13.71k followers • 6 symbols Watchlist by Yahoo Finance
This basket consists of stocks expected to benefit from self-driving cars.
Curated by Yahoo Finance
Self-driving cars could be one of the biggest economic game changers in history. Unfortunately, there are no sure things in the stock market. However, there is no shortage of publicly traded companies that have exposure to this emerging business. This watch list includes companies that are well-positioned to capitalise on the advent of the autonomous car.
How did we choose these stocks?Each of these stocks was chosen by the Yahoo Finance editorial staff.
Who made these selections?Yahoo Finance is the most-read business website in the US, garnering roughly 75 million unique visitors every month. The site has extensive coverage of both consumer technology and the business of tech companies.
How are these weighted?The stocks in this watchlist are weighted equally.
Watchlist | Change today | 1-month return | 1-year return | Total return |
---|---|---|---|---|
The autonomous car | +0.66% | - | - | - |
^GSPC | +0.04% | +5.73% | +27.69% | +5609.94% |
Symbol | Company name | Last price | Change | % change | Market time | Volume | Avg vol (3-month) | Market cap |
---|---|---|---|---|---|---|---|---|
GOOG | Alphabet Inc. | 175.51 | +1.63 | +0.94% | 3:12 pm GMT-4 | 12.00M | 22.86M | 2,159.63B |
TSLA | Tesla, Inc. | 174.8999 | +0.91 | +0.52% | 3:13 pm GMT-4 | 51.83M | 98.88M | 557.79B |
F | Ford Motor Company | 12.45 | +0.14 | +1.14% | 3:12 pm GMT-4 | 29.01M | 49.77M | 49.47B |
MGA | Magna International Inc. | 47.8236 | +0.19 | +0.40% | 3:12 pm GMT-4 | 5.62M | 1.71M | 13.74B |
DLPH | - | - | - | - | - | - | - | - |
A new report from automotive research firm J.D. Power points to fading EV interest from American consumers.
Financial Analyst and YouTuber Kevin Paffrath joins Market Domination to discuss Tesla’s (TSLA) stock valuation and what to expect from the company by the end of the year. “My rule of thumb this year is patience for 2024,” Paffrath says, pointing to factors like the election and CEO Elon Musk’s posts on X that make Tesla a “tough” stock. “I’d like to get past not only the election — because then I think we’re going to see politics cool a little bit from the Elon point of view — but we’ll also have gotten past the shareholder vote. We’ll have gotten past the robotaxi event. We'll see how much adoption we actually get for full self-driving, ” he explains. Paffrath also says he’ll be closely watching how much cash Tesla will have by the end of the year: “I think there’s definitely a massive cash problem and that’s why I’m just saying patience this year.” For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
Nio (NIO) has unveiled its newest electric vehicle, the Onvo, the first of the manufacturer's lower-priced EV brand. With an official launch set for September, the Onvo is poised to hit the roads, coinciding with the expected delivery timeframe for Tesla's (TSLA) recently announced model. Market Domination Hosts Josh Lipton and Julie Hyman break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith