Auto Roundup: MGA & STLA Buyout Deals, KMX’s Quarterly Results & More

Last week, the European Automobile Manufacturers Association released data for commercial car registrations for November and the first 11 months of 2022. The European Union (EU) commercial vehicle market inched down 0.6% last month, representing the 17th straight month of decline. While sales of trucks improved from the year-ago month, van and bus sales declined.… Continue reading Auto Roundup: MGA & STLA Buyout Deals, KMX’s Quarterly Results & More

Jim Cramer Is Bearish On These 10 Stocks

In this article, we discuss 10 stocks that Jim Cramer is bearish on. Stocks plummeted for a fourth consistent trading week on December 19, crushed by rising recession fears. However, CNBC’s Jim Cramer noted that there could be a buying opportunity in the equity markets ahead of a potential rally. On December 19, Cramer told investors: … Continue reading Jim Cramer Is Bearish On These 10 Stocks

Why Tesla, Nio Stocks Can’t Seem to Stop Falling

MarketWatch Nio stock drops after EV maker cut delivery guidance Shares of Nio Inc. took a dive Tuesday, after the China-based electric vehicle maker said it was “prudently” cutting its fourth-quarter deliveries estimate, citing COVID-related production challenges and continued supply chain constraints. “In December 2022, the company has been facing challenges in deliveries and productions,… Continue reading Why Tesla, Nio Stocks Can’t Seem to Stop Falling

Nio stock drops after Tesla halts production in Shanghai

MarketWatch Nio stock drops after EV maker cut delivery guidance Shares of Nio Inc. took a dive Tuesday, after the China-based electric vehicle maker said it was “prudently” cutting its fourth-quarter deliveries estimate, citing COVID-related production challenges and continued supply chain constraints. “In December 2022, the company has been facing challenges in deliveries and productions,… Continue reading Nio stock drops after Tesla halts production in Shanghai

My Top Beaten-Down EV Stock to Buy and Hold for the Next Decade

MarketWatch Nio stock drops after EV maker cut delivery guidance Shares of Nio Inc. took a dive Tuesday, after the China-based electric vehicle maker said it was “prudently” cutting its fourth-quarter deliveries estimate, citing COVID-related production challenges and continued supply chain constraints. “In December 2022, the company has been facing challenges in deliveries and productions,… Continue reading My Top Beaten-Down EV Stock to Buy and Hold for the Next Decade

Investors in Linamar (TSE:LNR) have made a return of 26% over the past three years

It might be of some concern to shareholders to see the Linamar Corporation (TSE:LNR) share price down 11% in the last month. On the other hand the share price is higher than it was three years ago. Arguably you’d have been better off buying an index fund, because the gain of 22% in three years… Continue reading Investors in Linamar (TSE:LNR) have made a return of 26% over the past three years

Is Magna International Inc.’s (TSE:MG) Recent Price Movement Underpinned By Its Weak Fundamentals?

Magna International (TSE:MG) has had a rough month with its share price down 8.4%. We, however decided to study the company’s financials to determine if they have got anything to do with the price decline. Long-term fundamentals are usually what drive market outcomes, so it’s worth paying close attention. Particularly, we will be paying attention… Continue reading Is Magna International Inc.’s (TSE:MG) Recent Price Movement Underpinned By Its Weak Fundamentals?

Nio Day 2022: New EC7 Coupe, Improved ES8 Flagship SUV, 3rd-Gen Power-Swap Station And More

Chinese electric vehicle maker Nio, Inc. (NYSE: NIO) held its “Nio Day 2022” at Hefei City on Saturday. It announced a new model and an improved version of its flagship SUV, among other things. The annual event went by the theme “Feel the light.” New Coupe SUV: The coupe SUV named EC7 and the improved ES8 are both based on… Continue reading Nio Day 2022: New EC7 Coupe, Improved ES8 Flagship SUV, 3rd-Gen Power-Swap Station And More

Eaton Corporation plc (NYSE:ETN) is a favorite amongst institutional investors who own 84%

If you want to know who really controls Eaton Corporation plc (NYSE:ETN), then you’ll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 84% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises… Continue reading Eaton Corporation plc (NYSE:ETN) is a favorite amongst institutional investors who own 84%

Continental (ETR:CON) shareholders have endured a 69% loss from investing in the stock five years ago

Continental Aktiengesellschaft (ETR:CON) shareholders should be happy to see the share price up 16% in the last quarter. But that is little comfort to those holding over the last half decade, sitting on a big loss. In that time the share price has delivered a rude shock to holders, who find themselves down 75% after… Continue reading Continental (ETR:CON) shareholders have endured a 69% loss from investing in the stock five years ago