Automotive Stocks To Keep An Eye On – February 09th

NVIDIA, Tesla, Salesforce, Taiwan Semiconductor Manufacturing, and Monolithic Power Systems are the five Automotive stocks to watch today, according to MarketBeat’s stock screener tool. Automotive stocks refer to investments in companies that are involved in the design, manufacturing, distribution, and/or sale of vehicles, parts, and related services within the automotive industry. By investing in automotive stocks, individuals can take ownership in businesses such as automobile manufacturers, suppliers, and retailers, and potentially benefit from the profitability and growth of the 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.

Shares of NVDA stock traded up $1.16 on Friday, reaching $129.84. 227,239,661 shares of the stock were exchanged, compared to its average volume of 291,045,696. The stock has a market cap of $3.18 trillion, a P/E ratio of 51.10, a price-to-earnings-growth ratio of 1.62 and a beta of 1.62. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. The firm has a 50 day moving average of $135.31 and a two-hundred day moving average of $129.44. NVIDIA has a 1-year low of $66.25 and a 1-year 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.

NASDAQ:TSLA traded down $12.70 on Friday, hitting $361.62. 69,251,467 shares of the stock were exchanged, compared to its average volume of 67,880,264. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08. Tesla has a fifty-two week low of $138.80 and a fifty-two week high of $488.54. The stock has a market cap of $1.16 trillion, a PE ratio of 177.27, a PEG ratio of 6.22 and a beta of 2.34. The stock has a fifty day moving average of $408.27 and a 200-day moving average of $303.93.

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.

NYSE CRM traded down $5.00 during mid-day trading on Friday, hitting $325.81. The company’s stock had a trading volume of 7,612,759 shares, compared to its average volume of 6,522,191. 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 52-week low of $212.00 and a 52-week high of $369.00. The stock’s fifty day simple moving average is $338.97 and its two-hundred day simple moving average is $300.67. The firm has a market capitalization of $311.80 billion, a P/E ratio of 53.59, a price-to-earnings-growth ratio of 2.66 and a beta of 1.31.

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 Taiwan Semiconductor Manufacturing stock traded down $4.25 during trading hours on Friday, hitting $206.25. The company’s stock had a trading volume of 11,578,920 shares, compared to its average volume of 18,992,380. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $1.07 trillion, a PE ratio of 29.30, a P/E/G ratio of 0.70 and a beta of 1.06. The business has a fifty day moving average of $204.71 and a 200 day moving average of $187.59. Taiwan Semiconductor Manufacturing has a 1-year low of $122.91 and a 1-year high of $226.40.

Monolithic Power Systems (MPWR)

Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.

NASDAQ:MPWR traded up $59.35 during mid-day trading on Friday, hitting $720.25. The company had a trading volume of 2,551,733 shares, compared to its average volume of 915,955. Monolithic Power Systems has a 1 year low of $546.71 and a 1 year high of $959.64. The firm has a market capitalization of $35.13 billion, a price-to-earnings ratio of 19.59, a PEG ratio of 2.53 and a beta of 1.03. The business has a fifty day simple moving average of $618.61 and a 200-day simple moving average of $754.90.