If you want to invest in four of the most promising trends over the next 10 years, you would be hard to do better than Nvidia (NASDAQ: NVDA), Tesla (NASDAQ: TSLA), Teradyne (NASDAQ: TER), and Illumina (NASDAQ: ILMN).
These are cornerstone stocks. Cornerstone stocks are businesses that are at the center or the forefront of a specific trend.
These companies are leading the charge in their respective industries.
2. Tesla (NASDAQ: TSLA): Despite what most analysts think, Tesla – not Google – may have the lead in autonomous vehicles. Tesla’s long-term plan is to launch autonomous taxis, which may be a multi-trillion dollar market.
3. Teradyne (NASDAQ: TER): Collaborative robots are the future, in which people will work directly with robots. At the end of 2018, the industrial robotic market was $5 billion, and is expected to grow to almost half a trillion dollars. That would be insane growth!
4. Illumina (NASDAQ: ILMN): There would be no genomic revolution without Illumina. They are continuing to drive down the cost of sequencing a human genome to $100 in a few more years. This could enable more medical breakthroughs over time.
Any one of these stocks would be a good place to start putting your hard-earned investment dollars.
*The Stock Market is For Everyone, Eric Milton’s short guide to stock market investing for beginners, is available in e-book and paperback formats. If you like what you see on this blog, we hope you’ll take a moment to purchase and read the book, let us know what you think via a blog comment or Amazon review, and share this information with others! Thank you. *
Disclaimer/Disclosure Statement: Information in this article is not intended to be a recommendation to invest in any stock. Rather, it is presented for readers’ education and consideration when making their own investment decisions. The author is long NVDA.