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.