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Automotive Stocks

94 posts

Automotive stocks have had their ups and downs over the years. It wasn’t that long ago where we saw the U.S. government bail out the top automakers in the U.S. Despite the shortcomings, new entrants to the market like Tesla and others have helped to mold a new age of automotive stocks to watch.

However, the auto industry has slowed down in recent years. That’s in light of a seemingly strong economy. However, many analysts still carry conservative estimates on the industry as a whole. Top automotive stocks are no longer the carmakers themselves. We now have retailers selling cars online like Carvana and Autotrader. There are also investors looking to take advantage of automotive rental companies.

Why Automotive Stocks?

Billionaires like Carl Icahn have notably shown interest in automotive stocks like Hertz. Furthermore, this may signal a renewed interest in the sector. While estimates were initially conservative, the value may have become a bigger focus from larger investors right now as noted by Icahn’s moves.

However, with shifting market demand to electric vehicles, new trends are bound to emerge within the industry. High flying EV stocks like Tesla and others could become a greater focus as the trend continues to emerge.

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Looking For The Best Electric Vehicle Stocks To Buy Before February? 3 Names To Watch

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Is NIO Stock A Buy With The New Sedan And Long-Range Battery Launch?

NIO stock skyrocketed more than 1,100% in 2020, but many believe that there’s more room for growth.
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Is XPEV Stock A Buy After Its Recent Pullback?

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Can these top EV stocks continue their momentum into next month?
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