It appears so. Two days ago, Toyota ended its growth freeze when it announced that they'll be building 3 new plants one of them being a $1 Billion lab in Silicon Valley which will focus solely on developing artificial intelligence. Their objective is to develop [better] self-driving cars which are smarter and safer. When they are successful, this most obviously will boast their sales. What do you guys think? Would one make a killing a few years from now if they buy Toyota stocks now?
I don't know if making a killing is the right term to use, but I do think that Toyota shares will continue to rise at a steady pace, and as a long term investment then they are worth looking at, and in the future a profit will be made if your prepared to wait.
I have owned this one in the past. I might be tempted to jump back in with a few bucks at some point - especially if it gets a bit cheaper. http://news.morningstar.com/all/ViewNews.aspx?article=/DJ/TDJNDN201511062121_univ.xml
Self driving cars are the latest thing that seems like everyone is talking about, so it makes sense to at least keep an eye on the stocks. As the technology gets better then it could cause the stock to rise but I'm not sure. I'll be keeping an eye on it either way.
Going up higher? That wouldn't be my analysis and I'm not sure that the self-driving car investments will help a lot. Many companies are doing that investment, meaning it is competitive. The focus is on the first who is able to be: 1. Commercially viable 2. Legally viable 3. Appealing to customer This company is going to be the best winner out of all, doesn't matter the investments. That doesn't mean the first self-driving car that come out will work, that's really more than that. Think about PDAs vs. smartphones today. There's not so many changes between these, but the commercial changes and the environment make smartphones really more appealing than PDAs could.
In the self-driving car market I really think that Google will hold a lot of peoples investments into them simply because they are such a big company now, but then again I also think that self-driving cars are a passing fancy much like how the latest fads are, and when the first crash happens involving one then all stocks will look like they just fell off a cliff.
