There’s no doubt you’re familiar with the driverless vehicle revolution. But what you might not know is that one surprising company has taken a commanding lead in this space.
While companies like Tesla Inc. (NASDAQ: TSLA) and Alphabet Inc. (NASDAQ: GOOGL) get most of the headlines, today’s company is the one you actually want to invest in.
Now, this isn’t some flash in the pan company. It’s actually been in business for over 180 years.
Its long tradition as one of the most trusted names in its field hasn’t stopped it from embracing new technology, though. And it’s not just tinkering with driverless technology for applications in the future.
Autonomous vehicles are generating a significant portion of this firm’s revenue today.
In fact, these vehicles might be more revolutionary than those Elon Musk is trying to build. That’s because the industries using them have such a profound impact on our economy as a whole – more so than the cars people drive to work and back.
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And while driverless technology has already given this stock a good run of success – it gained 52% in 2017 – our Money Morning Stock VQScore™ system just gave it a top score. That shows that there are still more gains to come from this tech leader.
Though “tech leader” might not be the first thing you’ll think of when you hear the name…
How Two Decades of R&D Are Paying Off in Spades for This Iconic Vehicle Maker
About the Author
Stephen Mack has been writing about economics and finance since 2011. He contributed material for the best-selling books Aftershock and The Aftershock Investor. He lives in Baltimore, Maryland.
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