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Automotive Stocks To Keep An Eye On - August 20th

AutoZone logo with Consumer Discretionary background
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Key Points

  • AutoZone, Advance Auto Parts, O’Reilly Automotive, Monolithic Power Systems, and Upstart were identified as the five automotive-related stocks with the highest recent dollar trading volume.
  • The group spans automotive replacement-parts retailers, an automotive-focused semiconductor supplier, and an AI-driven lending platform offering auto loans, exposing investors to different areas of the broader automotive ecosystem.
  • Automotive stocks can be influenced by consumer demand, interest rates, fuel prices, supply-chain conditions, and broader economic trends.
  • Five stocks to consider instead of AutoZone.

AutoZone, Advance Auto Parts, O'Reilly Automotive, Monolithic Power Systems, and Upstart are the five Automotive stocks to watch today, according to MarketBeat's stock screener tool. Automotive stocks are shares of publicly traded companies involved in the design, manufacture, sale, or supply of vehicles and related products, including automakers, parts manufacturers, and electric-vehicle companies. For stock market investors, these stocks represent ownership in the automotive industry and may be influenced by consumer demand, interest rates, fuel prices, supply chains, and broader 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

Advance Auto Parts (AAP)

Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company offers battery accessories; belts and hoses; brakes and brake pads; chassis and climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts.

Read Our Latest Research Report on AAP

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

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

Upstart (UPST)

Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar loans that connects consumer demand for loans to its to bank and credit unions.

Read Our Latest Research Report on UPST

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Should You Invest $1,000 in AutoZone Right Now?

Before you consider AutoZone, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AutoZone wasn't on the list.

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