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Toyota Vs. Ford — Which Motor Stock Is The Better Buy?
Monday, February 5, 2024 - 3:27pm | 880Auto rivals Toyota Motor Corp (NYSE:TM) and Ford Motor Co (NYSE:F) are both reporting earnings on Feb. 6, and investors are keen to understand their contrasting market positions and technological focuses. While Tokyo-based Toyota is reporting before market hours on Feb. 6, Dearborn, Michigan-based...
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General Motors Stock Forms Golden Cross With Q4 Earnings Beat; Driven By Profits, Cost Efficiency, 6 EV Debuts
Wednesday, January 31, 2024 - 11:56am | 675General Motors Co (NYSE:GM) stock beat on EPS and revenue as it reported its fourth-quarter earnings on Jan. 30. Golden Cross On Chart Post Q4 Earnings Lifted by positive sentiments around the company, the stock just made a Golden Cross on the technical price charts. On Jan. 30, the 50-...
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GM Surges On Another Positive Q3 Auto Report
Wednesday, October 31, 2018 - 9:40am | 497The good week for automakers just keeps getting better. Over the last several sessions, manufacturers have ridden positive tax news out of China and superior earnings out of Ford Motor Company (NYSE: F) and Tesla Inc (NASDAQ: TSLA). On Wednesday, General Motors Company (NYSE: GM) capped the series...
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Ford Maintains Its Fleet Sales As GM, Fiat Chrysler Scale Back
Friday, January 19, 2018 - 8:46am | 785Two weeks ago, General Motors Company (NYSE: GM) reported a 22-percent year-over-year decline in December fleet sales. Fiat Chrysler Automobiles NV (NYSE: FCAU)’s segment fell 42 percent. But neither is concerned. In fact, FCA confirmed at the North American International Auto Show that it...
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As Gas And Rates Go Up, The Auto Industry Is Still Riding High
Thursday, December 29, 2016 - 11:51am | 844With production down, gas prices rising and most consumer sales looking pretty dismal, the end of 2016 may seem like slim pickings for car dealers and automobile companies. However, according to Michelle Krebs, senior analyst with AutoTrader, December may end up capping off a year nearly on par...
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Trader's Guide To Volatility: Automakers Vs. Auto Suppliers
Saturday, November 5, 2016 - 7:15pm | 715Volatility is the name of the investment game, and all investments have some degree of volatility built into them, with only the degree varying. A look into how stocks of automakers fared relative to auto parts suppliers in the sessions following the release of their quarterly results reveals...
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Ferrari Glides Into Citi's Coverage, Albeit At Neutral
Wednesday, January 20, 2016 - 9:40am | 357Although Ferrari NV (NYSE: RACE) shares declined 24.31 percent over the last three months, they appreciated more than 4 percent in premarket trade on January 20. Citi analysts initiated coverage of the company with a Neutral rating and price target of €37. While management believes...
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Tesla Poised For Outsized Benefit From Volkswagen Scandal, Morgan Stanley Argues
Tuesday, September 29, 2015 - 1:27pm | 407Volkswagen AG (ADR) (OTC: VLKAY) is down another 2.6 percent Tuesday, bringing its losses since September 18 at more than 38 percent. Meanwhile, Tesla Motors Inc (NASDAQ: TSLA) has shed just 4 percent during the same period. Morgan Stanley's Adam Jonas said that Volkswagen's scandal is "negative...
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Market Update: Thursday's Mid-Day Market Movers: GM Tops Projections, Morgan Stanley On Oil; SanDisk, Inotek, Flotek, Del Frisco's And More
Thursday, July 23, 2015 - 12:49pm | 879Earnings week continues to heat up the financial markets; General Motors Company (NYSE: GM) released earnings early Thursday with beneficial news. The automotive giant kept raking in SUV and pick-up sales despite the slowdown in China, as GM posted earnings that topped analyst expectations....