NVIDIA, Tesla, Taiwan Semiconductor Manufacturing, Micron Technology, Costco Wholesale, Carvana, and Bank of America are the seven Automotive stocks to watch today, according to MarketBeat's stock screener tool. Automotive stocks are equity securities representing ownership in publicly traded companies that design, manufacture, distribute or service motor vehicles and related components. By buying these shares, investors gain exposure to the auto industry’s performance, which is driven by factors like consumer demand cycles, commodity costs, technological innovation (for example in electric or autonomous vehicles) and regulatory changes. 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 up $6.94 during mid-day trading on Tuesday, hitting $129.94. 182,508,204 shares of the company's stock were exchanged, compared to its average volume of 295,618,665. NVIDIA has a fifty-two week low of $86.62 and a fifty-two week high of $195.95. The stock has a 50-day simple moving average of $110.40 and a two-hundred day simple moving average of $127.06. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. The stock has a market cap of $3.18 trillion, a price-to-earnings ratio of 51.14, a PEG ratio of 1.76 and a beta of 2.11.
Read Our Latest Research Report on NVDA
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 traded up $2.98 during midday trading on Tuesday, reaching $321.36. 55,273,638 shares of the company were exchanged, compared to its average volume of 96,157,513. The stock has a 50-day moving average price of $259.44 and a 200-day moving average price of $328.24. The company has a market cap of $1.04 trillion, a price-to-earnings ratio of 157.53, a P/E/G ratio of 5.86 and a beta of 2.43. Tesla has a 1-year low of $167.41 and a 1-year high of $488.54. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08.
Read Our Latest Research Report on TSLA
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.
Taiwan Semiconductor Manufacturing stock traded up $6.05 during midday trading on Tuesday, hitting $193.03. The stock had a trading volume of 9,856,740 shares, compared to its average volume of 17,839,289. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24. The stock has a market cap of $1.00 trillion, a P/E ratio of 27.42, a P/E/G ratio of 0.66 and a beta of 1.21. Taiwan Semiconductor Manufacturing has a 12 month low of $133.57 and a 12 month high of $226.40. The business has a fifty day moving average price of $165.78 and a 200 day moving average price of $187.38.
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.
Shares of NASDAQ:MU traded up $4.54 during trading on Tuesday, hitting $96.83. 11,942,883 shares of the company traded hands, compared to its average volume of 23,304,396. The stock has a market capitalization of $108.21 billion, a price-to-earnings ratio of 27.90 and a beta of 1.21. The business's fifty day moving average is $82.58 and its 200-day moving average is $92.78. Micron Technology has a one year low of $61.54 and a one year high of $157.54. The company has a quick ratio of 1.75, a current ratio of 2.72 and a debt-to-equity ratio of 0.28.
Read Our Latest Research Report on MU
Costco Wholesale (COST)
Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.
Shares of NASDAQ COST traded down $12.90 during midday trading on Tuesday, hitting $1,003.25. 930,007 shares of the company's stock were exchanged, compared to its average volume of 2,025,987. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.98 and a quick ratio of 0.43. The stock's 50 day moving average price is $958.05 and its 200-day moving average price is $964.92. The firm has a market cap of $445.12 billion, a P/E ratio of 58.91, a PEG ratio of 6.15 and a beta of 1.00. Costco Wholesale has a twelve month low of $771.43 and a twelve month high of $1,078.24.
Read Our Latest Research Report on COST
Carvana (CVNA)
Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices.
CVNA traded up $18.24 during trading on Tuesday, reaching $297.86. The stock had a trading volume of 3,024,304 shares, compared to its average volume of 4,703,416. Carvana has a 1-year low of $97.55 and a 1-year high of $298.65. The stock has a 50 day moving average of $211.21 and a two-hundred day moving average of $227.94. The firm has a market capitalization of $63.49 billion, a price-to-earnings ratio of 189.72 and a beta of 3.61. The company has a quick ratio of 2.12, a current ratio of 3.64 and a debt-to-equity ratio of 3.82.
Read Our Latest Research Report on CVNA
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 NYSE BAC traded up $0.96 during mid-day trading on Tuesday, reaching $44.32. The company had a trading volume of 17,440,804 shares, compared to its average volume of 39,291,707. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.78 and a current ratio of 0.78. The stock has a market capitalization of $333.81 billion, a PE ratio of 13.76, a price-to-earnings-growth ratio of 1.21 and a beta of 1.27. Bank of America has a twelve month low of $33.07 and a twelve month high of $48.08. The stock's 50 day moving average is $39.71 and its 200-day moving average is $43.50.
Read Our Latest Research Report on BAC
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