NIO Inc. (NIO) Stock Moves -0.29%: What You Should Know

NIO Inc. (NIO) closed at $45.02 in the latest trading session, marking a -0.29% move from the prior day. This move was narrower than the S&P 500’s daily loss of 0.54%. Heading into today, shares of the company had gained 32.06% over the past month, outpacing the Auto-Tires-Trucks sector’s gain of 8.28% and the S&P… Continue reading NIO Inc. (NIO) Stock Moves -0.29%: What You Should Know

Magna (MGA) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Magna (MGA) closed at $96.52, marking a -1.83% move from the previous day. This change lagged the S&P 500’s daily gain of 0.18%. Prior to today’s trading, shares of the automotive supply company had gained 1.78% over the past month. This has lagged the Auto-Tires-Trucks sector’s gain of 7.54% and… Continue reading Magna (MGA) Stock Sinks As Market Gains: What You Should Know

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

Magna International (TSE:MG) has had a rough week with its share price down 4.6%. We, however decided to study the company’s financials to determine if they have got anything to do with the price decline. Stock prices are usually driven by a company’s financial performance over the long term, and therefore we decided to pay… Continue reading Is Magna International Inc.’s (TSE:MG) Recent Price Movement Underpinned By Its Weak Fundamentals?

Here’s Why You Should Consider Investing in A. O. Smith (AOS)

A. O. Smith Corporation AOS currently boasts robust prospects on strength across its businesses, acquired asset, focus on debt reduction and shareholder-friendly policies. Notably, the Zacks Rank #2 (Buy) company has a market capitalization of $11.1 billion. In the past six months, the stock has gained 24.4% compared with the industry’s growth of 21.5%. Zacks… Continue reading Here’s Why You Should Consider Investing in A. O. Smith (AOS)

Aisin Seiki Co. Ltd. Unsponsored ADR (ASEKY) Is Attractively Priced Despite Fast-paced Momentum

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage — “buy low and sell high.” Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by “buying high and selling higher.”… Continue reading Aisin Seiki Co. Ltd. Unsponsored ADR (ASEKY) Is Attractively Priced Despite Fast-paced Momentum

Here’s What’s Concerning About Lear’s (NYSE:LEA) Returns On Capital

If you’re looking for a multi-bagger, there’s a few things to keep an eye out for. Firstly, we’ll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings… Continue reading Here’s What’s Concerning About Lear’s (NYSE:LEA) Returns On Capital

NIO Stock Is a Buy Despite the Global Chip Shortage

Chinese electric vehicle (EV) maker Nio (NYSE:NIO) saw the recent rally in its shares halt briefly this week. After ending the day at $43.68 on Jun. 7, NIO stock slightly slipped. The catalyst seems to have been May’s vehicle delivery update, which reported that volatility in semiconductor supply had impacted production for several days. Since… Continue reading NIO Stock Is a Buy Despite the Global Chip Shortage

Why NIO Stock Is Moving Higher Today

Shares of Chinese electric vehicle maker NIO (NYSE: NIO) were moving higher on Friday, after the company’s CEO confirmed that its manufacturing partner has begun construction of a second factory near NIO’s headquarters in the industrial city of Hefei. As of 1:45 p.m. EDT, NIO’s American depositary shares were up about 7% from Thursday’s closing… Continue reading Why NIO Stock Is Moving Higher Today

Top Electric Car Stocks for Q3 2021

Barrons.com Home Solar Is Cheap. The Stocks Have Soared. Buy Both. Grid electricity costs have been rising at 2.2% a year, according to the Energy Department. There’s a 26% federal tax credit on home solar installations that lasts through the end of next year, then drops to 22% for a year, then disappears. “When we… Continue reading Top Electric Car Stocks for Q3 2021