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Is it too late to buy this skyrocketing stock?

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foolmart.com

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fool@foolsubs.com

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Fri, May 21, 2021 07:44 PM

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There are nearly 1.4 billion cars in the world today... and one day soon, every single one of them m

There are nearly 1.4 billion cars in the world today... and one day soon, every single one of them may be obsolete. --------------------------------------------------------------------------------------- [View this email in your browser]( [The Motley Fool] There are nearly 1.4 billion cars in the world today... and one day soon, every single one of them may be obsolete. When that day comes, trillions of dollars of global economic output could be at risk. That’s one way to look at things, anyway. Some companies won’t survive the end of the auto era. Entire industries may have to change. Those trillions probably won’t just disappear. They will likely just flow into new opportunities. A similar thing happened over 100 years ago when cars replaced horses. Today’s auto era may fade, but cars, trucks, buses, and other vehicles will still be with us. They probably just won’t need us to tell them where to go. I’m talking about full self-driving technology. It’s the disruption that keeps auto industry executives up at night. It’s been a major part of Tesla’s enduring appeal... But I’m not here to tell you about Tesla. The real winner might be even more surprising. See, there’s one company poised to capture the upside of this self-driving future, regardless of which automakers’ badges shine on the grills of tomorrow’s autonomous cars... And recently, its path for growth has become more crystal clear than ever before. You see, one critical global market supporting self-driving tech is in the middle of a major supply crunch right now… Possibly Making this the perfect time to buy this company’s stock. As soon as supply issues are ironed out, its stock could spike pretty quickly. I could tell you you’d miss out if you don’t act fast to lock in your upside... but the truth is, you’ve probably already missed out on some serious upside if you haven’t added some of this company’s shares to your portfolio over the last few years. We’ve recommended this stock in Stock Advisor — our flagship newsletter, with market-beating returns since 2002 — before. If you’d followed our guidance in 2005, you’d be sitting on gains of 8,471% today! It’s been one of Stock Advisor’s best performing picks since 2005. We initially recommended it for its strengths in other markets. But like some of our other top picks, it’s seamlessly pivoted to new opportunities without losing the upside locked into its initial market dominance. In some ways, this stock reminds us quite a bit of these other Stock Advisor selections... - Netflix (up 26,125% since Stock Advisor’s rec on 12/17/2004) - Tesla (up 8,975% since Stock Advisor’s rec on 11/16/2012) - Shopify (up 3,407% since Stock Advisor’s rec on 7/15/2016) We believe The company behind this technology is simply unmatched in the self-driving market today. (Even Tesla may be playing catch-up). It’s already revolutionizing driverless car technology with every iteration… And people have taken notice. In fact, as I already mentioned, Stock Advisor subscribers have had this stock on their radar for a long time, and it’s already made some lucrative moves over the years. After all, it’s hard to ignore consistent growth, quarter after quarter, year after year. Recently, this company nearly doubled its revenue year-over-year, pandemic and all. With all this baked-in success, why do we think you should still think about buying this company’s stock in 2021? Well, for one thing, the lockdowns have only boosted demand for driverless tech... And since the same fundamental hardware is used by every single computer around the world… Demand for more and better home computing became one of the most essential lockdown adaptations. Suddenly, almost overnight, there simply wasn’t enough hardware to go around. A formerly niche product morphed into an absolute must-have at the exact moment it became impossible to find. There’s still a shortage to this day, over a year after the start of worldwide lockdowns. The situation is so dire, some analysts don’t expect wait times to return to normal until May (if not later). And that, of course, means there’s probably still plenty of upside right now. We think you’d be smart to strike while the iron is hot. We think the longer-term horizon is looking promising right now, with all sorts of technological advancements in the works. The higher the demand gets for this company’s shares. If you join Stock Advisor today, you’ll get access to our complete research on this market-beating stock, and a lot more like it... [Learn More Now]( Having trouble seeing this email? [View on Web]( We work fervently, feverishly, and Foolishly to make sure all the facts and figures we publish in our emails are 100% accurate and up to date. Returns as of May 20, 2021. The Motley Fool owns shares of Netflix, Shopify, and Tesla. This is a promotional message from The Motley Fool | 2000 Duke St. | Alexandria, VA 22314 [Legal Information](. Copyright ©1995-2021 The Motley Fool. All rights reserved. To prevent this from getting swept up by overzealous email filters, add Fool@foolsubs.com to your address book. If you no longer wish to receive this email, please [unsubscribe now](.

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