Investors are watching one sector of the market closely — electric and self-driving vehicles.

Technology like hands-free driving or vehicles that need little to no gasoline has the potential to disrupt major industries. And investors are betting on that disruption.

The iShares Self-Driving EV and Tech ETF (NYSE: IDRV) — an exchange-traded fund that tracks some of the biggest companies in the self-driving and electric vehicle sector — has jumped 131% off its March 2020 lows.

While most of that gain has been on the back of industry giant Tesla Inc. (Nasdaq: TSLA), many other self-driving and electric vehicle companies are starting to make their mark.

In this episode of The Bull & The Bear, I take a deeper dive into two companies in the field. I’ll tell you where each of them is now and where they could be in the future.

These companies are constantly in the headlines, and I’ll let you know if the news warrants a spot in your portfolio.

Be sure to also subscribe to our YouTube channel for more videos and information.

Have something you want us to talk about? Email thebullandthebear@moneyandmarkets.com and give us your thoughts.

Check out moneyandmarkets.com and sign up for our free newsletters to get the most important and unbiased financial news, commentary and actionable advice.

Also, follow us on:

Facebook

Twitter

LinkedIn