Promising Automotive Stocks To Consider - June 28th

NVIDIA, Tesla, and Salesforce are the three Automotive stocks to watch today, according to MarketBeat's stock screener tool. Automotive stocks are shares of publicly traded companies that design, manufacture, distribute or service motor vehicles and their components. Investors buy and sell these stocks to gain exposure to trends in vehicle sales, technological innovation (such as electric vehicles and autonomous driving) and global supply chain dynamics within the automotive industry. 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.

NASDAQ NVDA traded up $2.73 during trading hours on Friday, hitting $157.75. The company had a trading volume of 258,593,751 shares, compared to its average volume of 269,381,065. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39. NVIDIA has a 1-year low of $86.62 and a 1-year high of $158.71. The company has a market cap of $3.85 trillion, a PE ratio of 50.89, a price-to-earnings-growth ratio of 1.37 and a beta of 2.12. The business has a 50 day moving average of $130.96 and a 200-day moving average of $127.05.

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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 $2.15 during trading hours on Friday, hitting $323.63. The company had a trading volume of 88,778,334 shares, compared to its average volume of 101,950,340. Tesla has a 1-year low of $182.00 and a 1-year high of $488.54. The company has a market cap of $1.04 trillion, a PE ratio of 177.82, a price-to-earnings-growth ratio of 12.18 and a beta of 2.47. The business has a 50 day moving average of $314.93 and a 200-day moving average of $330.48. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.54 and a current ratio of 2.00.

Read Our Latest Research Report on TSLA

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

Shares of CRM traded up $1.98 during mid-day trading on Friday, hitting $272.72. 21,736,713 shares of the company's stock were exchanged, compared to its average volume of 6,553,600. Salesforce has a fifty-two week low of $230.00 and a fifty-two week high of $369.00. The firm has a market capitalization of $260.72 billion, a P/E ratio of 42.68, a P/E/G ratio of 2.45 and a beta of 1.38. The business's 50 day moving average is $270.38 and its two-hundred day moving average is $294.66. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.14.

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