Tesla, NVIDIA, Bank of America, Taiwan Semiconductor Manufacturing, and QUALCOMM are the five Automotive stocks to watch today, according to MarketBeat's stock screener tool. Automotive stocks are shares of publicly traded companies whose primary business involves the design, manufacture, distribution or servicing of motor vehicles—from major carmakers and parts suppliers to dealerships and aftermarket service providers. By buying these equities, investors gain exposure to the financial performance and growth prospects of the global automotive industry, which is often influenced by consumer demand, technological innovation and regulatory shifts. 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.
NASDAQ TSLA traded up $1.48 on Wednesday, reaching $345.30. 40,808,889 shares of the stock were exchanged, compared to its average volume of 97,125,699. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08. Tesla has a one year low of $167.41 and a one year high of $488.54. The company's 50-day simple moving average is $271.29 and its two-hundred day simple moving average is $331.39. The firm has a market capitalization of $1.11 trillion, a PE ratio of 169.03, a PEG ratio of 5.86 and a beta of 2.43.
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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.
NVDA traded up $2.90 during trading on Wednesday, reaching $137.28. 77,672,761 shares of the company traded hands, compared to its average volume of 292,917,450. The firm has a fifty day simple moving average of $113.11 and a 200 day simple moving average of $126.98. NVIDIA has a 12-month low of $86.62 and a 12-month high of $195.95. 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 company has a market cap of $3.36 trillion, a P/E ratio of 53.88, a PEG ratio of 1.76 and a beta of 2.11.
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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 stock traded down $1.00 on Wednesday, reaching $43.69. The company's stock had a trading volume of 16,421,447 shares, compared to its average volume of 39,614,939. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.04. The stock's fifty day simple moving average is $40.23 and its 200-day simple moving average is $43.59. The company has a market capitalization of $329.04 billion, a price-to-earnings ratio of 13.55, 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
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 up $1.61 on Wednesday, hitting $195.06. 2,675,937 shares of the stock were exchanged, compared to its average volume of 15,858,146. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The stock has a fifty day moving average price of $168.19 and a two-hundred day moving average price of $187.42. The firm has a market capitalization of $1.01 trillion, a P/E ratio of 27.71, a P/E/G ratio of 0.66 and a beta of 1.21. Taiwan Semiconductor Manufacturing has a 52-week low of $133.57 and a 52-week high of $226.40.
Read Our Latest Research Report on TSM
QUALCOMM (QCOM)
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.
NASDAQ QCOM traded up $1.87 on Wednesday, hitting $155.69. 3,332,274 shares of the stock were exchanged, compared to its average volume of 8,883,525. QUALCOMM has a 52-week low of $120.80 and a 52-week high of $230.63. The firm has a market capitalization of $170.95 billion, a P/E ratio of 16.61, a P/E/G ratio of 2.01 and a beta of 1.29. The stock has a fifty day moving average price of $145.99 and a two-hundred day moving average price of $156.70. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.99 and a current ratio of 2.62.
Read Our Latest Research Report on QCOM
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