Automotive Stocks To Watch Now – April 17th

NVIDIA, Tesla, Taiwan Semiconductor Manufacturing, Hertz Global, and Bank of America are the five Automotive stocks to watch today, according to MarketBeat’s stock screener tool. Automotive stocks are shares of companies involved in the design, manufacturing, and distribution of vehicles, as well as the production of related components and services. These stocks can include traditional automakers, electric vehicle manufacturers, and firms specializing in automotive technology and parts, making them closely tied to industry trends and consumer demand for transportation solutions. 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.

Shares of NASDAQ NVDA traded down $3.27 during mid-day trading on Thursday, reaching $101.22. The company had a trading volume of 150,404,887 shares, compared to its average volume of 312,762,012. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. NVIDIA has a 52-week low of $75.61 and a 52-week high of $195.95. The stock has a market cap of $2.47 trillion, a P/E ratio of 39.70, a PEG ratio of 1.76 and a beta of 1.96. The firm has a 50 day simple moving average of $117.83 and a two-hundred day simple moving average of $130.03.

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 $0.11 during trading on Thursday, hitting $241.66. 40,916,755 shares of the stock were exchanged, compared to its average volume of 95,791,134. The stock has a fifty day moving average price of $277.86 and a two-hundred day moving average price of $322.47. The firm has a market capitalization of $777.29 billion, a P/E ratio of 117.99, a PEG ratio of 5.86 and a beta of 2.58. Tesla has a 1-year low of $138.80 and a 1-year high of $488.54. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08.

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.

Taiwan Semiconductor Manufacturing stock traded up $1.03 during midday trading on Thursday, hitting $152.70. 15,564,711 shares of the company’s stock were exchanged, compared to its average volume of 18,432,045. The firm’s 50 day simple moving average is $175.99 and its 200 day simple moving average is $190.27. Taiwan Semiconductor Manufacturing has a 12-month low of $125.78 and a 12-month high of $226.40. 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 stock has a market cap of $791.96 billion, a price-to-earnings ratio of 21.66, a price-to-earnings-growth ratio of 0.66 and a beta of 1.16.

Hertz Global (HTZ)

The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc., operates the Hertz, Dollar and Thrifty vehicle rental brands in approximately 9,700 corporate and franchisee locations throughout North America, Europe, The Caribbean, Latin America, Africa, the Middle East, Asia, Australia, and New Zealand.

HTZ stock traded up $2.14 during trading on Thursday, hitting $7.85. The company had a trading volume of 147,961,859 shares, compared to its average volume of 9,606,229. The firm has a 50-day moving average price of $4.00 and a 200-day moving average price of $3.83. Hertz Global has a 1-year low of $2.47 and a 1-year high of $8.20. The firm has a market cap of $2.41 billion, a PE ratio of -0.84 and a beta of 2.37. The company has a quick ratio of 1.57, a current ratio of 1.64 and a debt-to-equity ratio of 106.76.

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 Bank of America stock traded up $0.45 during trading hours on Thursday, hitting $37.78. 18,796,027 shares of the company were exchanged, compared to its average volume of 45,717,184. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $287.20 billion, a price-to-earnings ratio of 11.71, a P/E/G ratio of 1.21 and a beta of 1.24. The business has a 50-day moving average of $41.65 and a 200-day moving average of $43.62. Bank of America has a 1 year low of $33.06 and a 1 year high of $48.08.