The recent developments in the automobile sector have seen a number of tech companies procure not just name and fame, but also rewarding future prospects. Market research has suggested that, with such full fledged advancements on the road- it is very prominent to spark a new wave of investment opportunities. Not surprisingly, many tech companies are set to ride this wave.
This wave has been captured accordingly in a report released by Morgan Stanley, known as the – “Autonomous 30.” The report highlights 30 various stocks across the distinguished industries, that are believed to be favorably exposed to this growth opportunity. The list is primarily dominated by Tech Supremos, which wasn’t really hard to fathom.
The list comprised of the usual suspects like, Chip makers – Nvidia along side other Internet Giants like Amazon and Facebook. Going into the specifics, a couple of Semiconductor Manufacturers like Ambarella, Intel and Xilinx made the cut with other Hardware/Software/Internet/Media related companies.