The world has gone AI crazy, sending shares of chipmaker Nvidia up more than 200% this year. But there’s a problem…
Even OpenAI CEO Sam Altman admits it could take a decade or more for this technology to really hit its stride. In the meantime, investors are paying insanely high premiums for AI companies.
My sources tell me a reckoning is on the way. As my colleague Dan Ferris put it: “It's almost like the world's biggest investors are gearing up for a market meltdown.”
He’s not just speculating. Warren Buffett’s Berkshire Hathaway has been selling billions worth of Apple and Bank of America. And Dell Technologies founder Michael Dell just sold off $2.3 billion of his own company’s stock.
As Dan warned in DailyWealth, we may be about to see “fireworks” in the AI space very soon.
But don’t worry… there’s another way to play this coming AI revolution without risking your shirt on companies with unsustainable valuations.
I’m talking about getting in at the ground floor of the autonomous vehicle (AV) boom.
And on Thursday, October 10th, you’ll have the chance to do just that.
Elon Musk is set to unveil the Tesla Robotaxi – a fully self-driving vehicle that promises to transform the way we get around.
Now, some of you might be thinking, “Self-driving cars? Haven’t we been hearing this song and dance for years?”
It’s true that the AV sector has been in development for a while. But that doesn’t mean it’s a bust. And things are about to change very quickly.
As my colleague Luke Lango put it: “The self-driving cars are here. They’re spreading rapidly. And they won’t stop spreading until they become ubiquitous across the globe…”
He even rode in one recently and shared his experience.
And he’s not alone.
Waymo, Alphabet’s autonomous car division, is delivering over 100,000 driverless rides per week in multiple U.S. cities, as Luke discussed in another article.
But here’s the best part…
Forget Tesla and Alphabet… This Tiny $3 Stock is The Real Deal
Most investors think that Tesla and Alphabet will be the biggest winners of the AV revolution.
And they’re probably right.
But, as we’ve seen with the rise of the iPhone and the Model 3, the biggest stock market wins often go to the suppliers, as Luke discussed recently, not the headline brands.
And Luke has found a small-cap, sub-$3 AV stock that could soar in the wake of Tesla’s Robotaxi launch.
The company’s technology is essential for bringing self-driving cars to the mainstream… making it the perfect play on the coming $9 trillion AV boom.
I don’t have permission to reveal this stock pick yet, but if you want to get in on the ground floor of the AV Revolution while the price is still dirt-cheap, then you need to listen to Luke’s latest briefing on this topic – How to Play the Next Big Thing: The Rise of Tesla’s Robotaxi.
Click here now to reserve your seat for this urgent briefing.
And tomorrow, I’ll be back to discuss the other group of companies that will benefit from the AI boom: the automation stocks disrupting industries far beyond tech.
