Tesla, NVIDIA, Taiwan Semiconductor Manufacturing, Bank of America, and Micron Technology are the five Automotive stocks to watch today, according to MarketBeat's stock screener tool. Automotive stocks are equity securities representing ownership shares in companies involved in the design, manufacture, distribution or servicing of motor vehicles and their components. By purchasing these stocks, investors gain partial ownership in automakers, parts suppliers or related businesses and stand to benefit from potential dividend payments and stock-price appreciation tied to industry performance. 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.
TSLA stock traded up $10.24 during midday trading on Friday, hitting $329.65. The company's stock had a trading volume of 93,904,102 shares, compared to its average volume of 98,883,688. The company has a current ratio of 2.00, a quick ratio of 1.54 and a debt-to-equity ratio of 0.07. The company has a market cap of $1.06 trillion, a PE ratio of 181.13, a P/E/G ratio of 12.17 and a beta of 2.39. The firm's 50-day moving average is $326.27 and its 200-day moving average is $317.30. Tesla has a 12 month low of $182.00 and a 12 month high of $488.54.
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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 NASDAQ NVDA traded down $0.59 during midday trading on Friday, hitting $172.41. 145,724,125 shares of the stock traded hands, compared to its average volume of 263,779,254. The firm has a 50-day moving average of $146.99 and a two-hundred day moving average of $129.90. The firm has a market capitalization of $4.21 trillion, a P/E ratio of 55.62, a PEG ratio of 1.52 and a beta of 2.13. NVIDIA has a one year low of $86.62 and a one year high of $174.25. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39.
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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 $5.20 during trading on Friday, hitting $240.40. The company had a trading volume of 16,235,822 shares, compared to its average volume of 15,024,317. Taiwan Semiconductor Manufacturing has a 12 month low of $133.57 and a 12 month high of $248.28. The stock has a 50 day simple moving average of $212.72 and a 200 day simple moving average of $193.73. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.18 and a current ratio of 2.39. The firm has a market capitalization of $1.25 trillion, a P/E ratio of 27.41, a price-to-earnings-growth ratio of 1.32 and a beta of 1.29.
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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 up $0.31 during mid-day trading on Friday, hitting $47.33. 48,220,966 shares of the stock were exchanged, compared to its average volume of 40,515,517. The firm has a 50-day moving average of $45.53 and a two-hundred day moving average of $43.65. Bank of America has a 52-week low of $33.07 and a 52-week high of $49.31. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.78 and a current ratio of 0.80. The company has a market cap of $356.48 billion, a PE ratio of 13.84, a price-to-earnings-growth ratio of 1.28 and a beta of 1.30.
Read Our Latest Research Report on BAC
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 up $1.13 during midday trading on Friday, hitting $114.39. 19,315,466 shares of the company traded hands, compared to its average volume of 23,315,727. The company has a current ratio of 2.75, a quick ratio of 1.89 and a debt-to-equity ratio of 0.30. The firm's fifty day moving average is $111.39 and its 200-day moving average is $96.93. The firm has a market capitalization of $128.02 billion, a P/E ratio of 20.61 and a beta of 1.35. Micron Technology has a 12-month low of $61.54 and a 12-month high of $129.85.
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Further Reading
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