Automotive Stocks To Follow Now - April 20th

Key Points

• MarketBeat's screener flagged five high-dollar-volume automotive stocks to watch: AutoZone (AZO), Rivian (RIVN), Monolithic Power Systems (MPWR), Keysight Technologies (KEYS), and O'Reilly Automotive (ORLY).
• These names span aftermarket parts retailers (AutoZone, O'Reilly), an EV maker (Rivian), a power-semiconductor supplier (MPWR), and electronic test equipment (Keysight), offering different ways to play automotive industry trends.
• The sector is cyclical and sensitive to macro factors like commodity prices and interest rates, but also provides exposure to structural themes such as electrification and autonomy that can drive longer-term growth.

AutoZone, Rivian Automotive, Monolithic Power Systems, Keysight Technologies, and O'Reilly Automotive are the five Automotive stocks to watch today, according to MarketBeat's stock screener tool. Automotive stocks are shares of companies involved in the production, supply, distribution and servicing of motor vehicles and related components and technologies, including automakers, parts suppliers, and EV/tech firms. For investors, they provide exposure to the automotive industry's consumer demand, regulatory and technological shifts (like electrification and autonomy) and tend to be cyclical and sensitive to commodity prices, interest rates and economic conditions. These companies had the highest dollar trading volume of any Automotive stocks within the last several days.

AutoZone (AZO)

AutoZone, Inc. retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company provides various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products.

Read Our Latest Research Report on AZO

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.

Read Our Latest Research Report on RIVN

Monolithic Power Systems (MPWR)

Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.

Read Our Latest Research Report on MPWR

Keysight Technologies (KEYS)

Keysight Technologies, Inc. provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.

Read Our Latest Research Report on KEYS

O'Reilly Automotive (ORLY)

O'Reilly Automotive, Inc., together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.

Read Our Latest Research Report on ORLY

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