Do You Have These Top Electric Vehicle Stocks To Watch List Today?Electric vehicle (EV) stocks have been one of the best performing industries in the stock market for the past year. This should not come as a surprise considering awareness for green alternatives is growing at a fr
Investors in Ford Motor Co. (Symbol: F) saw new options become available today, for the May 28th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the F options chain for the new May 28th contracts and identified one put and one call contrac
General Motors (NYSE: GM) said this week that its China deliveries rose 69% in the first quarter from a year ago as it continued to benefit from a product-line overhaul and the country's recovery from the pandemic. GM and its joint-venture partners delivered over 780,000 vehicles
Ford Motor Company (NYSE: F) said today that it sold nearly 154,000 vehicles in China in the first quarter, up 73% from a year ago, as the company continued to rebound from business missteps and the COVID-19 outbreak in early 2020. Ford's sales in China have now increased year ov
U.S. Senate leaders are preparing to introduce legislation on semiconductors, President Joe Biden said on Wednesday as the nation wrestles with an ongoing shortage of the critical technology used in a range of devices from cars to computers.
What happenedShares of XL Fleet (NYSE: XL) have taken a beating since a short-seller report in February said its sales order pipeline has been exaggerated. Today a new order announcement from the company that electrifies fossil-fuel-powered trucks has investors buying back in. At
Which Of These Automakers Is The Better EV Stock In The Stock Market Today?The automotive space is going electric at a frantic pace, with old and new companies seemingly rushing into the space. That’s expected because electric vehicle stocks have made unprecedented gains in
Pam Fletcher wants to change the way General Motors Co makes money. The veteran GM engineer's Global Innovation team is looking for new enterprises to expand the automaker's sources of revenue well beyond vehicle sales and is incubating ventures from commercial delivery services to vehicle insurance, to address future markets worth an estimated $1.3 trillion.
General Motors (NYSE: GM) confirmed on Tuesday what most electric-vehicle investors had suspected: A battery-electric version of the huge-selling Chevrolet Silverado pickup is on the way.At an event at GM's Factory ZERO, a Detroit-area plant that is being renovated to build elect
Silicon Valley self-driving startup Gatik and Isuzu North America Corp on Tuesday said they will work together to build autonomous delivery trucks that Gatik will use to serve its retailer customers.
A U.S. auto industry group on Monday urged the government to help as it warned the global semiconductor shortage could result in 1.28 million fewer vehicles built this year and disrupt production for another six months.
There's nothing like regular dividends to encourage investors. It's one thing to get paid quarterly, but getting paid every month is even better, particularly if the yield is more than 4%.Monthly dividend stocks are often real estate investment trusts (REITs) or business developm
Intel Corp Chief Executive Officer Pat Gelsinger will virtually attend a meeting being put together by President Joe Biden's administration for April 12 to discuss the semiconductor supply chain issues disrupting U.S. automotive factories, according to a person familiar with the matter.
The iShares Global 100 ETF is seeing unusually high volume in afternoon trading Monday, with over 697,000 shares traded versus three month average volume of about 107,000. Shares of IOO were up about 1.7% on the day.
Ford Motor Company (NYSE: F) said today that its U.S. retail sales jumped 23% in the first quarter from a year ago, as it scrambled to fill surging demand for its trucks, SUVs, and the new electric Mustang Mach-E amid a global shortage of semiconductors. With its production still
Ford Motor announced that it sold 521,334 vehicles in the U.S. during the first quarter, reflecting growth of 1% year-over-year. Meanwhile, Ford’s U.S. retail sales spiked 23.1% during 1Q.
Ford’s (F) truck sales grew 5.1%, while SUV sales jumped 14.3%. However, car sales declined 56.7% year-over-year, during the quarter. Ford’s EV [electric vehicles] sales increased 74.1% year-over-year, with 25,980 vehicles sold, supported by the fully electric Mustang Mach-E and F-150 PowerBoost Hybrid.
Andrew Frick, vice president of Ford Sales U.S. and Canada said, “Our customers are really embracing our new electrified vehicle lineup.” He added, “Our all-new Bronco Sport posted record monthly sales in March and helped power Ford Brand SUVs to their best start in 20 years.” (See Ford Motor stock analysis on TipRanks)
On March 29, Jefferies analyst Philippe Houchois raised the stock’s price target to $16 (31.5% upside potential) from $14, as the analyst believes that automakers should re-rate their valuation multiples higher amid the electric vehicle transition. Houchois maintained a Buy rating on the stock.
Overall, consensus among analysts is a Moderate Buy based on 6 Buys, 5 Holds and 1 Sell. The average analyst price target of $12.91 implies upside potential of about 6.1% to current levels. Shares have gained about 152% in one year.
Should Investors Have These Top Automotive Stocks On Their Watchlist For Monday?With all the hype around reopening plays now, automotive stocks are in a unique position. Why? Well, for starters, conventional automotive players stand to benefit from broader economic recovery as co
Electric vehicle (EV) sales have skyrocketed since 1999, when the U.S. Department of Transportation reported that only 17 hybrid electric vehicles were sold. Look even further back in the rearview mirror and you'll find that the story of EVs is much more complicated. In 1900 -- 1
A push to attract young and diverse talent and global consumers is behind some of corporate America's willingness to speak out on politically charged issues like Georgia's new voting law, executives and corporate governance experts said.