Today’s issue in preview: - Autonomous vehicle usage is exploding. One high-risk stock to play it. - The most important Iran war news you’re not hearing in the mainstream press - Invest in surging AI power demand like a top hedge fund - Trends tend to persist and our recommendations keep soaring: AI infrastructure stocks, Power Grid Upgrade stocks, and oil stocks register another round of new highs. Autonomous vehicle usage is exploding. One high-risk stock to play it. Credit: Kinwun As you read this, the ROBO Global Robotics and Automation ETF (ROBO) is enjoying a major uptrend and trading near all-time highs. It’s fresh confirmation that the robotics megatrend is in full swing, creating wealth and stock winners as it marches ahead. Regular readers know that the robotics megatrend is one of my highest conviction investment ideas. We are in the early innings of a robotics boom that will deliver advanced industrial robots, humanoid robots, delivery bots, autonomous vehicles, and autonomous air taxis. For the past three years, I’ve urged friends and colleagues to invest in this trend, and I’ve written over a dozen research notes here in Money & Megatrends. Although humanoid robots like Tesla’s Optimus and Figure’s Figure 03 get most of the press (read here for how to invest), don’t forget that “robots on wheels” – aka autonomous vehicles – also are a huge potential market… and thus, a huge potential investment opportunity. In the future, we could have millions of autonomous vehicles driving us around and transporting a wide range of products and raw materials. And if this seems like a crazy forecast to you, just know that Alphabet’s Waymo subsidiary is now delivering over 500,000 fully autonomous rides per week in 10 U.S. cities. In autonomous cars, the competition is intense between Waymo, Uber
This High-Risk AI Stock Could Be a Big Winner in the <b>Autonomous</b> Boom
Read the original article
marketwise.com →