vehicle industry right now...
Best of all, what we're about to show you offers two profit opportunities...
One could net a return of 23.65% in the next 12 months, and the other could be even more profitable, with possible returns of 47.12%.
Now, it's still important to know that Lyft is collaborating with Magna, the largest auto parts supplier in North America, to manufacture autonomous vehicle systems. This shows how the company could expand beyond just offering rides.
In addition to the partnership, Magna is also investing $200 million in Lyft. But we still have no indication of when the Lyft IPO will actually happen.
That's why we wanted Money Morning readers to know about self-driving car stocks you can profit from today. And the timing of these picks has never been better...
How to Make Double-Digit Gains from the Driverless Car Market
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Aptiv Plc. (NYSE: APTV), formerly known as Delphi Automotive, designs and manufactures vehicle components and also provides electrical and electronic technology solutions.
And its Electrical/Electronic Architecture division could be the biggest revenue driver for the company.
URGENT: An obscure billionaire took an eight-figure stake in a tiny tech firm that could see a 3,982% sales surge - which is why you need to act by March 31. Strike now for a shot at becoming a millionaire this month. Learn more...
Aptiv has acquired 11 companies since 2012 that specialize in electrical architecture and software. This electrical architecture is required for autonomous vehicles to function properly.
The Electrical/Electronic Architecture (E/EA) division made it possible for an Audi SQ5 SUV to travel 3,500 miles, from San Francisco to New York City, without a driver. There was only one person onboard to make observations and monitor the technology.
The driverless car was able to merge with highway traffic, navigate four-way intersections, and maneuver around pedestrians and bicyclists.
It cost Aptiv more than $1 million to equip the car with sensors and software, but the company was glad to do it. Aptiv can boast that it outfitted the vehicle that made the first driverless auto crossing of the United States.
Aptiv CEO Kevin Clark told USA Today on May 4 that his company is "the only supplier in the industry that has both the electrical architecture that controls computing power, controls signal distribution, and the software capability to develop the systems for autonomous driving."
And Clark made an aggressive move to ensure his company stays at the forefront of the self-driving car market.
On May 3, 2017, the company said it would spin off its $4.5 billion Powertrain Systems division into a separate, publicly traded company.
"The breakup will make it possible for Wall Street to more highly value Delphi's core high-tech unit - which has developed industry-leading artificial intelligence computing platforms, self-driving systems, and anti-collision technologies. So we're getting a two-for-one here: a winner in the 'car of the future' and - with the Powertrain spin-off - a stake in the 'car of the now.' That's okay, because 95% of the world's cars will still run on gasoline through 2025," Money Morning Director of Technology & Venture Capital Research Michael Robinson said.
On Dec. 5, 2017, the tax-free spin-off was completed.
Delphi Automotive was renamed Aptiv Plc., and the spin-off company was named Delphi Technologies Plc. (NYSE: DLPH). Shareholders on record as of Nov. 22, 2017, received one share of Delphi Technologies for every three shares of Delphi Automotive they previously held.
Delphi will run the Powertrain segment, which will optimize vehicle propulsion systems.
"We really like spin-offs here - because they work. A Lehman Bros. study found that spin-off companies beat the market by 40% in the first two years. And a Penn State University study found a three-year return of 76% - enough to beat the market by 31%," Robinson said.
And BMO Capital Markets is just as bullish as Robinson on the DLPH stock price...
In the next 12 months, BMO expects the DLPH stock price to climb to $70 per share. From yesterday's (March 15) closing price of $47.58, that's a potential profit of 47.12%.
RBC Capital Markets is also bullish on the APTV stock price, expecting it to climb from yesterday's closing price of $88.96 to $110 per share.
That's a potential 23.65% climb in the next 12 months.
On top of that, Delphi pays a dividend of $0.29 (a yield of 1.39%). Aptiv also pays a dividend of $0.88, a yield of 0.99%.
That's modest, but the dividend payouts are an additional bonus for tech investors.
Generally, tech companies reinvest profits back into the business and don't pay dividends. For example, Tesla Inc. (Nasdaq: TSLA) doesn't pay shareholders a dividend.
So not only are APTV and DLPH growth stocks, they also provide shareholders with more money through dividend payouts.
And while Robinson is bullish on APTV and DLPH, he has a time-sensitive profit opportunity we had to make sure Money Morning readers know about...
Ground-Floor Profit Opportunity
On April 1, a federal mandate requiring the nationwide deployment of a miraculous life-saving technology will start being enforced, with the potential to unleash a $2 billion cash grab.
3.63 million Americans are legally required to obtain these safety devices - and only one small tech firm can fulfill this mad dash.
Get the details on a potentially millionaire-making opportunity here.