NVIDIA, Tesla, Micron Technology, Synopsys, and Taiwan Semiconductor Manufacturing 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, distribution, and sale of motor vehicles and related components or services. Investors buy these stocks to gain exposure to the automotive industry’s performance, which can be influenced by factors like consumer demand, technological innovation, regulatory changes, and commodity prices. Performance of automotive stocks often reflects broader economic conditions and industry trends such as the shift toward electric vehicles. These companies had the highest dollar trading volume of any Automotive stocks within the last several days.
NVIDIA (NVDA)
NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
Shares of NVDA stock traded down $0.06 during trading hours on Monday, hitting $164.86. The stock had a trading volume of 83,430,418 shares, compared to its average volume of 265,320,339. The firm has a market capitalization of $4.02 trillion, a PE ratio of 53.21, a PEG ratio of 1.46 and a beta of 2.13. NVIDIA has a twelve month low of $86.62 and a twelve month high of $167.89. The stock's 50 day moving average is $141.53 and its 200 day moving average is $128.62. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96.
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Tesla (TSLA)
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.
Shares of TSLA stock traded up $1.31 during trading hours on Monday, hitting $314.82. The stock had a trading volume of 43,392,596 shares, compared to its average volume of 99,377,621. The firm has a market capitalization of $1.01 trillion, a PE ratio of 172.98, a PEG ratio of 9.33 and a beta of 2.39. Tesla has a twelve month low of $182.00 and a twelve month high of $488.54. The stock's 50 day moving average is $322.60 and its 200 day moving average is $319.32. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.00 and a quick ratio of 1.54.
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Micron Technology (MU)
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.
Shares of MU stock traded down $5.62 during trading hours on Monday, hitting $118.91. The stock had a trading volume of 17,851,625 shares, compared to its average volume of 23,233,127. The firm has a market capitalization of $133.07 billion, a PE ratio of 21.47 and a beta of 1.35. Micron Technology has a twelve month low of $61.54 and a twelve month high of $135.35. The stock's 50 day moving average is $108.03 and its 200 day moving average is $96.01. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.75 and a quick ratio of 1.89.
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Synopsys (SNPS)
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.
Shares of NASDAQ SNPS traded down $7.53 during mid-day trading on Monday, hitting $551.75. 2,725,393 shares of the company were exchanged, compared to its average volume of 1,200,212. The company has a quick ratio of 6.85, a current ratio of 7.02 and a debt-to-equity ratio of 1.01. The stock has a 50 day simple moving average of $499.27 and a 200-day simple moving average of $479.93. Synopsys has a 1-year low of $365.74 and a 1-year high of $621.24. The firm has a market cap of $85.61 billion, a price-to-earnings ratio of 39.67, a price-to-earnings-growth ratio of 3.69 and a beta of 1.12.
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Taiwan Semiconductor Manufacturing (TSM)
Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.
Shares of NYSE TSM traded down $1.70 during mid-day trading on Monday, hitting $228.70. 5,891,292 shares of the company were exchanged, compared to its average volume of 15,692,666. The company has a quick ratio of 2.18, a current ratio of 2.39 and a debt-to-equity ratio of 0.22. The stock has a 50 day simple moving average of $206.45 and a 200-day simple moving average of $192.31. Taiwan Semiconductor Manufacturing has a 1-year low of $133.57 and a 1-year high of $237.58. The firm has a market cap of $1.19 trillion, a price-to-earnings ratio of 29.38, a price-to-earnings-growth ratio of 1.25 and a beta of 1.29.
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Further Reading
Before you consider NVIDIA, you'll want to hear this.
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