Automotive Stocks To Consider – January 20th

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 the shares of publicly traded companies that are involved in the manufacturing, distribution, and sale of vehicles, vehicle parts, or related services within the automotive industry. Investors may choose to buy or sell these stocks based on the financial performance and outlook of the companies, as well as broader trends within the automotive sector. 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.

Shares of TSLA traded up $12.68 on Monday, reaching $426.50. 94,422,250 shares of the stock traded hands, compared to its average volume of 80,357,656. The firm has a market cap of $1.37 trillion, a price-to-earnings ratio of 116.85, a P/E/G ratio of 6.53 and a beta of 2.30. Tesla has a 12 month low of $138.80 and a 12 month high of $488.54. The stock’s 50-day moving average price is $389.94 and its 200-day moving average price is $288.78. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.84 and a quick ratio of 1.37.

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 up $4.14 during midday trading on Monday, reaching $137.71. 200,365,998 shares of the company’s stock were exchanged, compared to its average volume of 184,317,696. 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 company’s 50 day simple moving average is $138.99 and its two-hundred day simple moving average is $129.05. NVIDIA has a 12 month low of $56.11 and a 12 month high of $153.13. The firm has a market capitalization of $3.37 trillion, a PE ratio of 54.20, a price-to-earnings-growth ratio of 2.45 and a beta of 1.64.

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.

NYSE TSM traded down $3.27 during trading on Monday, reaching $211.52. 21,549,070 shares of the company traded hands, compared to its average volume of 11,245,926. Taiwan Semiconductor Manufacturing has a 1-year low of $109.48 and a 1-year high of $222.20. The company has a market cap of $1.10 trillion, a price-to-earnings ratio of 33.90, a P/E/G ratio of 0.76 and a beta of 1.07. The stock’s 50 day moving average price is $198.02 and its two-hundred day moving average price is $184.52. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57.