Automotive Stocks To Consider – August 18th

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 involved in the design, manufacturing, distribution, and servicing of motor vehicles and related components. Investors buy these equities to gain exposure to the automotive industry’s growth prospects and risks, which can be influenced by consumer demand, technological innovation (such as electric vehicles), and global economic cycles. 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.

NVDA traded up $0.82 during trading on Monday, hitting $181.27. The company’s stock had a trading volume of 73,699,794 shares, compared to its average volume of 241,144,313. The firm’s 50 day moving average price is $163.96 and its 200-day moving average price is $135.52. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96. The stock has a market cap of $4.42 trillion, a PE ratio of 58.41, a PEG ratio of 1.59 and a beta of 2.14. NVIDIA has a twelve month low of $86.62 and a twelve month high of $184.48.

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.

TSLA traded up $3.34 during trading on Monday, hitting $333.90. The company’s stock had a trading volume of 31,154,843 shares, compared to its average volume of 105,460,875. The firm’s 50 day moving average price is $320.41 and its 200-day moving average price is $304.57. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.04 and a quick ratio of 1.55. The stock has a market cap of $1.08 trillion, a PE ratio of 192.93, a PEG ratio of 11.49 and a beta of 2.33. Tesla has a twelve month low of $202.59 and a twelve month high of $488.54.

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 stock traded down $0.18 on Monday, reaching $242.26. 3,913,856 shares of the stock were exchanged, compared to its average volume of 7,205,244. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.14. The stock has a market cap of $231.60 billion, a P/E ratio of 37.93, a price-to-earnings-growth ratio of 2.20 and a beta of 1.37. The firm has a 50 day moving average of $260.41 and a two-hundred day moving average of $274.82. Salesforce has a 1-year low of $226.48 and a 1-year high of $369.00.