This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.
Copyright 2024 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.08% per year. These returns cover a period from January 1, 1988 through May 6, 2024. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
Visit Performance Disclosure for information about the performance numbers displayed above.
Visit www.zacksdata.com to get our data and content for your mobile app or website.
Real time prices by BATS. Delayed quotes by Sungard.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This site is protected by reCAPTCHA and the Google Privacy Policy, DMCA Policy and Terms of Service apply.
Hey everybody, Dave Bartosiak with Trending Stocks at Zacks.com. You don’t have to go to CarMax (KMX - Free Report) to realize that used car prices have been coming crashing down to Earth. Rates are on the rise, pinching car dealers at the other end of the spectrum as well. Seeing the challenges to the landscape, EV manufacturer Tesla (TSLA - Free Report) has been aggressively slashing prices on its new vehicles. The Model S and Model X now start at 90k and 100k in the us. The Plaid versions of both cars are now $26k and $29k less than they were selling at in early January. Elon Musk claims he’s reducing the prices a little bit to induce a large impact on demand.
Tesla has a unique advantage over traditional manufacturers when it comes to pricing. Other dealers get an MSRP from the manufacturer, which are just that, the manufacturer’s suggested retail prices. Then the dealer can decide they’re gonna bang you up for $30k over MSRP. All the new Teslas out there come from a factory-owned store.
Let’s take a look at Zacks.com and see which auto manufacturers have the strongest earnings trends. These companies include Nikola (NKLA - Free Report) and Blue Bird (BLBD - Free Report) .
Every time you share this video, somebody gets a great deal on a new car. Subscribe to the YouTube channel, Twitter @bartosiastics, and be sure to check out Zacks.com/promo for this week’s deal on Stocks Under $10. I’m Dave Bartosiak with Trending Stocks and I’ll see you next time.
Free Report: Must-See Energy Stocks for 2023
Record profits at oil companies can mean big gains for you. With soaring demand and elevated prices, oil stocks could be top performers by far in 2023. Zacks has released a special report revealing the 4 oil stocks experts believe will deliver the biggest gains. (You’ll never guess Stock #2!)
Download Oil Market on Fire today, absolutely free.
Get the latest research report on KMX - FREE
Get the latest research report on TSLA - FREE
Get the latest research report on BLBD - FREE
Get the latest research report on NKLA - FREE