Top Automotive Stocks To Add to Your Watchlist – February 10th

NVIDIA, Tesla, Taiwan Semiconductor Manufacturing, Salesforce, Micron Technology, Costco Wholesale, and Onsemi are the seven Automotive stocks to watch today, according to MarketBeat’s stock screener tool. Automotive stocks refer to shares of publicly traded companies that are involved in the manufacturing, designing, marketing, or distribution of automobiles, automotive parts, or related services. Investors can buy and sell these stocks on stock exchanges to potentially profit from the performance and growth of the automotive industry. 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.

NVIDIA stock traded up $3.65 during trading hours on Monday, reaching $133.49. 111,213,431 shares of the stock were exchanged, compared to its average volume of 285,544,813. The stock has a market cap of $3.27 trillion, a P/E ratio of 52.59, a P/E/G ratio of 1.62 and a beta of 1.62. The firm’s 50 day moving average is $135.31 and its 200 day moving average is $129.55. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10. NVIDIA has a 52-week low of $66.25 and a 52-week high of $153.13.

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 down $0.47 during trading on Monday, reaching $361.15. The company’s stock had a trading volume of 38,091,757 shares, compared to its average volume of 73,180,352. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.61 and a current ratio of 2.02. The company’s fifty day moving average price is $408.27 and its 200-day moving average price is $304.55. Tesla has a 52-week low of $138.80 and a 52-week high of $488.54. The company has a market capitalization of $1.16 trillion, a price-to-earnings ratio of 177.19, a price-to-earnings-growth ratio of 6.22 and a beta of 2.34.

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 TSM traded up $0.96 during mid-day trading on Monday, hitting $207.08. The company’s stock had a trading volume of 4,970,088 shares, compared to its average volume of 18,150,990. The firm has a 50-day simple moving average of $204.71 and a 200 day simple moving average of $187.79. Taiwan Semiconductor Manufacturing has a 1-year low of $122.91 and a 1-year high of $226.40. The firm has a market capitalization of $1.07 trillion, a P/E ratio of 29.47, a P/E/G ratio of 0.70 and a beta of 1.06. The company has a current ratio of 2.57, a quick ratio of 2.30 and a debt-to-equity ratio of 0.24.

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

Shares of NYSE CRM traded up $3.26 during trading on Monday, hitting $329.09. 2,494,317 shares of the company were exchanged, compared to its average volume of 6,284,742. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.11 and a quick ratio of 1.11. Salesforce has a 1 year low of $212.00 and a 1 year high of $369.00. The company has a market cap of $314.94 billion, a price-to-earnings ratio of 54.10, a PEG ratio of 2.66 and a beta of 1.31. The firm’s fifty day moving average price is $338.97 and its 200 day moving average price is $301.03.

Micron Technology (MU)

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

MU stock traded up $3.37 during trading on Monday, reaching $95.67. 6,722,673 shares of the company were exchanged, compared to its average volume of 23,682,709. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.75 and a current ratio of 2.72. The stock’s 50 day moving average price is $96.63 and its 200 day moving average price is $98.96. Micron Technology has a 52-week low of $79.15 and a 52-week high of $157.54. The company has a market cap of $106.59 billion, a P/E ratio of 27.52 and a beta of 1.18.

Costco Wholesale (COST)

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.

Shares of NASDAQ:COST traded up $9.77 during trading on Monday, hitting $1,053.58. 565,643 shares of the stock were exchanged, compared to its average volume of 1,908,477. Costco Wholesale has a 12-month low of $697.27 and a 12-month high of $1,063.00. The company has a market cap of $467.68 billion, a PE ratio of 61.87, a P/E/G ratio of 6.26 and a beta of 0.84. The company has a fifty day moving average price of $961.27 and a two-hundred day moving average price of $915.02. The company has a current ratio of 0.98, a quick ratio of 0.43 and a debt-to-equity ratio of 0.23.

Onsemi (ON)

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group.

ON traded down $3.16 during trading on Monday, reaching $48.09. 11,817,516 shares of the stock were exchanged, compared to its average volume of 9,022,218. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.07 and a quick ratio of 2.02. The company has a market capitalization of $20.48 billion, a price-to-earnings ratio of 11.93, a P/E/G ratio of 10.27 and a beta of 1.61. Onsemi has a 1 year low of $46.57 and a 1 year high of $85.16. The business’s 50 day moving average price is $60.60 and its two-hundred day moving average price is $67.49.