At this point, it seems inevitable that driverless cars are the future of the automotive industry. Investors who want to be a part of the transformative and potentially extremely profitable autonomous vehicle era have been piling into popular driverless car stocks like Tesla Motors Inc TSLA 0.82%, Alphabet Inc GOOG 0.75% GOOGL 0.55%, Baidu Inc (ADR) BIDU 0.88%, NVIDIA Corporation NVDA 0.91% and Mobileye NV MBLY 0.55%.

Stop Overlooking Delphi

However, according to Baird, often-overlooked Delphi Automotive PLC DLPH 1.03% is the top driverless car play for investors. While the majority of the companies associated with driverless car technology are Silicon Valley tech companies, Delphi is positioned to be one of the leaders of the new era of the Michigan automotive legacy.

Perhaps its location is one of the reasons Delphi is often overlooked by investors. But Baird sees…

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