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auto-tires-trucks: Archive

Zacks Equity Research

Goodyear Stock Falls 38.8% YTD: Buy the Dip or Time to Sell?

GT's weaker commercial truck business, high debt level and rising capital expenditure cast doubt on its prospects.

GTPositive Net Change BRDCYNegative Net Change MGDDYPositive Net Change

Rimmi Singhi

Canada Joins US & EU Bandwagon to Slap Tariffs on China EVs

Canada is set to levy a 100% tariff on China-made EVs and a 25% duty on Chinese steel and aluminum to protect domestic markets from inexpensive imports.

HMCNegative Net Change TSLAPositive Net Change VWAGYPositive Net Change BYDDYPositive Net Change STLAPositive Net Change

Zacks Equity Research

Best Growth Stocks to Buy for August 27th

RCL, POWL and BLBD made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 27, 2024.

RCLPositive Net Change POWLPositive Net Change BLBDNegative Net Change

Zacks Equity Research

Here's Why Investors Should Avoid Magna (MGA) Stock Right Now

Magna (MGA) faces headwinds from lower-than-expected vehicle production in Europe, program cancellations and discontinued production of Fisker Ocean.

MGAPositive Net Change PLOWPositive Net Change DORMPositive Net Change BLBDNegative Net Change

Rimmi Singhi

Advance Auto (AAP) Falls 20% Post Weak Q2 Results: What's Next?

Despite Advance Auto (AAP) trading close to its 52-week low after Q2 earnings miss, we don't advise buying the stock on the dip amid numerous near-term headwinds.

ORLYPositive Net Change AAPPositive Net Change AZONegative Net Change

Zacks Equity Research

Stock Market News for Aug 26, 2024

Wall Street closed sharply higher on Friday, led by a rally in mega-cap growth stocks.

NVDAPositive Net Change TSLAPositive Net Change

Tracey Ryniec

Bear of the Day: Advance Auto Parts (AAP)

Shares are near 5-year lows.

AAPPositive Net Change

Zacks Equity Research

General Motors' (GM) Cruise Teams Up With Uber to Offer Robotaxi

General Motors' (GM) Cruise is set to offer its autonomous vehicles on the Uber platform starting next year to revive its robotaxi business.

GMPositive Net Change TSLAPositive Net Change GOOGLPositive Net Change UBERPositive Net Change

Zacks Equity Research

Advance Auto (AAP) Q2 Earnings Miss Estimates, Guidance Trimmed

Advance Auto (AAP) reports Q2 results and expects 2024 net sales in the band of $11.15-$11.25 billion, down from the prior estimate of $11.30-$11.40 billion.

AAPPositive Net Change PLOWPositive Net Change DORMPositive Net Change BLBDNegative Net Change

David Bartosiak

Bull of the Day: CarGurus (CARG)

The auto industry has been going through some serious changes. CarGurus stands at the new frontier.

CARGPositive Net Change

Zacks Equity Research

CarGurus and Bowlero have been highlighted as Zacks Bull and Bear of the Day

CarGurus and Bowlero have been highlighted as Zacks Bull and Bear of the Day.

NVDAPositive Net Change CARGPositive Net Change BOWLNegative Net Change

Zacks Equity Research

Tesla (TSLA) Recalls 9k Model X SUVs to Fix Roof Trim Pieces

Tesla (TSLA) recalls nearly 9,100 Model X SUVs in the United States due to a potential issue with roof trim that could detach.

TSLAPositive Net Change PLOWPositive Net Change DORMPositive Net Change BLBDNegative Net Change

Zacks Equity Research

Hyliion (HYLN) & Jardine Team Up to Explore KARNO Technology

Hyliion (HYLN) signs an MOU with Jardine to explore the use of its advanced KARNO technology in power generation projects.

PLOWPositive Net Change DORMPositive Net Change BLBDNegative Net Change HYLNPositive Net Change

Rimmi Singhi

Ford (F) Adjusts EV Strategy: How Should You Play the Stock Now?

As Ford (F) recalibrates its EV strategy amid slow adoption and pricing pressure, let's evaluate its fundamentals to see if the stock is worth investing in now.

FNegative Net Change TMNegative Net Change GMPositive Net Change STLAPositive Net Change

Kinjel Shah

5 Low Price-to-Book Stocks Worth Adding to Your Portfolio

The P/B ratio helps to identify low-priced stocks with high growth prospects. GM, ITRI, CSIQ, ENS and GBX are some such stocks.

ITRINegative Net Change CSIQPositive Net Change GMPositive Net Change GBXPositive Net Change ENSPositive Net Change

Kevin Cook

Bear of the Day: Cars.com (CARS)

Shares may be cheap, but the earnings estimate trend is still slipping after the 2023 spike

CARSNegative Net Change

Tirthankar Chakraborty

Jackson Hole Event is Bullish for Stocks: HCA, RCL, GM to Gain

HCA Healthcare (HCA), Royal Caribbean Cruises (RCL) and General Motors (GM) can make the most of the promising period surrounding the Jackson Hole gathering.

RCLPositive Net Change GMPositive Net Change HCANegative Net Change

Zacks Equity Research

Oshkosh (OSK) Falls 9.6% Since Q2 Earnings Beat Estimates

Oshkosh (OSK) reports better-than-expected second-quarter results and expects full-year 2024 adjusted earnings per share of $11.75, up from the prior guidance of $11.25.

OSKPositive Net Change PLOWPositive Net Change DORMPositive Net Change BLBDNegative Net Change

Rimmi Singhi

Insider Selling at Cummins (CMI): Time to Exit the Stock?

Sharon Barner's recent share sale doesn't necessarily signal doubt in Cummins' (CMI) future. With solid fundamentals and a focus on long-term growth, we recommend holding CMI stock.

CATPositive Net Change BWAPositive Net Change CMIPositive Net Change PCARPositive Net Change

Zacks Equity Research

Zacks.com featured highlights Universal Health, General Motors, EnerSys and Itron

Universal Health, General Motors, EnerSys and Itron have been highlighted in this Screen of The Week article.

ITRINegative Net Change UHSPositive Net Change GMPositive Net Change ENSPositive Net Change

Zacks Equity Research

Company News for Aug 20, 2024

Companies In The News Are: EL, ZIM, GM, AMD.

AMDPositive Net Change ELPositive Net Change GMPositive Net Change ZIMPositive Net Change

Zacks Equity Research

Here's Why You Should Retain Oshkosh (OSK) Stock for Now

Oshkosh (OSK) is set to gain from a solid backlog, buyout of JBT's AeroTech business and ongoing support for defense programs amid rising capital spending and high ramp-up costs.

OSKPositive Net Change PLOWPositive Net Change DORMPositive Net Change BLBDNegative Net Change

Sumit Singh

4 Low P/CF Stocks to Buy Now as Market Confidence Soars

Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. UHS, GM, ENS & ITRI boast low P/CF ratios.

ITRINegative Net Change UHSPositive Net Change GMPositive Net Change ENSPositive Net Change

Zacks Equity Research

Zacks Industry Outlook Highlights Penske Automotive and Rush Enterprises

Penske Automotive and Rush Enterprises are part of the Zacks Industry Outlook article.

PAGPositive Net Change RUSHAPositive Net Change

Zacks Equity Research

Toyota (TM) to Convert Its Entire Lineup to Hybrid-Only

Toyota (TM) aims to cease the production of vehicles that run solely on gasoline and convert its entire lineup to hybrid-only models.

TMNegative Net Change PLOWPositive Net Change DORMPositive Net Change BLBDNegative Net Change