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Automotive Stocks To Keep An Eye On - May 24th

Tesla logo with Auto/Tires/Trucks background

Tesla, NVIDIA, United States Steel, Salesforce, Taiwan Semiconductor Manufacturing, Micron Technology, and Bank of America are the seven Automotive stocks to watch today, according to MarketBeat's stock screener tool. Automotive stocks are publicly traded equity shares of companies involved in the design, manufacture, distribution and servicing of motor vehicles and their components. They offer investors exposure to the global auto industry and are influenced by factors such as consumer demand, commodity prices, technological innovation and government regulations. These companies had the highest dollar trading volume of any Automotive stocks within the last several days.

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 down $1.70 on Friday, reaching $339.34. 84,419,224 shares of the stock were exchanged, compared to its average volume of 97,370,835. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.02 and a quick ratio of 1.61. Tesla has a one year low of $167.41 and a one year high of $488.54. The stock has a 50 day moving average price of $277.33 and a 200 day moving average price of $332.69. The stock has a market cap of $1.09 trillion, a PE ratio of 166.34, a P/E/G ratio of 5.86 and a beta of 2.43.

Read Our Latest Research Report on TSLA

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.

NASDAQ:NVDA traded down $1.54 on Friday, reaching $131.29. The company's stock had a trading volume of 198,282,939 shares, compared to its average volume of 289,485,184. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10. The firm has a market cap of $3.21 trillion, a PE ratio of 51.67, a PEG ratio of 1.76 and a beta of 2.11. The business's 50-day moving average price is $113.89 and its two-hundred day moving average price is $126.94. NVIDIA has a 1-year low of $86.62 and a 1-year high of $195.95.

Read Our Latest Research Report on NVDA

United States Steel (X)

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular) segments. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke.

NYSE X traded up $9.60 during trading hours on Friday, hitting $52.50. 53,706,631 shares of the company traded hands, compared to its average volume of 5,838,711. The business's 50-day moving average is $42.26 and its 200-day moving average is $38.68. United States Steel has a twelve month low of $26.92 and a twelve month high of $54.00. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.91 and a current ratio of 1.55. The stock has a market capitalization of $11.89 billion, a price-to-earnings ratio of 35.24, a P/E/G ratio of 1.53 and a beta of 1.82.

Read Our Latest Research Report on X

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

NYSE:CRM traded down $10.37 on Friday, hitting $273.05. The company's stock had a trading volume of 8,878,975 shares, compared to its average volume of 6,925,114. The firm has a market capitalization of $262.51 billion, a P/E ratio of 44.91, a price-to-earnings-growth ratio of 2.58 and a beta of 1.42. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14. Salesforce has a one year low of $212.00 and a one year high of $369.00. The stock has a fifty day moving average of $268.46 and a two-hundred day moving average of $306.58.

Read Our Latest Research Report on CRM

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.

NYSE:TSM traded down $4.03 during trading hours on Friday, reaching $192.16. 9,389,395 shares of the company were exchanged, compared to its average volume of 15,855,107. The business has a 50 day moving average of $169.32 and a 200 day moving average of $187.46. The company has a market capitalization of $996.61 billion, a P/E ratio of 27.30, a P/E/G ratio of 0.66 and a beta of 1.21. Taiwan Semiconductor Manufacturing has a 1-year low of $133.57 and a 1-year high of $226.40. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.57 and a quick ratio of 2.30.

Read Our Latest Research Report on TSM

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.

NASDAQ:MU traded down $1.46 during trading hours on Friday, hitting $93.37. 16,534,270 shares of the company were exchanged, compared to its average volume of 23,479,220. The company has a fifty day simple moving average of $82.82 and a 200 day simple moving average of $92.48. Micron Technology has a one year low of $61.54 and a one year high of $157.54. The company has a current ratio of 2.72, a quick ratio of 1.75 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $104.35 billion, a price-to-earnings ratio of 26.91 and a beta of 1.21.

Read Our Latest Research Report on MU

Bank of America (BAC)

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.

Shares of BAC traded down $0.11 during trading hours on Friday, hitting $43.20. The stock had a trading volume of 34,870,751 shares, compared to its average volume of 39,724,339. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a 50 day simple moving average of $40.34 and a 200-day simple moving average of $43.61. The firm has a market capitalization of $325.38 billion, a P/E ratio of 13.42, a price-to-earnings-growth ratio of 1.21 and a beta of 1.27. Bank of America has a 1-year low of $33.07 and a 1-year high of $48.08.

Read Our Latest Research Report on BAC

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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