Best app for stock market knowledge
GM is an old, established company with high revenue and strong fundamentals, with annual sales of over $130 billion and P/E ratio of 7.28, this automotive stock is a great one to watch or buy, not only for car lovers.Įven though this is not a stock that has been showing the best performance in recent years, a best automotive stocks list would be incomplete without Ford. General Motors is the second largest US auto manufacturer by market cap, just after Tesla.
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Some of the best automotive stocks to buy for stable, long-term growth are General Motors, Ford, Stellantis, Ferrari and Toyota. This list includes two US companies and three companies that are traded on the NYSE but are headquartered overseas.
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All of these trade on the New York Stock Exchange and other exchanges. Also car makers sometimes get listed on several major stock markets, which is why we’ve included Ferrari, Toyota, and Stellantis in this list. Cars of all brands tend to be manufactured in different places around the world. There are very strong automotive stocks from Europe and Japan, and some famous brands are owned by groups and holdings registered in other countries. What’s special about the Top Auto companies?Įven though the US automotive industry is strong, this market is truly global. For example, companies from S&P 500 that are stable and present on the market for many years. There is the pull of companies that are always on the list of automotive stocks to buy now.
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Gainy app creates stock lists and categories depending on NASDAQ Composite and current market information. Which automotive stocks are included in the categories?