Even the most inexperienced traders should know: when you get in on a trade before everybody else has realized its potential, you’re in line to make a huge profit.
While there’s still profits to be made in the rapidly growing autonomous car industry, this will put you one step ahead of everyone else.
I’m talking about trading companies that produce something the autonomous cars couldn’t survive without.
This play will have you thinking outside the box so you can be the first to pull profits from this ready-to-explode industry behind the experts’ backs …
When Wall Street is obsessing over the newest craze, the savviest investors are looking at what that new craze relies on to survive.
Obviously, the autonomous car industry has been a money-printing machine for those who started investing from day-one, but if you step back for a second, you might see that there’s a sub-sector quickly rising up within this industry.
If I asked you what the most important aspect of an autonomous car is, you might say the battery, the self-driving technology, or the engineers behind the technology, but you’d be missing one all-important factor: the map.
Autonomous cars don’t use the same maps we use to get around; they use HD maps.
HD maps outline specific turns and stops, but one of their most important features is indicating road terrain and hazards.
HD maps point out potholes, construction, road signals during adverse weather conditions, and much more.
You could say that they’re the nucleus of autonomous cars.
While the big tech companies like Google (GOOGL) and Apple (AAPL) are developing their own maps, other autonomous car companies are relying on external technology.
That’s where your profits are going to come from.
While these HD map companies—DeepMap, Carmera, etc.—can’t be traded publicly, you should keep a close watch to see which ones are being bought by the companies that you can trade.
The most recent acquisition of an HD map company was by Intel (INTC) when it bought Mobileye for $15 billion. Not long after, the company penned deals with Volkswagen, BMW, and Nissan.
Intel stock grew 6.5% shortly after this deal was announced.
This stock’s movement is a prime example of how you can get in early, and be the first to pull profits from these vital autonomous car aspects, while the experts will all be missing out on huge gains as autonomous cars roll onto our streets.
Can you think of any other components of this rapidly growing industry that could bank you some big gains? What about in the other up-and-coming industries?
I’ll be keeping an eye out for the next big thing in order to keep you as informed as you can be.
