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15 handpicked stocks

Driving The Future: NYC's Autonomous Push

Waymo, Alphabet's self-driving car unit, has received its first permit to test autonomous vehicles in New York City, a major step forward for the industry. This development could boost companies that provide the critical hardware and software powering the future of autonomous transportation.

Author avatar

Han Tan | Market Analyst

Published on August 23

Your Basket's Financial Footprint

Market cap summary and investor key takeaways for the provided basket.

Key Takeaways for Investors:
  • Large-cap dominance generally implies lower volatility, more stability, and closer tracking of broad-market moves.
  • Use as a core, long-term holding rather than a speculative, high-risk trade.
  • Expect steady long-term appreciation; unlikely to deliver explosive short-term gains.
Total Market Cap
  • GOOG: $3.03T

  • GOOGL: $3.03T

  • TSLA: $1.47T

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About This Group of Stocks

1

Our Expert Thinking

Waymo's historic NYC testing permit signals a breakthrough moment for autonomous vehicles in complex urban environments. This milestone could accelerate regulatory acceptance worldwide and unlock massive commercial opportunities for the entire self-driving ecosystem, from AI software to critical hardware components.

2

What You Need to Know

This group spans the complete autonomous vehicle value chain - from tech giants developing core AI systems to specialised firms producing essential sensors and computing platforms. These companies are positioned to benefit as cities worldwide follow New York's lead in embracing self-driving technology.

3

Why These Stocks

Each company was handpicked by professional analysts for their strategic role in autonomous vehicle development. They represent key players across hardware, software, and vehicle manufacturing - offering diversified exposure to this transformative technological shift gaining real operational momentum.

Why You'll Want to Watch These Stocks

🚗

Historic NYC Breakthrough

Waymo's first-ever NYC testing permit could trigger a domino effect of regulatory approvals worldwide. Success in Manhattan's chaotic streets would prove autonomous technology is ready for any urban environment.

🔮

Massive Market Awakening

The autonomous vehicle market is shifting from experimental to commercial reality. Companies supplying essential sensors, AI systems, and computing hardware are positioned for explosive demand as cities embrace self-driving technology.

First-Mover Advantage

These carefully selected companies are already building the infrastructure for tomorrow's transport revolution. Getting in early means capturing value as autonomous vehicles transform from science fiction to everyday reality.

Get the full story on this Basket. Read our detailed article on its risks and potential.

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