There are more ways to trade the autonomous driving and electric car trends than you think.
Morgan Stanley shared its favorite 30 stock picks for the emerging technologies with clients that not only include the direct auto-related supplier winners, but consumer and retail names that may benefit from the freed up time and responsibilities.
The firm’s “US Research team settled on 30 US stocks, all rated either overweight or equal-weight, across 14 industries, that the analysts believe are favorably exposed to growth opportunities in the execution of a shared, autonomous, electric ecosystem, or are favorably positioned to the adjacent data and content opportunities,” analyst Adam Jonas wrote in a report to clients Thursday entitled “The Shared Autonomous 30.”