Top Automotive Stocks To Follow Today - July 25th

Key Points

• Tesla, NVIDIA, and Taiwan Semiconductor Manufacturing are highlighted as key automotive stocks to watch today due to their high trading volumes and significant market presence.
• Tesla's stock rose by $17.19, reaching $322.49, with a market cap of $1.04 trillion and a P/E ratio of 186.51.
• NVIDIA's shares increased by $0.68 to $174.42, showcasing its role in providing critical graphics and compute solutions for both gaming and automotive sectors.
• Taiwan Semiconductor Manufacturing saw its stock go up by $3.88, hitting $245.48, and holds a market cap of $1.27 trillion with a P/E ratio of 28.00.

Tesla, NVIDIA, and Taiwan Semiconductor Manufacturing are the three Automotive stocks to watch today, according to MarketBeat's stock screener tool. Automotive stocks are shares of publicly traded companies whose primary business involves designing, manufacturing, distributing or servicing motor vehicles and related parts. By buying these equities, investors gain exposure to the automotive industry’s performance, which is driven by factors such as consumer demand, raw material costs, regulatory shifts and technological advances in areas like electric and autonomous vehicles. 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 $17.19 on Friday, hitting $322.49. 73,531,988 shares of the stock traded hands, compared to its average volume of 107,916,414. The stock has a 50-day moving average of $325.38 and a 200 day moving average of $315.19. Tesla has a twelve month low of $182.00 and a twelve month high of $488.54. The company has a market capitalization of $1.04 trillion, a P/E ratio of 186.51, a price-to-earnings-growth ratio of 12.63 and a beta of 2.39. The company has a current ratio of 2.00, a quick ratio of 1.54 and a debt-to-equity ratio of 0.07.

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 NVIDIA stock traded up $0.68 on Friday, reaching $174.42. 65,902,675 shares of the company were exchanged, compared to its average volume of 250,872,656. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39. The company's 50-day moving average is $150.19 and its two-hundred day moving average is $130.70. The firm has a market cap of $4.26 trillion, a price-to-earnings ratio of 56.28, a P/E/G ratio of 1.50 and a beta of 2.13. NVIDIA has a 1-year low of $86.62 and a 1-year high of $174.72.

Read Our Latest Research Report on NVDA

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.

Shares of Taiwan Semiconductor Manufacturing stock traded up $3.88 on Friday, reaching $245.48. 7,063,582 shares of the company were exchanged, compared to its average volume of 15,590,973. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.18 and a current ratio of 2.39. The company's 50-day moving average is $216.44 and its two-hundred day moving average is $194.61. The firm has a market cap of $1.27 trillion, a price-to-earnings ratio of 28.00, a P/E/G ratio of 1.16 and a beta of 1.29. Taiwan Semiconductor Manufacturing has a 1-year low of $133.57 and a 1-year high of $248.28.

Read Our Latest Research Report on TSM