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Best stocks in the automotive industry

Jeff Kershner

Founder
May 1, 2005
3,927
1,428
Awards
2
First Name
Jeff
How many of you have or watch stock investments in the industry?

I've been playing with the market for a few years now and have done decently well percentage wise. Lately one of the better stocks has been Cars.com. Last year I grabbed a couple shares when it was sitting at over $7.00. As of today, it's hovering right above $14.00. with arrows pointing up.

Another stock is BLNK - EV charging equipment, and networked charging services. I got lucky and stumbled across this one when it was sitting at $2.50 a share and sold at $44.00. That's one you look back and slap yourself silly for not going all in on.

I also grabbed a few shares of Mazda when it was $2.80.

Anyone else play the market with companies in the automotive industry?

*if you want to add your own ticker, use the "insert media" feature in the toolbar then copy/paste the following URL with the edited "Exchange-symbol"

Example(s):

Code:
https://www.tradingview.com/symbols/NYSE-CARS/
https://www.tradingview.com/symbols/NASDAQ-BLNK/
https://www.tradingview.com/symbols/OTC:MZDAYS/



 
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joe.pistell

Uncle Joe
Apr 7, 2009
4,073
1,579
First Name
Joe
Honda is the world’s first carmaker to sell a vehicle equipped with new, certified level 3 automation technology.

 
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joe.pistell

Uncle Joe
Apr 7, 2009
4,073
1,579
First Name
Joe
Used Car Prices at wholesale are rising so fast that (in some cases) 100 day old used cars can be flipped at wholesale for MORE than your retail price.
1615554053781.png
 
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joe.pistell

Uncle Joe
Apr 7, 2009
4,073
1,579
First Name
Joe
For those players that like to geek out on this historic BUBBLE in used car prices, we're watching a perfect storm of used car demand.
  1. COVID killing Mobility as a Service (i.e. Uber, public transport, etc) creating many new car buyers
  2. COVID killing recreational spending (i.e. restaurants) creating new found free cash
  3. Interest rates at multi-generation lows
  4. Govt checks to help with neg equity/down payments
  5. COVID reducing New car supply
Every UCM on the planet should be watching this Manheim chart, daily. (I do every day)
1615555162145.png
 

joe.pistell

Uncle Joe
Apr 7, 2009
4,073
1,579
First Name
Joe
Back to this thread... If you invest in auto, all of the macro items will impact the trend of your investment. $TNX (10yr interest rates) is the 800lb gorilla that can blow everything up.
 
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