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Best Automotive Stocks To Research - May 7th

Tesla logo with Auto/Tires/Trucks background

Tesla, NVIDIA, and Upstart are the three 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 servicing of motor vehicles and their components. By holding these equities, investors gain exposure to the automotive sector’s performance, which is driven by factors such as consumer demand cycles, regulatory changes, technological innovation (e.g., electrification and autonomous driving) and global supply-chain dynamics. 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 down $2.28 during trading on Wednesday, hitting $273.07. The stock had a trading volume of 31,815,731 shares, compared to its average volume of 95,576,963. The company's 50-day moving average price is $258.47 and its two-hundred day moving average price is $325.98. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.61 and a current ratio of 2.02. Tesla has a 12 month low of $167.41 and a 12 month high of $488.54. The company has a market capitalization of $879.55 billion, a PE ratio of 133.65, 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.

Shares of NVDA stock traded up $0.40 on Wednesday, reaching $113.94. The stock had a trading volume of 59,752,132 shares, compared to its average volume of 297,952,120. NVIDIA has a 12 month low of $86.62 and a 12 month high of $195.95. The firm has a market capitalization of $2.78 trillion, a price-to-earnings ratio of 44.82, a P/E/G ratio of 1.76 and a beta of 2.11. The firm's 50-day moving average is $110.37 and its two-hundred day moving average is $127.81. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13.

Read Our Latest Research Report on NVDA

Upstart (UPST)

Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar loans that connects consumer demand for loans to its to bank and credit unions.

Shares of NASDAQ:UPST traded down $5.38 during trading on Wednesday, reaching $46.03. 14,922,182 shares of the stock were exchanged, compared to its average volume of 6,723,170. The stock has a 50-day moving average price of $47.21 and a 200-day moving average price of $60.43. The firm has a market cap of $4.38 billion, a PE ratio of -31.66 and a beta of 2.39. Upstart has a 12 month low of $20.60 and a 12 month high of $96.43.

Read Our Latest Research Report on UPST

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