Top Automotive Stocks To Add to Your Watchlist - July 26th

Key Points

• MarketBeat’s screener highlighted five automotive stocks to watch: Monolithic Power Systems, O'Reilly Automotive, Rivian Automotive, AutoZone, and Illinois Tool Works were the names with the highest recent dollar trading volume in the sector.
• The list spans different parts of the auto ecosystem: It includes a semiconductor supplier for automotive and computing applications, two auto parts retailers, an EV maker, and an industrial company with an Automotive OEM segment.
• Each company serves a distinct niche in the industry: The article briefly describes their roles, from power electronics and vehicle components to aftermarket parts and electric vehicles, showing the breadth of opportunities in automotive-related stocks.

Monolithic Power Systems, O'Reilly Automotive, Rivian Automotive, AutoZone, 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 design, manufacturing, sale, or servicing of vehicles and automotive components. For stock market investors, these stocks may include automakers, electric-vehicle manufacturers, parts suppliers, dealerships, and related mobility companies, and their performance can be influenced by consumer demand, interest rates, supply chains, fuel prices, and industry trends. 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

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

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.

Read Our Latest Research Report on RIVN

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

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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