Buy these seven shares to profit from driverless cars and artificial intelligence
The idea of investing in technology companies will, for many, bring back painful memories of the tech bubble bursting at the turn of the millennium.
Today, there is little of the mania of two decades ago. Technology firms are typically more expensive to buy than the wider market, but are now delivering significant profits – which were conspicuously absent the first time around.
Some investors will have exposure to technology through companies such as Amazon, Facebook and Google, which are popular holdings in many funds available to British savers. Such businesses are involved in many cutting-edge areas of technology, including autonomous cars, artificial intelligence, machine learning and more.
But there is another approach: investing in companies that make “enabling” technology, the components and software used in many of the most advanced developments. Read more…
