Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Standalone car stocks for purchase in 2021: Goldman Sachs

Standalone car stocks for purchase in 2021: Goldman Sachs

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As the race to develop self-driving and electric vehicle (EV) technology heats up, Goldman Sachs has selected three global automotive stocks to purchase.

Investment bank analysts say the gap is widening between carmakers who innovate in these areas and those who lag behind.

Driverless cars and other autonomous technologies are a hot topic, as Tesla will release its first full self-driving technology (known as FSD) this summer.

“The market is very interested in the progress of Tesla̵

7;s FSD technology, which will be released this summer,” Goldman analysts wrote in a note on Saturday, all eyes on the level of autonomy it achieves.

The automakers of analysts – all Japanese companies – have the potential to raise their share prices by at least 27% and are approaching the launch of new technologies.

The stocks are:

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