Will This Stock Keep Momentum Rolling in 2023? Auto parts stock O'Reilly Automotive (ORLY) has been gaining in price despite the macroeconomic challenges. However, will the momentum sustain? Read on. StockNews.com · Apr 3, 2023
3 Auto Parts Stocks to Pay Attention to in 2023 and 1 to Avoid While the Fed’s aggressive monetary policy has impacted the demand for new cars, the rapidly growing EV and used car market should enhance the growth of the auto parts industry. Hence, fundamentally strong auto parts stocks O’Reilly Automotive (ORLY), Bridgestone (BRDCY), and Garrett Motion (GTX) might be ideal additions to… StockNews.com · Jan 13, 2023
1 Auto Parts Stock to Buy This Week and 1 to Avoid The auto parts industry witnessed a slowdown due to supply chain issues and a halt in automobile production. However, increasing consumer interest in advanced auto technologies should help the auto parts market grow. While investors could consider adding auto parts stock O’Reilly Automotive (ORLY) to their portfolios, Aeva Technologies (AEVA)… StockNews.com · Nov 9, 2022
Now Isn’t the Time to Park Any Cash in This Stock Auto technology company Luminar Technologies (LAZR) has reported wider losses for the last quarter. Despite management raising the company’s full-year revenue guidance, the stock is struggling to find support amid the current challenging market conditions. Hence, the stock might be best avoided now. Read on…. StockNews.com · Oct 21, 2022
Don't Let Wall Street Steer You Into Buying This Auto Stock LiDAR company Luminar Technologies (LAZR) has fallen more than 55% year-to-date. However, the company has witnessed unusual options activity lately, indicating bullish investor sentiment. Given the stock’s fundamental weakness, it may not be wise to follow Wall Street’s bullishness and buy the stock. Read on to learn our view. StockNews.com · Oct 19, 2022
LAZR Stock: Buy Now at the Lows or Wait? Luminar Technologies (LAZR) recorded significant growth in its total revenue for the second quarter ended June 2022. However, its bottom-line losses widened. The stock has declined almost 60% year-to-date and is trading near its 52-week low of $5.61. Let’s find out if you should buy LAZR at such lows or… StockNews.com · Oct 11, 2022
3 Auto Parts Stock to Buy and 1 to Sell Before September Ends Although logistic disruptions and lingering macro issues might harm the auto parts industry in the short run, the industry’s long-term prospects look bright amid rapid technological advancement in automobiles and lucrative government initiatives. While quality auto parts stocks O'Reilly Automotive (ORLY), AutoZone (AZO), and Goodyear Tire & Rubber (GT) could… StockNews.com · Sep 28, 2022
These 4 Auto Part Stocks Look Like Great Investments Now Despite the continued semiconductor chip shortage and high-interest rates for auto loans, the auto parts industry is expected to grow significantly this year, driven by solid demand amid an increasing shift toward electric vehicles, rising demand for OEMs, and digital advancements. Given this backdrop, it could be wise to buy… StockNews.com · Aug 15, 2022
Just Reorganized, is This Auto Parts Company in Better Shape Now? Auto parts company Garrett Motion (GTX) recently went through restructuring, implementing its Plan of Reorganization, which is expected to bolster its overall fundamentals. However, its net sales declined in the last reported quarter. Let’s discuss the factors that could drive its near-term performance. StockNews.com · Jul 5, 2022
3 Top-Quality Auto Parts Stocks To Pick Up On The Dip Rapid technological advancement and the increasing shift toward electric vehicles have fostered strong demand for automotive parts. Since the market for automotive components is expected to remain elevated with subdued auto production, buying the dip in the quality auto-parts stocks Allison Transmission Holdings (ALSN), Ituran Location and Control (ITRN), and… StockNews.com · Jun 23, 2022
3 Must-Own Auto Parts Stocks Although supply chain issues are a concern, growing consumer awareness about the maintenance and installation of new accessories and prominent technological advancements provide ample opportunities for the auto parts industry growth. Therefore, we believe quality auto parts stocks AutoZone (AZO), Advance Auto Parts (AAP), and O'Reilly Automotive (ORLY) could be… StockNews.com · Jun 2, 2022
Better Buy: O'Reilly Automotive vs. Advance Auto Parts The easing of supply chain disruptions and growing demand is expected to propel new car production, boosting the auto parts manufacturers’ prospects. Both O'Reilly Automotive (ORLY) and Advance Auto Parts (AAP) are expected to benefit from the industry tailwinds. But which of these stocks is a better buy now? Read… StockNews.com · May 25, 2022
4 Top-Rated Auto Parts Stocks to Buy Right Now While continuing supply chain disruptions and a semiconductor chip shortage are marring the auto parts industry’s growth, growing demand for EVs should help the industry recover in the coming quarters. Given this backdrop, we think it could be wise to bet on quality auto parts stocks Genuine Parts (GPC), Advance… StockNews.com · May 20, 2022
Is Aptiv a Winner in the Auto Parts Industry? Aptiv PLC (APTV) should benefit from strong global demand in the auto parts sector. However, given supply chain disruptions, will the company be able to maintain its market standing? Let's discuss. StockNews.com · May 20, 2022
StockNews.com · Feb 22, 2022 5 Auto Parts Stocks to Buy as Retail Sales Jump Despite current, multi-decade high inflation, consumer spending rose in January as omicron-variant worries receded. Motor vehicle and parts dealers witnessed a 5.7% rise in retail sales as demand for automobiles climbed thanks to the continuing economic recovery. So, we think it could be wise to bet on quality auto parts…