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Automotive Stocks To Watch Now - October 18th

Monolithic Power Systems logo with Technology background
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Key Points

  • Five automotive-related stocks to watch are Monolithic Power Systems (MPWR), AutoZone (AZO), O’Reilly Automotive (ORLY), Keysight Technologies (KEYS), and Illinois Tool Works (ITW), selected for having the highest recent dollar trading volume among automotive stocks.
  • Monolithic Power Systems supplies semiconductor-based power electronics for automotive applications such as digital cockpits, while Keysight provides electronic design and testing solutions used by the automotive industry.
  • AutoZone and O’Reilly Automotive focus on replacement parts and accessories, while Illinois Tool Works has automotive exposure through its Automotive OEM segment and other industrial businesses.
  • MarketBeat previews top five stocks to own in November.

Monolithic Power Systems, AutoZone, O'Reilly Automotive, Keysight Technologies, and Illinois Tool Works are the five Automotive stocks to watch today, according to MarketBeat's stock screener tool. Automotive stocks are shares of publicly traded companies involved in the production, sale, or servicing of vehicles, including automakers, parts manufacturers, dealerships, and electric-vehicle companies. For investors, these stocks can be influenced by vehicle demand, economic conditions, interest rates, fuel prices, supply-chain issues, and technological shifts such as electrification and autonomous driving. These companies had the highest dollar trading volume of any Automotive stocks within the last several days.

Monolithic Power Systems (MPWR)

Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.

Read Our Latest Research Report on MPWR

AutoZone (AZO)

AutoZone, Inc. retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company provides various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products.

Read Our Latest Research Report on AZO

O'Reilly Automotive (ORLY)

O'Reilly Automotive, Inc., together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.

Read Our Latest Research Report on ORLY

Keysight Technologies (KEYS)

Keysight Technologies, Inc. provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.

Read Our Latest Research Report on KEYS

Illinois Tool Works (ITW)

Illinois Tool Works Inc. manufactures and sells industrial products and equipment in the United States and internationally. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products.

Read Our Latest Research Report on ITW

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