Automotive Stocks To Add to Your Watchlist – April 1st

Tesla, NVIDIA, Costco Wholesale, Micron Technology, Taiwan Semiconductor Manufacturing, Ford Motor, and Bank of America are the seven Automotive stocks to watch today, according to MarketBeat’s stock screener tool. Automotive stocks are shares in companies involved in the manufacturing, assembly, and distribution of vehicles, as well as those providing parts, components, and related services. Investors in automotive stocks typically watch for trends in consumer demand, technological advancements, and regulatory changes that can impact profitability and industry growth. 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 $17.62 on Tuesday, reaching $276.78. The company had a trading volume of 70,865,224 shares, compared to its average volume of 93,310,143. The firm has a 50-day moving average of $317.98 and a 200-day moving average of $323.21. The firm has a market capitalization of $890.25 billion, a PE ratio of 135.18, a P/E/G ratio of 5.86 and a beta of 2.50. Tesla has a 1 year low of $138.80 and a 1 year high of $488.54. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.02 and a quick ratio of 1.61.

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 $1.17 during trading hours on Tuesday, hitting $109.55. 99,023,215 shares of the company were exchanged, compared to its average volume of 313,817,788. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10. The stock has a market capitalization of $2.67 trillion, a price-to-earnings ratio of 43.08, a P/E/G ratio of 1.76 and a beta of 1.77. NVIDIA has a one year low of $75.61 and a one year high of $195.95. The business’s 50-day simple moving average is $124.42 and its two-hundred day simple moving average is $131.53.

Costco Wholesale (COST)

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.

NASDAQ:COST traded up $5.89 during trading hours on Tuesday, reaching $951.67. 724,139 shares of the stock were exchanged, compared to its average volume of 1,941,092. The stock has a market capitalization of $422.24 billion, a P/E ratio of 55.90, a P/E/G ratio of 6.15 and a beta of 0.82. The firm has a 50 day simple moving average of $988.13 and a 200-day simple moving average of $947.08. The company has a quick ratio of 0.43, a current ratio of 0.98 and a debt-to-equity ratio of 0.23. Costco Wholesale has a 52 week low of $697.27 and a 52 week high of $1,078.24.

Micron Technology (MU)

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

MU traded up $1.49 during trading hours on Tuesday, hitting $88.38. 7,209,955 shares of the stock were exchanged, compared to its average volume of 22,805,288. The stock has a market cap of $98.77 billion, a price-to-earnings ratio of 25.46 and a beta of 1.23. The stock has a 50-day simple moving average of $95.62 and a 200-day simple moving average of $98.51. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.72 and a quick ratio of 1.75. Micron Technology has a 12 month low of $83.54 and a 12 month high of $157.54.

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 $2.45 during trading hours on Tuesday, reaching $168.45. The company’s stock had a trading volume of 3,774,505 shares, compared to its average volume of 15,262,845. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. The company’s 50 day simple moving average is $191.44 and its 200 day simple moving average is $192.67. Taiwan Semiconductor Manufacturing has a one year low of $125.78 and a one year high of $226.40. The stock has a market cap of $873.67 billion, a P/E ratio of 23.93, a price-to-earnings-growth ratio of 0.66 and a beta of 1.13.

Ford Motor (F)

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

Shares of Ford Motor stock traded down $0.05 on Tuesday, reaching $9.99. 63,672,151 shares of the company were exchanged, compared to its average volume of 65,128,543. The firm has a market cap of $39.58 billion, a price-to-earnings ratio of 6.83, a P/E/G ratio of 0.61 and a beta of 1.59. The company’s 50-day moving average is $9.75 and its two-hundred day moving average is $10.27. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. Ford Motor has a 1-year low of $9.06 and a 1-year high of $14.85.

Bank of America (BAC)

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.

Shares of BAC traded down $0.14 during mid-day trading on Tuesday, reaching $41.60. 9,925,981 shares of the company’s stock traded hands, compared to its average volume of 37,149,888. Bank of America has a 12 month low of $34.15 and a 12 month high of $48.08. The stock has a market capitalization of $316.24 billion, a P/E ratio of 12.91, a price-to-earnings-growth ratio of 1.21 and a beta of 1.32. The business’s 50-day moving average price is $44.35 and its 200-day moving average price is $43.95. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.78 and a current ratio of 0.78.