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Promising Automotive Stocks To Watch Now - March 28th

Tesla logo with Auto/Tires/Trucks background
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Tesla, NVIDIA, and Taiwan Semiconductor Manufacturing are the three Automotive stocks to watch today, according to MarketBeat's stock screener tool. Automotive stocks refer to shares issued by companies that manufacture, sell, or supply vehicles and related components in the transportation industry. They provide investors with exposure to the automotive market, encapsulating various aspects such as vehicle production, technological innovation, and market regulations. These stocks can include well-known automakers, parts suppliers, and firms involved in emerging automotive technologies. 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.

Tesla stock traded down $8.99 during mid-day trading on Friday, reaching $264.15. 64,560,729 shares of the stock traded hands, compared to its average volume of 92,439,249. The business's 50-day moving average is $324.59 and its 200-day moving average is $321.35. The stock has a market capitalization of $849.63 billion, a PE ratio of 129.16, a price-to-earnings-growth ratio of 5.86 and a beta of 2.50. Tesla has a 12-month low of $138.80 and a 12-month 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.

Read Our Latest Research Report on TSLA

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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 $1.73 during trading on Friday, hitting $109.70. The company's stock had a trading volume of 104,783,971 shares, compared to its average volume of 311,261,910. The company has a 50-day moving average of $125.57 and a 200-day moving average of $131.32. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. The firm has a market cap of $2.68 trillion, a price-to-earnings ratio of 43.11, a P/E/G ratio of 1.76 and a beta of 1.77. NVIDIA has a 12 month low of $75.61 and a 12 month high of $153.13.

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 down $3.01 on Friday, hitting $165.23. 5,641,288 shares of the company's stock were exchanged, compared to its average volume of 15,084,698. 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 capitalization of $856.94 billion, a PE ratio of 23.46, a PEG ratio of 0.66 and a beta of 1.13. Taiwan Semiconductor Manufacturing has a 1 year low of $125.78 and a 1 year high of $226.40. The company has a 50-day simple moving average of $193.26 and a 200-day simple moving average of $192.32.

Read Our Latest Research Report on TSM

See Also

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