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Best stocks in the automotive industry

Jeff Kershner

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May 1, 2005
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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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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)
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