Automotive Stocks To Keep An Eye On – June 12th

Tesla, NVIDIA, Taiwan Semiconductor Manufacturing, Micron Technology, and Salesforce are the five Automotive stocks to watch today, according to MarketBeat’s stock screener tool. Automotive stocks are shares of publicly traded companies involved in the design, manufacture, distribution, and sale of motor vehicles and related components. Investors buy and sell these equities to gain exposure to the performance of automakers, parts suppliers, and ancillary services within the automotive industry. Their value typically reflects factors such as consumer demand, technological innovation (e.g., electric vehicles), supply-chain dynamics, and global economic conditions. 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 NASDAQ:TSLA traded up $3.84 on Thursday, hitting $330.27. The company had a trading volume of 49,597,571 shares, compared to its average volume of 100,480,283. The company has a market cap of $1.06 trillion, a PE ratio of 161.90, a PEG ratio of 5.86 and a beta of 2.47. The business has a 50 day moving average of $295.60 and a 200 day moving average of $333.11. Tesla has a 52-week low of $169.80 and a 52-week high of $488.54. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08.

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.

NVDA traded up $1.31 on Thursday, reaching $144.14. 85,994,286 shares of the company’s stock were exchanged, compared to its average volume of 276,634,417. 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 twelve month low of $86.62 and a twelve month high of $153.13. The company has a market cap of $3.52 trillion, a price-to-earnings ratio of 56.73, a PEG ratio of 1.76 and a beta of 2.12. The company’s 50 day moving average is $120.91 and its 200-day moving average is $126.34.

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 $1.00 during midday trading on Thursday, hitting $214.35. 5,189,861 shares of the stock traded hands, compared to its average volume of 15,746,129. Taiwan Semiconductor Manufacturing has a 1-year low of $133.57 and a 1-year high of $226.40. 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 business’s 50 day moving average price is $177.44 and its two-hundred day moving average price is $188.32. The firm has a market capitalization of $1.11 trillion, a PE ratio of 30.45, a price-to-earnings-growth ratio of 0.66 and a beta of 1.27.

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.

NASDAQ:MU traded down $0.55 on Thursday, hitting $115.48. 7,911,691 shares of the company’s stock traded hands, compared to its average volume of 23,623,062. The company has a current ratio of 2.72, a quick ratio of 1.75 and a debt-to-equity ratio of 0.28. Micron Technology has a 1 year low of $61.54 and a 1 year high of $157.54. The firm has a 50-day moving average price of $86.24 and a 200-day moving average price of $92.43. The company has a market cap of $129.06 billion, a PE ratio of 33.28 and a beta of 1.28.

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.

CRM stock traded up $0.86 during mid-day trading on Thursday, hitting $266.77. The stock had a trading volume of 3,249,578 shares, compared to its average volume of 6,565,838. The stock has a market capitalization of $255.03 billion, a price-to-earnings ratio of 43.88, a PEG ratio of 2.58 and a beta of 1.38. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14. Salesforce has a 1-year low of $227.77 and a 1-year high of $369.00. The company has a fifty day moving average of $267.35 and a 200 day moving average of $301.22.