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Best Automotive Stocks To Follow Now – March 14th

Best Automotive Stocks To Follow Now – March 14th

  • 16.03.2025 16:06
  • etfdailynews.com
  • Keywords: success, success

MarketBeat highlights seven top automotive stocks to watch: NVIDIA, Tesla, Micron Technology, Costco Wholesale, Taiwan Semiconductor Manufacturing, Salesforce, and Bank of America. These companies show strong trading volumes and varied performance metrics in recent markets.

Nvidia ProductsNVDAsentiment_satisfiedTSLAsentiment_satisfied

Estimated market influence

NVIDIA

NVIDIA

Positivesentiment_satisfied
Analyst rating: Strong buy

NVIDIA's stock price increased by $5.11, with high trading volume and strong market position.

Tesla

Tesla

Positivesentiment_satisfied
Analyst rating: Neutral

Tesla's stock rose by $6.94, indicating positive investor sentiment.

Context

Automotive Stocks Analysis - March 14th

NVIDIA (NVDA)

  • Stock Price: $120.69
  • Volume: 129,646,419 shares (vs. average 323,260,501)
  • Market Cap: $2.94 trillion
  • P/E Ratio: 47.59
  • Beta: 1.77
  • Key Metrics: Quick ratio 3.64, current ratio 4.10, debt-to-equity ratio 0.13
  • Price Movements: Traded up $5.11 during Friday trading.

Tesla (TSLA)

  • Stock Price: $247.62
  • Volume: 51,638,345 shares (vs. average 87,735,477)
  • Market Cap: $796.46 billion
  • P/E Ratio: 121.59
  • Beta: 2.50
  • Key Metrics: Quick ratio 1.61, current ratio 2.02, debt-to-equity ratio 0.08
  • Price Movements: Traded up $6.94 during Friday trading.

Micron Technology (MU)

  • Stock Price: $100.64
  • Volume: 14,310,040 shares (vs. average 21,931,400)
  • Market Cap: $112.13 billion
  • P/E Ratio: 29.00
  • Beta: 1.23
  • Key Metrics: Quick ratio 1.75, current ratio 2.72, debt-to-equity ratio 0.28
  • Price Movements: Traded up $5.76 during mid-day trading.

Costco Wholesale (COST)

  • Stock Price: $900.71
  • Volume: 1,271,145 shares (vs. average 1,812,034)
  • Market Cap: $399.83 billion
  • P/E Ratio: 52.90
  • Beta: 0.81
  • Key Metrics: Quick ratio 0.43, current ratio 0.98, debt-to-equity ratio 0.23
  • Price Movements: Traded up $10.09 during Friday trading.

Taiwan Semiconductor Manufacturing (TSM)

  • Stock Price: $173.28
  • Volume: 5,336,077 shares (vs. average 17,925,842)
  • Market Cap: $898.69 billion
  • P/E Ratio: 24.64
  • Beta: 1.13
  • Key Metrics: Quick ratio 2.30, current ratio 2.57, debt-to-equity ratio 0.24
  • Price Movements: Traded up $1.69 on Friday.

Salesforce (CRM)

  • Stock Price: $277.85
  • Volume: 2,331,372 shares (vs. average 7,035,070)
  • Market Cap: $267.02 billion
  • P/E Ratio: 45.74
  • Beta: 1.35
  • Key Metrics: Quick ratio 1.11, current ratio 1.11, debt-to-equity ratio 0.14
  • Price Movements: Traded up $6.11 during midday trading.

Bank of America (BAC)

  • Stock Price: $40.81
  • Volume: 13,868,178 shares (vs. average 35,974,589)
  • Market Cap: $310.25 billion
  • P/E Ratio: 12.69
  • Beta: 1.32
  • Key Metrics: Quick ratio 0.78, current ratio 0.78, debt-to-equity ratio 1.04
  • Price Movements: Traded up $1.14 during Friday trading.

Market Implications:

  • Tech Dominance: NVIDIA and Tesla lead in automotive tech and EVs, with high market caps and significant price movements.
  • Semiconductor Strength: Micron Technology and Taiwan Semiconductor Manufacturing highlight the importance of semiconductors in modern automotive systems.
  • Retail Resilience: Costco’s performance indicates stable consumer demand despite economic uncertainties.
  • Financial Sector: Bank of America’s metrics suggest cautious optimism in the financial sector.