Automotive Stocks To Follow Today – November 3rd

Monolithic Power Systems, Rivian Automotive, Illinois Tool Works, Upstart, and O’Reilly Automotive are the five Automotive stocks to watch today, according to MarketBeat’s stock screener tool. Automotive stocks are shares of publicly traded companies involved in producing, selling, or supplying vehicles and related products, including automakers, parts manufacturers, dealerships, and electric-vehicle firms. For stock market investors, these stocks represent ownership in the automotive industry and may be influenced by factors such as vehicle demand, interest rates, fuel prices, supply chains, and economic conditions. These companies had the highest dollar trading volume of any Automotive stocks within the last several days.

Monolithic Power Systems (MPWR)

Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.

Shares of MPWR stock traded up $100.91 during trading on Tuesday, reaching $1,344.86. The company’s stock had a trading volume of 415,393 shares, compared to its average volume of 740,525. Monolithic Power Systems has a 1-year low of $833.18 and a 1-year high of $1,714.09. The stock’s 50-day moving average price is $1,273.25 and its 200 day moving average price is $1,311.61. The company has a market capitalization of $66.09 billion, a price-to-earnings ratio of 74.34 and a beta of 1.68.

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.

NASDAQ:RIVN traded up $0.04 during midday trading on Tuesday, hitting $13.23. 11,744,986 shares of the stock were exchanged, compared to its average volume of 29,337,576. Rivian Automotive has a one year low of $11.38 and a one year high of $22.69. The business has a 50-day moving average price of $14.45 and a two-hundred day moving average price of $15.47. The company has a market capitalization of $19.15 billion, a price-to-earnings ratio of -5.90 and a beta of 1.62. The company has a current ratio of 2.10, a quick ratio of 1.65 and a debt-to-equity ratio of 0.87.

Illinois Tool Works (ITW)

Illinois Tool Works Inc. manufactures and sells industrial products and equipment in the United States and internationally. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products.

ITW stock traded down $3.16 during midday trading on Tuesday, reaching $286.89. 395,684 shares of the company’s stock traded hands, compared to its average volume of 1,378,488. The company has a market cap of $81.53 billion, a price-to-earnings ratio of 25.60, a PEG ratio of 2.97 and a beta of 0.96. Illinois Tool Works has a 1-year low of $238.82 and a 1-year high of $303.15. The company has a quick ratio of 0.81, a current ratio of 1.29 and a debt-to-equity ratio of 2.28. The company has a 50-day simple moving average of $271.57 and a two-hundred day simple moving average of $270.86.

Upstart (UPST)

Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar loans that connects consumer demand for loans to its to bank and credit unions.

Upstart stock traded up $0.31 during mid-day trading on Tuesday, hitting $21.62. 4,855,415 shares of the company’s stock traded hands, compared to its average volume of 4,652,842. Upstart has a fifty-two week low of $20.60 and a fifty-two week high of $52.10. The firm has a 50 day simple moving average of $25.15 and a two-hundred day simple moving average of $29.89. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of 44.02, a P/E/G ratio of 0.85 and a beta of 2.43.

O’Reilly Automotive (ORLY)

O’Reilly Automotive, Inc., together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.

NASDAQ ORLY traded down $0.38 during mid-day trading on Tuesday, reaching $90.33. 1,023,840 shares of the stock were exchanged, compared to its average volume of 6,429,911. O’Reilly Automotive has a one year low of $82.59 and a one year high of $102.46. The stock has a 50 day simple moving average of $87.23 and a 200-day simple moving average of $90.51. The stock has a market cap of $73.07 billion, a P/E ratio of 27.71, a P/E/G ratio of 2.18 and a beta of 0.54.