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Zacks News
CarParts.com (PRTS) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
CarParts.com (PRTS) closed the most recent trading day at $6.81, moving -1.45% from the previous trading session.
Is PACCAR (PCAR) Outperforming Other Auto-Tires-Trucks Stocks This Year?
by Zacks Equity Research
Here is how Paccar (PCAR) and CarParts.com (PRTS) have performed compared to their sector so far this year.
Autoliv (ALV) Plunges 27% in a Year: Still Safe to Hold?
by Zacks Equity Research
Despite Autoliv's (ALV) 27% drop over the past year, investors should not lose faith in the stock and stay invested on the back of growth drivers.
Winnebago (WGO) Tanks 30% in a Year: Is it a Good Entry Point?
by Zacks Equity Research
Considering the current uncertain economic conditions and expected demand decline for the company's products, Winnebago (WGO) doesn't appear a prudent pick even at current price levels.
3 Under-$10 Auto Stocks That Wall Street Analysts Recommend
by Rimmi Singhi
If you are looking for low-priced auto stocks, which are also broker favorites, PRTS, LEV and LIDR might be good additions to your portfolio.
CarParts.com (PRTS) Is Attractively Priced Despite Fast-paced Momentum
by Zacks Equity Research
CarParts.com (PRTS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Magna (MGA) to Rev Up ADAS Business With $1.5B Buyout Deal
by Zacks Equity Research
The deal builds on Magna's (MGA) ADAS business strength and seeks to enhance its portfolio with the addition of complementary products and significant engineering and software resources.
General Motors (GM) Ultium Cells Workers Vote to Join UAW
by Zacks Equity Research
Workers at the General Motors (GM) and LG Energy joint venture battery plant, Ultium Cells, Ohio, are voting to decide on UAW representation for bolstering the US labor movement.
Westport (WPRT) Wins Contract to Supply LPG to a Key OEM
by Zacks Equity Research
Westport (WPRT) announces another deal with a key OEM to supply LPG to its Euro 7 vehicle platform. The deal will generate 40 million euros in annual revenues and contribute to WPRT Europe business.
Blink (BLNK) Takes Initiatives to Bolster its EV Capabilities
by Zacks Equity Research
To strengthen its EV charging potential, Blink (BLNK) partners with ZOOZ Power. It also brings new members to its management for a more defined approach to capitalize on growing EV trends.
BorgWarner (BWA) to Spin Off Fuel Systems & Aftermarket Units
by Zacks Equity Research
BorgWarner (BWA) plans to spin off its Fuel Systems and Aftermarket business segments into a new company to better realize its electrification goals underlined in its Charging Forward strategy.
Wall Street Analysts Think CarParts.com (PRTS) Is a Good Investment: Is It?
by Zacks Equity Research
According to the average brokerage recommendation (ABR), one should invest in CarParts.com (PRTS). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
General Motors (GM) Takes Big Steps Toward Adoption of EVs
by Zacks Equity Research
General Motors (GM) launches Canada's 1st full-scale EV plant along with BrightDrop. It is set to invest another $275 million with LG Energy to boost capacity at the Ultium Cells plant.
Stellantis (STLA) Partners Qinomic for Electric Retrofitting
by Zacks Equity Research
Stellantis (STLA) and Qinomic partner for sustainable electric retrofitting solutions for LCVs. STLA CEO will launch the Ram 1500 BEV Concept and Peugeot Inception Concept at the CES event in 2023.
Does CarParts.com (PRTS) Have the Potential to Rally 114% as Wall Street Analysts Expect?
by Zacks Equity Research
The average of price targets set by Wall Street analysts indicates a potential upside of 114.2% in CarParts.com (PRTS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Ford (F) to Invest Another $180M in UK's Halewood EV Unit
by Zacks Equity Research
Ford (F) pledges $180 million in Halewood powertrain plant to bolster EV supply in Europe. The investment will strengthen the company's Ford+ electrification plan.
Zacks.com featured highlights include CarParts.com, TravelCenters of America, Clearfield, Apollo Commercial Real Estate Finance and Ladder Capital.
by Zacks Equity Research
CarParts.com, TravelCenters of America, Clearfield, Apollo Commercial Real Estate Finance and Ladder Capital are part of the Zacks Screen of the Week article.
Ford (F) Manufactures its 150,000th Mustang Mach-E SUV
by Zacks Equity Research
Ford (F) recently completed production of the 150,000th unit of its popular Mustang Mach-E SUV. This will bolster its target of 2 million EV production annually by 2026.
Cummins (CMI) Acquires Siemens Commercial Vehicles Business
by Zacks Equity Research
Cummins (CMI) completes the acquisition of Siemens Commercial Vehicles business. The transaction has been made through CMI's subsidiary, Meritor. The buyout bolsters CMI's net-zero emission mission.
JinkoSolar and C.H. Robinson Worldwide have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
JinkoSolar and C.H. Robinson Worldwide are part of the Zacks Bull and Bear of the Day article.
Lithia (LAD) CDJR Dealership Buyout Expands its Texas Footprint
by Zacks Equity Research
Lithia (LAD) purchases the second-largest CDJR store in Texas to solidify its business. The buyout will generate $200 million in annual revenues.
Tesla (TSLA) Recalls +80K EVs in China, Revamps Model 3
by Zacks Equity Research
Tesla (TSLA) is recalling more than 80,000 EVs, covering Models S, X and 3 in China over software and seatbelt glitches. It is redesigning and simplifying Model 3 to cut production costs.
New Analysts Initiate Coverage: Top 5 Stocks to Buy
by Shrabana Mukherjee
Increased analyst coverage over the past few weeks may lead to solid price appreciation for stocks like CarParts.com (PRTS), TravelCenters of America (TA), Clearfield (CLFD), Apollo Commercial Real Estate Finance (ARI) and Ladder Capital (LADR).
Stellantis' (STLA) Lancia Brand Launches Radical EV Design
by Zacks Equity Research
Stellantis (STLA) brand Lancia unveils a breakthrough futuristic demo EV model under its Renaissance strategy. The Pu+Ra Zero model provides a plush homely experience for passengers and drivers.
Ford (F) Recalls 634K+ SUVs Over Malfunctioning Fuel Injectors
by Zacks Equity Research
Ford (F) is recalling more than 634,000 SUVs due to faulty fuel injectors that may cause fuel or vapor leakage increasing the risk of fires.