The driverless car market is expected to be worth $42 billion by 2025, according to Boston Consulting Group. And while Tesla may be making the loudest noise, it isn't the only stock that stands to benefit from this huge influx of investment.
TipRanks has identified the top analysts on Wall Street and found which driverless car stocks they like the most.
TipRanks uses a natural language-processing algorithm based on proprietary AI technology to rank analysts on two factors:
- Average return of buy-sell recommendations
- Success rate of buy-sell recommendations
TipRanks' stock screener identified the "best analyst consensus" stocks which have received the most bullish recent ratings. TipRanks then combined that with a database scan to find the most popular driverless car stocks by Wall Street's top analysts right now.
Here are best-performing analysts' three favorite driverless car stocks – and yes, none of them are Tesla.