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Tag: Niu Technologies

  • Excitement Builds As Niu Technologies Unveils KQi 100F Kick Scooter

    Excitement Builds As Niu Technologies Unveils KQi 100F Kick Scooter

    Niu Technologies (NASDAQ: NIU) stock price has risen 17.68% to $3.30 after the company announced the introduction of its most recent product. This increase is ascribed to the excitement surrounding the launch of the KQi 100F kick scooter, which is scheduled to make its premiere on October 12–13, 2024, at the Electrify Expo in New York.

    Niu Technologies To Introduce An Eco-Friendly Urban Transportation Option

    Niu Technologies’ commitment to creating cutting-edge, eco-friendly mobility options is demonstrated by the KQi 100F kick scooter. The scooter’s innovative innovations and cutting-edge performance capabilities are encased in an elegant appearance.

    It’s ideal for short commutes to work, riding public transit, or casual get-togethers since it gives urban commuters a convenient way to move around. The KQi 100F solves typical storage issues by being able to be folded up and placed next to a desk or under a bus seat.

    Innovative Design and Performance Features

    The KQi 100F incorporates a conical surface design alongside a superior manufacturing process, resulting in a precisely aligned foldable handlebar that boasts self-locking properties. This feature ensures stability and safety during rides. With a manufacturer’s suggested retail price (MSRP) of $449, the KQi 100F delivers an ideal balance of performance, speed, and affordability.

    Electrify Expo: A Chance for First-Hand Experience

    Niu Technologies is prepared to introduce the KQi 100 series into the American market, meeting the rising demand for eco-friendly urban transportation solutions, after a triumphant debut in Europe. Known as the largest electric car event in North America, Electrify Expo will give spectators the opportunity to test-ride the KQi 100F and get a personal look at its cutting-edge features.

    Following the exhibition, stores including Best Buy, Amazon, Shopify, and Target will sell the scooter both in-person and online. Furthermore, the KQi 100P, which made its debut at Walmart recently, will also be available during the event, giving customers another chance to learn more about Niu Technologies’ products.

  • Best EV Stocks to Buy Now

    Best EV Stocks to Buy Now

    When we talk about the Electric Vehicle or the EV stock market, what’s the first thing that pops into your mind? Tesla Inc (TSLA) might be the company that comes to your mind if you have kept up with the mainstream trends around EV. That’s because we have heard about Tesla as the world leader and pioneer of the electric vehicle market.

    And we have heard about Elon Musk, the CEO of Tesla, who launched the TESLA Roadster into space as one of the most phenomenal marketing tactics ever. And if you have heard of Tesla, chances are, you have heard about the Chinese EV company NIO that is fiercely competing and trying to emerge as an EV leader in China.

    However, if you are looking to invest in the EV market, you need to take few steps back from what the mainstream topics and trends are telling you. According to a new market research report, the EV market is growing and is only in the nascent stage despite being a $1656.9 billion worth global market. The EV market is expected to grow at a compound annual growth rate of 33.6% from 2020 to $2495.4 billion in 2027.

    Before we dive into the top EV stocks you can invest in let’s take a look at what is driving the growth of these EV stocks.

    Researching the few fundamentals and variables driving this growth in the EV market can help us a long way in deciding how and which EV stock we should invest in.

    So the main phenomenon that is driving the Electric Vehicle market includes the global drive towards green energy and sustainable zero emissions. Governments and world leaders are creating favorable policies and regulations regarding EV adoption. The free market has played a role in reducing the cost of sourcing batteries. The OEMs are investing heavily to create a profitable business in the EV landscape.

    However, there are some caveats to this growth. The scalability and standardization of the EV market are fragmented in countries and regions of the developed part of the world. The development of EV infrastructure and favorable economic conditions are yet to be globalized. Furthermore, there are very different EV portfolios in the EV stock market based on the electric vehicle and propulsion type of the EV.

    Ford Motor Company (F)

    So let us begin now with the EV stocks! The first on our list is Ford Motor Company (F). We have chosen Ford because of its legendary reputation in the car industry and its shift towards Electric Vehicles. With a market of $58.6 billion, Ford has a diverse and robust strategy for the electrification of its automotive operations. The company’s recent Ford+ (plus) plans expect to generate almost half of its global sales through EV by 2030.

    Furthermore, the company aims to invest more than $30 billion through 2025. One other primary reason that makes Ford’s EV portfolio more attractive is that the company has revealed its three most iconic EV products, which include the elite sports and passenger vehicle- The Mustang Mach E, all-electric and available in the market. Then comes the F-150 Lightning series, which is an all-electric pickup truck. This vehicle caters to the class B vehicle segment. And third is E-transit, an all-electric van that caters to the fleet performance requirement and light commercial vehicle segment.

    This diverse portfolio, along with the Ford company’s scalability power, will allow it to carry its powerful ICE automotive reputation while switching its profitability through the EV market.

    NIU Technologies (NIU)

    The second stock on our list is known as NIU Technologies (NIU). It has a market cap of $2.454 Billion and has seen impressive growth for the past two years. The company, since its inception, had grown in value by roughly 250% since its IPO in October 2018. We chose NIU stock for our pick in the top growing EVs because it picks up a certain niche in the large addressable market of EVs. This niche corresponds to the manufacturing of electric smart scooters and pedal bikes and is a less crowded market with many potentials. NIU caters explicitly to this niche demand in one of the largest growing EV markets: China.

    NIU generated sales of around $85.6 million in the first quarter, which is a 135% year-over-year growth. Despite the dip in the EV market in May, NIU also lost 10.8% of its stock value, and it still sold 149,649 electric scooters in Q1. Out of which 97% of the sales came from the Chinese market. NIU stock has a compound annual growth rate of 7.7% for the next decade, and despite the growing competition, it is still expanding to the rest of the Chinese market.

    Hyliion Holdings Corporation (HYLN)

    Third, on our list is an eccentric EV stock called Hyliion Holdings Corporation (HYLN). It is a $1.964 billion company run by a 28-year-old CEO known as Thomas Healy. Last year, the company went public through a SPAC deal with Tortoise, and since then, it had seen volatility in price during 2020, fluctuating from $10 to $50 and back to $10. However, we chose HYLN stock because this company caters to the deficiencies and limitations in the EV market that we talked about. The charging station and ports availability limitation makes it hard for EV vehicles to sustain their range, especially for Heavy-Duty trucks or Class 8 trucks.

    Thomas Healy has taken a page from Elon Musk’s book and has turned this limitation into an opportunity for innovation and drive towards a niche. This niche specifically caters to the needs of the 8th Class trucks by transforming them into what Hyliion calls Electrified Powertrains.

    Electrified Powertrains is the concept where Hybrid energy engines power class 8 trucks; they are electric engines that also have backup natural or hydrogen gas generators for creating electricity. Its EV battery next-generation module with quicker recharging and 40% more effective battery cooling technology reflects growth and innovation in its Hypertruck ERX production line. Hyliion took this approach to bridge the gap between the lack of electric recharging availability and heavy-duty trucks’ long-range requirements.

    With 700 natural gas stations all over America, according to Hyliion, this is a better approach than consuming gasoline and more efficient than having full electric trucks with no range. According to the company, the niche has a total addressable market of $800 billion and 8 million trucks.

    For the year 2021 and beyond, there are bullish signals for the EV market. Hyliion will continue to flourish in this underdeveloped niche market as long as EV charge and range limitation exists. The company’s estimation of revenue growth from $8 million in 2021 to more than $2 billion in 2024 does not look far-fetched from this point of view.

    NIO Inc (NIO)

    Fourth on our list is NIO Inc (NIO). The market value of the company is 83.410 Billion. Yes, we did mention NIO stock as a mainstream stock initially, but the growth of this EV company is uniquely undeniable and is stealing Tesla’s thunder. Analysts, bureaucrats, and even Elon Musk admitted that China is expected to be the biggest market for Tesla, with 41% of China’s global EV market share. However, the recent US-China relations have deteriorated.

    The rug has been pulled from under Tesla as China has recently implemented bans on government authorities having ownership of Tesla and banned Tesla vehicles from government compounds and agencies. This leaves the Chinese market all for NIO to grab since no one takes the throne second in China.

    Moreover, the company is entering the Norwegian Market as well; thus, now expanding and growing far beyond its border. The sales of the Chinese EV champion have leaped over 95% year over year and have forecasted 21000-22000 EV car deliveries from the current quarter. Apart from the general trend and sentiment of the EV market’s growth, NIO enjoys an edge for the market share capacity and space given due to these geopolitical tensions. Bloomberg NEF believes that EV sales are expected to grow from 1.7 million in 2020 to 54 million in 2040, in which China would represent sales share accounting 18 million.

    Global X Autonomous & Electric Vehicles ETF (DRIV)

    The final EV pick on our list is an ETF known as Global X Autonomous & Electric Vehicles ETF (DRIV). This ETF was picked by us majorly for investors out there that want to dive into the EV stocks but don’t know where to start. This $900 million market cap of DRIV ETF gives a diversified exposure to investors in the EV market. It has a total deep portfolio of 76 stocks and has an expense ratio of approximately 0.68%.

    DRIV does not only consist of pure Electric Vehicle play but consists of the overall plug-in car play. Plug-ins mean that it includes Autonomous Vehicles, Hydrogen Fuel Cars, Hybrids; therefore, it depends on the EV fuel propulsion and reduces the volatility and limitation of the EV pure-play investment and market. The Price to Equity ratio shows a very reduced premium compared to the over 900% increased share prices of Tesla and NIO. DRIV has shown a CAGRof 23.76% since its initiation.

  • Auto Stocks to watch on Tuesday: Baidu is All Set to Jump in EV

    Auto Stocks to watch on Tuesday: Baidu is All Set to Jump in EV

    China’s BaiduInc is exploring producing its own electric vehicles and has held talks with automakers about the prospect, said 3 persons with knowledge of the case, the latest step in a battle between tech firms to build smart cars.

    China’s leading search engine, which also advances automated driving technologies and internet communication networks, explores contract production, one of the people said or creating a majority-owned venture with automakers.

    The project will move up from internet peers such as Tencent Holdings Ltd, Amazon.com Inc and Alphabet Inc, which have either developed auto-related technologies or invested in smart-car start-ups.

    NIO Limited (NYSE:NIO) shares were trading down -2.38% at $40.98 at the time of writing on Monday after reporting the pricing of the offering of 68,000,000 American depositary shares, each representing one Class A ordinary share of the Company, at a price of US$39.00 per ADS.

    NIO Limited (NYSE:NIO) share price went from a low point around $2.11 to briefly over $57.20 in past 52 weeks, though shares have since pulled back to $40.98. NIO market cap has remained high, hitting $60.13B at the time of writing, giving it price-to-sales ratio of more than 30.

    If we look at the recent analyst rating NIO, Goldman upgraded coverage on NIO shares with a Neutral rating and a $37.72 price target, which implies room for -3.26% downside momentum this year.

    Ford Motor Company (F) last closed at $8.91, in a 52-week range of $3.96 to $9.57. Analysts have a consensus price target of $8.94.

    Tesla Inc. (TSLA) stock soar by 4.89% to $639.83. The most recent rating by Jefferies, on December 11, 2020, is at a Hold.

    XPeng Inc. (NYSE:XPEV) Shares headed rising, higher as much as 6.45% following the declaration from the firm that that its P7 super-long range sports sedan was named the Car of the Year 2021 by the Xuanyuan Awards, China’s most prestigious badge of auto quality and innovation. The most recent rating by Deutsche Bank, on December 14, 2020, is at a Buy.

    Nikola Corporation (NASDAQ:NKLA) fall -6.87% after losing more than -$1.21 on Monday. The company on November 30, 2020 reported the signing of a non-binding Memorandum of Understanding (“MOU”) with General Motors for a global supply agreement related to the integration of GM’s Hydrotec fuel-cell system into Nikola’s commercial semi-trucks.

    Fisker Inc. (FSR) last closed at $15.59, in a 52-week range of $8.70 to $23.63 after declaring that it has signed agreements with Cox Automotive U.K. and Rivus Fleet Solutions to provide a range of after-sales services for the U.K. market. Analysts have a consensus price target of $24.00.

    Li Auto Inc. (LI) stock drop by -0.10% to $31.33. The most recent rating by Citigroup, on November 16, 2020, is at a Buy. On December 4, 2020, the company announced the pricing of follow-on public offering of American Depositary Shares.

    Kandi Technologies Group Inc. (NASDAQ:KNDI) Shares headed falling, lower as much as -7.67%.

    General Motors Company (NYSE:GM) fall -0.72% after losing more than -$0.3 on Monday. On November 30, 2020, the firm revealed it has signed a non-binding memorandum of understanding with Nikola Corporation for a global supply agreement to provide its Hydrotec fuel cell system for Nikola’s Class 7/8 semi-trucks.

    Workhorse Group Inc. (WKHS) last closed at $21.39, in a 52-week range of $1.32 to $30.99. Analysts have a consensus price target of $26.80.

    Electrameccanica Vehicles Corp. (SOLO) stock drop by -2.02% to $6.31. The most recent rating by ROTH Capital, on July 09, 2019, is at a Buy.

    Lordstown Motors Corp. (NASDAQ:RIDE) Shares headed falling, lower as much as -2.96%. The company on December 5, 2020 reported that the United States Securities and Exchange Commission has declared Lordstown’s registration statement on Form S-1 (File No. 333-250045). The most recent rating by Goldman, on December 11, 2020, is at a Buy.

    Fiat Chrysler Automobiles N.V. (NYSE:FCAU) rose 0.84% after gaining more than $0.14 on Monday. Alfa Romeo Announces 4C Spider 33 Stradale Tributo.

    Ayro Inc. (AYRO) last closed at $5.52, in a 52-week range of $1.80 to $10.60. On November 24, 2020, the company reported the Closing of $10.0 million registered direct offering.

    Niu Technologies (NIU) stock drop by -2.50% to $28.43. The most recent rating by Citigroup, on November 06, 2020, is at a Buy.

  • Niu Technologies (NASDAQ: NIU) Sales and Revenue surged in fiscal third-quarter 2020 Earnings results

    Niu Technologies (NASDAQ: NIU) Sales and Revenue surged in fiscal third-quarter 2020 Earnings results

    Niu Technologies (NASDAQ: NIU), the world’s leading supplier of advanced urban infrastructure systems, officially reported its financial results for the third quarter of 2020.

    Revenues were $136.17 million, a rise of 36.7 percent year on year, owing to a higher sales volume of 67.9 percent, counterbalanced by a decline of 18.6 percent in revenues per e-scooter.

    E-scooter sales revenues from the Chinese industry amounted to $112.17 million, a rise of 39.2 percent, which constituted 92.6 percent of overall e-scooter revenues. The rise was primarily motivated by the growth of the supermarket network and the introduction of new goods in China.

    E-scooter sales revenues from overseas markets amounted to $9.07 million, a rise of 35.2 percent, and accounted for 7.4 percent of overall e-scooter revenues. The rise was primarily motivated by higher retail sales rates in foreign markets.

    Accessories, spare parts purchases, and repair revenues amounted to $14.32 million, rose by 20.2 percent, and accounted for 10.5 percent of overall revenues.9.07 The rise was mostly attributed to higher revenue from the Chinese industry.

    Decreased revenues per e-scooter were primarily guided by sales discounts, sales of product line G0 with reduced sales costs relative to other versions, and lower revenues per scooter from hardware, spare parts, and services as a result of sluggish growth in accessories and parts and accessories sales from foreign markets.

    Cost of revenue amounted to $107.68 million, a gain of 38.9 percent year-on-year, attributable to higher e-scooter revenues. The cost per e-scooter, defined as revenue costs divided by the number of e-scooters sold over the given period, was $429, down 17.3 percent from $518 in the third quarter of 2019, mainly due to improvements in the product mix and lower raw material costs.

    The operating margin was 20.9 percent, compared to 22.2 percent in the same period in 2019. The decline was primarily attributed to the sales discount and the high sales rate of the G0 model with a smaller gross profit, partially offset by the cost reduction on raw materials.

    Operating costs amounted to $16.33 million, a rise of 23.4 percent over the same duration of 2019. Operating spending as a proportion of revenue was 12.0 percent, compared to 13.3 percent in the third quarter of 2019.

  • 30 hot stocks trending in the pre-market session

    Naked Brand Group Limited (NAKD) stock plunged -4.92% to $0.1603 in the pre-market trading.

    Nano Dimension Ltd. (NASDAQ: NNDM)  shares are trading up 11.74% at $4.95 at the time of writing recently announced prices $100 million registered direct offering. Company’s 52-week ranged between $0.51 to $6.00. Analysts have a consensus price target of $8.

    BIO-key International Inc. (BKYI), a Security & Protection Services company, dropped about -6.14% at $2.75 in pre-market trading Monday after company recently announced that the Board of Directors has approved a 1-for-8 reverse stock split that is expected to become effective on November 20, 2020.

    Eiger BioPharmaceuticals Inc. (EIGR) stock moved up 9.67 percent to $11.0 in the pre-market trading following firm recently revealed that the U.S. Food and Drug Administration (FDA) has approved ZokinvyTM (lonafarnib) for the treatment of Hutchinson-Gilford Progeria Syndrome (HGPS or Progeria) and processing-deficient Progeroid Laminopathies (PL).

    Lexicon Pharmaceuticals Inc. (LXRX) is down more than -5.33% at $1.42 in pre-market hours Monday November 23, 2020. The stock had dropped over -3.23% to $1.50 in the last trading session.

    Despegar.com Corp. (DESP), a Travel Services company, dropped about -6.54% at $10.01 in pre-market trading Monday.

    Bristol-Myers Squibb Company (BMY) stock moved up 1.41 percent to $62.48 in the pre-market trading today following announcement of  a discovery collaboration with Bristol Myers Squibb Company (NYSE: BMY) to discover, develop, and commercialize therapeutics in multiple disease areas.

    Niu Technologies (NIU) lost over -5.79% at $33.66 in pre-market trading Monday November 23, 2020 as the firm revealed changes to its board of directors and committees of the Board.

    Nxt-ID Inc. (NXTD) is up more than 8.36% at $0.389 in pre-market hours Monday November 23, 2020. The stock had dropped over -0.28% to $0.36 in the last trading session following the corporation said that it plans to adjourn the Annual Meeting of Stockholders, scheduled to be held on Monday, November 23, 2020 at 9:00 a.m. (Eastern Time), to Tuesday, November 24, 2020 at 9:00 a.m. (Eastern Time), to be held at the Company’s office at 288 Christian Street, Hangar C 2nd Floor, Oxford CT 06478.

    Before the trading started on November 23, 2020, Verb Technology Company Inc. (VERB) is up 9.26% to reach $1.18. It has been trading in a 52-week range of $0.78 to $2.64.

    CIIG Merger Corp. (CIIC) stock soared 13.29% to $19.26 in the pre-market trading.

    RedHill Biopharma Ltd. (NASDAQ: RDHL) shares are trading up 8.89% at $9.8 at the time of writing. Company’s 52-week ranged between $3.26 to $11.35 after announced that it has initiated its Phase 3 study to evaluate the safety and efficacy of RHB-204 as a potential first-line, stand-alone, oral treatment of pulmonary nontuberculous mycobacteria (NTM) disease caused by Mycobacterium avium Complex (MAC) – a rare disease for which there is no FDA-approved first-line therapy.

    Xunlei Limited (XNET) gained over 12.0% at $3.08 in pre-market trading Monday November 23, 2020.

    Amarin Corporation plc (AMRN) is down more than -9.74% at $4.17 in pre-market hours Monday November 23, 2020 after shared positive, statistically significant top-line results from Protocol Number EDPC003R01, a Phase 3 clinical trial of VASCEPA® (icosapent ethyl) conducted in China by Amarin partner, Edding. The stock had jumped over 1.76% to $4.62 in the last trading session.

    United Microelectronics Corporation (UMC) grew over 8.65% at $6.28 in pre-market trading today.

    Baozun Inc. (BZUN), a Internet Retail company, dropped about -4.82% at $39.9 in pre-market trading Monday. The firm today announced that its Board of Directors has appointed Mr. Arthur Yu, the Company’s current Vice President of Finance, as Chief Financial Officer (“CFO”), effective December 1, 2020.

    Pioneer Power Solutions Inc. (PPSI) stock moved up 10.49 percent to $4.32 in the pre-market trading.

    SPI Energy Co. Ltd. (SPI) gained over 8.79% at $10.4 in pre-market trading Monday November 23, 2020.

    Bio-Path Holdings Inc. (BPTH) is down more than -0.54% at $3.65 in pre-market hours Monday November 23, 2020 as a result of announcement that the enrollment and dosing of the first patient in a Phase 1 clinical trial evaluating the ability of BP1002 to treat refractory/relapsed lymphoma and chronic lymphocytic leukemia (CLL) patients. The stock had jumped over 9.88% to $3.67 in the last trading session.

    Before the trading started on November 23, 2020, Fuel Tech Inc. (FTEK) is up 19.69% to reach $1.52. It has been trading in a 52-week range of $0.30 to $2.05.

    Medigus Ltd. (MDGS) stock soared 8.48% to $3.07 in the pre-market trading after the firm announced its intention to enter into the electric vehicle and electric charging markets. Medigus signed a non-binding memorandum of understanding with the founders of EMuze to invest in a joint venture, NewCo, for the commercialization of EV micro-mobility vehicles for individual urban use, “last mile” and cargo delivery.

    GreenPower Motor Company Inc. (NASDAQ: GP) shares are trading up 11.34% at $24.54 at the time of writing as the news appeared that the Company has granted an aggregate of 300,000 incentive stock options with 100,000 stock options to each of Brendan Riley, Michael Sieffert and Fraser Atkinson. The stock options are subject to the approval of the TSX Venture Exchange and are exercisable for a period of five years at a price of US $20 per share. Company’s 52-week ranged between $0.82 to $23.45. Analysts have a consensus price target of $22.

    Check-Cap Ltd. (CHEK) grew over 7.1% at $0.38 in pre-market trading today.

    Mesoblast Limited (MESO), a Biotechnology company, rose about 9.8% at $15.13 in pre-market trading Monday after announcement of financial results for the third quarter and nine months ended September 30, 2020

    Titan Pharmaceuticals Inc. (TTNP) stock moved down -5.62 percent to $0.193 in the pre-market trading.

    The9 Limited (NCTY) gained over 21.45% at $3.68 in pre-market trading Monday November 23, 2020 as the company revealed that it will hold its annual general meeting of shareholders at the 17 Floor, No. 130 Wu Song Road, Hong Kou District, Shanghai 200080, People’s Republic of China on December 22, 2020 at 2:00 p.m., Shanghai time.

    Before the trading started on November 23, 2020, CPS Technologies Corporation (CPSH) is up 30.0% to reach $3.12. It has been trading in a 52-week range of $0.88 to $3.35.

    Canaan Inc. (CAN) stock soared 17.52% to $5.03 in the pre-market trading following the company plans to release its third quarter 2020 financial results before the market opens on Monday, November 30, 2020.

    Ferroglobe PLC (GSM), a Other Industrial Metals & Mining company, rose about 24.46% at $1.16 in pre-market trading Monday.

    Ideanomics Inc. (IDEX) stock moved up 37.01 percent to $2.11 in the pre-market trading after the company announced that it has increased its stake in California-based Solectrac, Inc. through a follow-on investment of an additional $1.3 million.

  • Market Movers: What changed for these 45 stocks while you were sleeping

    FuelCell Energy Inc. (FCEL) stock soared 7.34% to $4.02 in the pre-market trading. The most recent rating by JP Morgan, on October 08, 2020, is Overweight.

    Blink Charging Co. (NASDAQ: BLNK) shares are trading up 5.5% at $12.86 at the time of writing after the company introduction of its innovative Cable Management Solution for use with both new Blinks charging stations and retrofit installations of its IQ 200 charging stations. Blink’s 52-week range was noted as $1.25 to $14.58.

    Canaan Inc. (CAN) grew over 6.38% at $3.5 in pre-market trading today after the announced its third-quarter earnings results.

    Zomedica Pharmaceuticals Corp. (ZOM), a Drug Manufacturers – Specialty & Generic company, rose about 6.25% at $0.119 in pre-market trading Tuesday.

    American Resources Corporation (AREC) stock moved up 6.17 percent to $1.72 in the pre-market trading after the company announced that Mark Jensen, Chairman, and CEO of American Resources Corporation was chosen to attend the Proactive ONE2ONE Strategic Metals Supply Chain Investor Forum on Tuesday, November 10, 2020, at 1:00 PM ET.

    Li Auto Inc. (LI) gained over 6.78% at $37.96 in pre-market trading Tuesday 17 November 2020 after the company announced an upbeat Earnings result.

    Anworth Mortgage Asset Corporation (ANH) is up more than 5.42% at $2.14 in pre-market hours Tuesday 17 November 2020 after the announcement by the company that in accordance with the terms of Anworth’s 8.625% Series A Cumulative Preferred stock, the board of directors declared a Series A Preferred Stock dividend of $0.539063 per share for the fourth quarter of 2020. The stock had jumped over 11.54% to $2.03 in the last trading session.

    Before the trading started on 17 November 2020, Kandi Technologies Group Inc. (KNDI) is up 4.74% to reach $8.4 as the report arrives that it closed a registered direct offering of 9,404,392 units of its securities at a purchase price per Unit of $6.38, generating aggregate gross proceeds to the Company of approximately $60,000,000, before deducting fees to the placement agent and other estimated offering expenses payable by the Company. It has been trading in a 52-week range of $2.17 to $17.40.

    New Concept Energy Inc. (GBR) stock soared 16.48% to $2.12 in the pre-market trading following the announcement of the company’s Q3 2020, fiscal results.

    Vaxart Inc. (NASDAQ: VXRT) shares are trading up 7.36% at $5.98 at the time of writing. The company’s 52-week range was noted as $0.27 to $17.49 as the company said it is hosting a key opinion leader panel call for investors. Analysts have a consensus price target of $17.

    Platinum Group Metals Ltd. (PLG) grew over 3.54% at $2.05 in pre-market trading today.

    Muscle Maker Inc. (GRIL), a Restaurant company, rose about 2.94% at $2.1 in pre-market trading Tuesday after the company announced the launch of its online meal plan delivery service platform.

    Sasol Limited (SSL) stock moved up 3.73 percent to $7.51 in the pre-market trading after the company announced the beneficial operation of the Louisiana low-density polyethylene unit.

    Ocean Power Technologies Inc. (OPTT) gained over 2.23% at $1.83 in pre-market trading Tuesday 17 November 2020 after the company announced receipt of a DeepStar project award to study the deployment and operational requirements of utilizing OPT’s PB3 PowerBuoy to provide remotely controllable zero-carbon power for deepwater subsea oil production applications.

    Waitr Holdings Inc. (WTRH) is up more than 3.26% at $2.85 in pre-market hours Tuesday 17 November 2020 after the company earnings beat analysts’ expectations. The stock had jumped over 5.34% to $2.76 in the last trading session.

    Before the trading started on 17 November 2020, XPeng Inc. (XPEV) is up 6.33% to reach $46.89 after the company announced upbeat operating and financial results as a Public Company. It has been trading in a 52-week range of $17.11 to $51.27.

    Sequans Communications S.A. (SQNS) stock soared 15.84% to $5.34 in pre-market trading. The most recent rating by B. Riley FBR, on May 18, 2020, is a Buy.

    Live Oak Bancshares Inc. (NASDAQ: LOB) shares are trading up 3.51% at $46.89 at the time of writing. The company’s 52-week range was noted as $7.57 to $43.95. Analysts have a consensus price target of $42.

    Yunhong CTI Ltd. (CTIB) grew over 27.62% at $2.31 in pre-market trading today after the company announced production capacity expansion at its lake Barrington, Illinois facility to meet increased customer demand.
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    Neptune Wellness Solutions Inc. (NEPT), a Drug Manufacturers – Specialty & Generic company, rose about 15.71% at $2.21 in pre-market trading Tuesday after the firm received Over US$100 million in purchase orders.

    Gevo Inc. (GEVO) stock moved up 6.8 percent to $1.1 in the pre-market trading after the company posted Q3 results.

    So-Young International Inc. (SY) gained over 5.0% at $14.28 in pre-market trading Tuesday 17 November 2020 after the company said that it will report third-quarter 2020 financial results on November 25, 2020.

    Sequential Brands Group Inc. (SQBG) is up more than 41.84% at $10.0 in pre-market hours Tuesday 17 November 2020. The stock had jumped over 2.92% to $7.05 in the last trading session as the company announced its Q3, 2020 Earnings results.

    Before the trading started on 17 November 2020, MICT Inc. (MICT) is up 4.55% to reach $1.61. It has been trading in a 52-week range of $0.44 to $8.45.

    The Macerich Company (MAC) stock plunged -0.11% to $9.03 in the pre-market trading after the company’s announcement of its earnings results. The most recent rating by Morgan Stanley, on September 14, 2020, is an Underweight.

    Aphria Inc. (NASDAQ: APHA)c shares are trading down 0.0% at $5.8 at the time of writing after the company announced that its management will host a fireside chat discussion at the Jefferies Virtual London Healthcare Conference on Wednesday, November 18, 2020, at 9:05 a.m. ET. The company’s 52-week range was noted as $1.95 to $6.44.

    NIO Limited (NIO) grew over 3.23% at $47.05 in pre-market trading today as the company is set to announce its earnings results.

    BIO-key International Inc. (BKYI), a Security & Protection Services company, rose about 6.32% at $0.444 in pre-market trading Tuesday following the announcement of its quarterly earnings results.

    ObsEva SA (OBSV) stock moved up 6.64 percent to $2.25 in the pre-market trading as the company reported positive topline results of the PROLONG proof-of-concept trial of ebopiprant for treatment of preterm labor.

    Schrodinger Inc. (SDGR) gained over 5.29% at $61.9 in pre-market trading Tuesday 17 November 2020 as the company revealed third fiscal quarter results and business update.

    Lexicon Pharmaceuticals Inc. (LXRX) is up more than 51.16% at $1.95 in pre-market hours Tuesday 17 November 2020 after the company announced its participation in the Stifel 2020 Virtual Healthcare Conference on Wednesday, November 18, 2020. The stock had jumped over 1.57% to $1.29 in the last trading session.

    Before the trading started on 17 November 2020, JOYY Inc. (YY) is up 7.76% to reach $103.0 after the report that Baidu has acquired JOYY for $3.6 billion. It has been trading in a 52-week range of $41.33 to $104.17.

    Bristol-Myers Squibb Company (BMY) stock soared 2.82% to $66.32 in the pre-market trading after Bristol Myers Squibb offered a regulatory update on Lisocabtagene Maraleucel. The most recent rating by Societe Generale, on November 16, 2020, is a Buy.

    Phio Pharmaceuticals Corp. (NASDAQ: PHIO) shares are trading up 5.33% at $2.37 at the time of writing as the firm announced Q3 earnings results and business update. The company’s 52-week range was noted as $1.60 to $13.69. Analysts have a consensus price target of $4.

    PG&E Corporation (PCG) grew over 2.95% at $11.88 in pre-market trading today after the announcement made by the company that CEO Jeff Ramson will join a panel at the Virtual Fall Investor Summit taking place on November 16- 18, 2020.

    strong>Niu Technologies (NIU), an Auto Manufacturers company, rose about 4.52% at $34.47 in pre-market trading Tuesday.

    Avinger Inc. (AVGR) stock moved up 3.87 percent to $0.2789 in the pre-market trading after the company posted Q3 results.

    T-Mobile US Inc. (TMUS) gained over 3.23% at $132.8 in pre-market trading Tuesday 17 November 2020 after the report that Peter Osvaldik, executive vice president & chief financial officer, Neville Ray, president of technology, and Matt Staneff, executive vice president & chief marketing officer of T-Mobile US, Inc. (NASDAQ: TMUS), will present and provide a business update on Thursday, November 19, 2020, at 1:20 p.m. Eastern Time (ET) at the Morgan Stanley European Technology, Media & Telecom Conference.

    Tesla Inc. (TSLA) is up more than 12.45% at $458.9 in pre-market hours Tuesday 17 November 2020 after a report of the company joining the S&P 500. The stock had dropped over -0.10% to $408.09 in the last trading session.

    Before the trading started on 17 November 2020, CHF Solutions Inc. (CHFS) is up 2.31% to reach $6.2 as the company announced a 52% rise in Revenue in the earnings report. It has been trading in a 52-week range of $5.80 to $38.70.

    Aerie Pharmaceuticals Inc. (AERI) stock soared 3.94% to $13.46 in the pre-market trading after the company received positive CHMP opinion for roclanda in the European Union. The most recent rating by BofA Securities, on October 19, 2020, is an Underperform.

    Venus Concept Inc. (NASDAQ: VERO) shares are trading up 5.31% at $2.18 at the time of writing as the company revealed its Q3 results and business update. The company’s 52-week range was noted as $2.02 to $9.00. Analysts have a consensus price target of $6.

    Qudian Inc. (QD) grew over 2.6% at $1.58 in pre-market trading today.

    Celsion Corporation (CLSN), a Biotechnology company, rose about 3.77% at $0.55 in pre-market trading Tuesday as the company revealed its quarterly Earnings report.

    Tencent Music Entertainment Group (TME) stock moved up 2.98 percent to $16.58 in the pre-market trading.

    Net Element Inc. (NETE) is up more than 3.27% at $7.59 in pre-market hours Tuesday 17 November 2020 as the company reported its Q3 earnings results. The stock had dropped over -3.92% to $7.35 in the last trading session.

  • 41 Stocks Taking Bigger Strides in Pre-Market Session

    41 Stocks Taking Bigger Strides in Pre-Market Session

    IMAC Holdings Inc. (IMAC) stock plunged -13.16% to $1.32 in the pre-market trading after the company reported third-quarter earnings. The most recent rating by Ascendiant Capital Markets, on April 15, 2020, is at a Buy.

    Allied Healthcare Products Inc. (NASDAQ: AHPI) shares are trading down -10.31% at $7.05 at the time of writing. The company’s 52-week range was noted as $0.92 to $45.00.

    EuroDry Ltd. (EDRY) tumbled over -16.9% at $5.9 in pre-market trading today following Company posted results for the nine-month period and quarter ending September 30, 2020.

    Pyxis Tankers Inc. (PXS), a Marine Shipping company, dropped about -11.86% at $1.04 in pre-market trading Friday as a result of publication stating announcement date of quarterly results and conferencing call.

    XPeng Inc. (XPEV) stock moved up 5.41 percent to $47.15 in the pre-market trading after the news that it has posted strong operating and financial results as a public company.

    Electra Meccanica Vehicles Corp. (SOLO) gained over 18.01% at $5.7 in pre-market trading Friday 13 November 2020 as the company posted robust 3rd quarter results.

    Li Auto Inc. (LI) is up more than 19.57% at $38.0 in pre-market hours Friday 13 November 2020 as the news appeared that the company has announced unaudited Q3 earnings. The stock had jumped over 27.27% to $31.78 in the last trading session.

    Before the trading started on 13 November 2020, Sino-Global Shipping America Ltd. (SINO) is down -7.02% to reach $2.25 following the company revealed earnings scores of fiscal 2020. It has been trading in a 52-week range of $1.37 to $4.89.

    Biocept Inc. (BIOC) stock plunged -15.42% to $5.21 in the pre-market trading as the firm posted third-quarter earnings. The most recent rating by Chardan Capital Markets, on November 14, 2017, is at a Buy.

    Fulgent Genetics Inc. (NASDAQ: FLGT) shares are trading up 6.63% at $41.0 at the time of writing after the news surfaced that company has reported record 3rd quarter earnings and raised its outlook for full-year 2020. The company’s 52-week range was noted as $6.70 to $52.47. Analysts have a consensus price target of $75.

    Zhongchao Inc. (ZCMD) tumbled over -10.7% at $1.92 in pre-market trading today after it was publicized that Zhongchao Inc. and Takeda pharmaceutical will expand the extent of collaboration in China.

    CBAK Energy Technology Inc. (CBAT), an Electrical Equipment & Parts company, rose about 28.46% at $5.1 in pre-market trading.

    Aeterna Zentaris Inc. (AEZS) lost over -11.11% at $0.32 in pre-market trading Friday 13 November 2020 as it was reported that the giant has announced its 3rd quarter earnings results as well provided business update.

    Northern Dynasty Minerals Ltd. (NAK) is down more than -4.5% at $0.885 in pre-market hours Friday 13 November 2020. The stock had jumped over 13.08% to $0.93 in the last trading session.

    Before the trading started on 13 November 2020, 9F Inc. (JFU) is down -9.68% to reach $1.12. It has been trading in a 52-week range of $0.72 to $11.41.

    Boxlight Corporation (BOXL) stock soared 4.97% to $1.69 in the pre-market trading after the news that the company is set to hold data for its Q3 earnings results and conference call. The most recent rating by National Securities, on May 19, 2020, is at a Buy.

    CureVac N.V. (NASDAQ: CVAC) shares are trading up 5.83% at $73.75 at the time of writing as cureVac’s COVID-19 vaccine candidate, CVnCoV, is suitable for standard fridge temperature Logistics. The company’s 52-week range was noted as $36.15 to $85.00.

    NIO Limited (NIO) grew over 5.57% at $50.99 in pre-market trading today as the news surfaced that the Chinese maker of electric vehicles, Nio Inc (NASDAQ: NIO), is facing intensified competition from Tesla Inc (NASDAQ: TSLA), which will only get more serious with the introduction of its China-made Model Y car.

    Revlon Inc. (REV), a Household & Personal Products company, dropped about -8.49% at $11.0 in pre-market trading Friday after the reports that company sales dropped during the third fiscal quarter.

    Kandi Technologies Group Inc. (KNDI) stock moved up 12.72 percent to $7.8 in the pre-market trading after it was revealed in the news that Kandi Technologies announced the closing of a registered direct placement of $60 million of common stock and warrants.

    Niu Technologies (NIU) gained over 4.49% at $33.29 in pre-market trading Friday 13 November 2020 as it was reported the company will announce its quarterly results on November 23, 2020.

    Onconova Therapeutics Inc. (ONTX) is down more than -10.86% at $0.2601 in pre-market hours Friday 13 November 2020 as news appeared that the company has issued a business update and reveled its quarterly earnings results. The stock had jumped over 7.99% to $0.29 in the last trading session.

    Before the trading started on 13 November 2020, Futu Holdings Limited (FUTU) is up 4.7% to reach $41.68 as it was publicized that the company’s stock will be added to the MSCI Hong Kong Small Cap Index. It has been trading in a 52-week range of $8.16 to $40.99.

    Fisker Inc. (FSR) stock soared 5.86% to $15.89 in pre-market trading. The most recent rating by Cowen, on November 09, 2020, is at an Outperform.

    Novavax Inc. (NASDAQ: NVAX) shares are trading up 5.43% at $95.8 at the time of writing. The company’s 52-week range was noted as $3.54 to $189.40 after the report that company loss widened in Q3 and revenues missed analysts’ estimates. Analysts have a consensus price target of $290.

    Kaixin Auto Holdings (KXIN) grew over 9.46% at $3.47 in pre-market trading today.

    Vipshop Holdings Limited (VIPS), an Internet Retail company, rose about 6.09% at $23.5 in pre-market trading Friday after the exciting news surfaced that the stock earnings beat analysts’ predictions.

    Inovio Pharmaceuticals Inc. (INO) stock moved up 4.75 percent to $11.9 in the pre-market trading after the company posted its third-quarter results.

    Fastly Inc. (FSLY) gained over 4.94% at $80.01 in pre-market trading Friday 13 November 2020.

    Verastem Inc. (VSTM) is up more than 4.64% at $1.58 in pre-market hours Friday 13 November 2020 after the company highlighted its recent progress along with its quarterly results. The stock had jumped over 5.59% to $1.51 in the last trading session.

    Before the trading started on 13 November 2020, NovaBay Pharmaceuticals Inc. (NBY) is down -19.99% to reach $0.52 as the company posted Q3 earnings reports. It has been trading in a 52-week range of $0.24 to $1.94.

    Digital Ally Inc. (DGLY) stock plunged -7.51% to $2.34 in the pre-market trading after the publication of the company’s Q3 operating results. The most recent rating by Aegis Capital, on June 29, 2020, is at a Buy.

    Jumia Technologies AG (NYSE: JMIA) shares are trading up 5.01% at $14.25 at the time of writing after the company said that it has managed to cut down on losses after making a strategic shift due to covid-19. The company’s 52-week range was noted as $2.15 to $23.90. Analysts have a consensus price target of $4.50.

    JD.com Inc. (JD) grew over 4.83% at $90.55 in pre-market trading today after the company revealed the date of its earnings call.

    Creative Realities Inc. (CREX), a Software – Application company, dropped about -15.53% at $0.87 in pre-market trading Friday as the company reported its third-quarter 2020 results.

    Myovant Sciences Ltd. (MYOV) stock moved up 6.43 percent to $18.22 in the pre-market trading following Corporate Updates and Financial Results for the second-quarter fiscal year 2020.

    Cassava Sciences Inc. (SAVA) lost over -19.59% at $8.99 in pre-market trading Friday 13 November 2020 as Cassava Sciences announced a proposed public offering of common stock.

    Four Seasons Education (Cayman) Inc. (FEDU) is down more than -6.41% at $0.82 in pre-market hours Friday 13 November 2020. The stock had jumped over 2.82% to $0.88 in the last trading session.

    Before the trading started on 13 November 2020, Bionano Genomics Inc. (BNGO) is down -6.65% to reach $0.535 as the company revealed its latest business update along with quarterly earnings results. It has been trading in a 52-week range of $0.25 to $1.39.

    Blink Charging Co. (BLNK) stock plunged -5.94% to $9.82 in the pre-market trading as the company revealed both quarterly and nine-month 2020 results. The most recent rating by H.C. Wainwright, on August 14, 2020, is at a Neutral.

    Farfetch Limited (NYSE: FTCH) shares are trading up 15.71% at $50.0 at the time of writing as the company posted Q3 earnings results. The company’s 52-week range was noted as $5.99 to $44.73. Analysts have a consensus price target of $42.

    Kensington Capital Acquisition Corp. (KCAC) grew over 11.19% at $15.9 in pre-market trading today after the company announced on November 25, 2020, a special meeting will be held to approve the business combination.

    Aytu BioScience Inc. (AYTU), a Biotechnology company, dropped about -2.93% at $0.9998 in pre-market trading Friday following Aytu BioScience announced fiscal Q1 2021 net revenue of $13.5 Million, an increase of 839% year-over-year.

    Palatin Technologies Inc. (PTN) stock moved up 4.22 percent to $0.4151 in the pre-market trading after it reports 1st quarter and fiscal year 2021 results; Teleconference and Webcast to be held on November 17, 2020.

    SPI Energy Co. Ltd. (SPI) gained over 5.43% at $8.15 in pre-market trading Friday 13 November 2020.

    Nabriva Therapeutics plc (NBRV) stock soared 6.41% to $0.45 in the pre-market trading. The most recent rating by Wedbush, on March 19, 2020, is at a Neutral. Nabriva Therapeutics to Participate in Upcoming Virtual Investor Conferences.

    Timber Pharmaceuticals Inc. (AMEX: TMBR) shares are trading up 5.32% at $0.99 at the time of writing after the announcement of the business update and 3rd quarter results. The company’s 52-week range was noted as $0.87 to $12.60.

  • 12 Auto Stocks You Should Consider Buying

    The global auto manufacturing industry is ready to enter a period of wide-ranging and transformative change. This industry is continuously striving to provide best-in-class services to customers. This industry is adopting new technological advancements to provide a frictionless experience to customers. The auto manufacturing sector needs to adjust its strategic priorities to keep pace with the fast-growing world market.

    The fourth industrial revolution is also revolutionizing the auto industry. The auto manufacturing industry is moving towards emission-free mobility by making changes to electrification. Other than this, the auto sector is also getting benefits from technologies such as artificial intelligence, big data technologies, and various other technologies. What are the new trends redefining the auto manufacturing industry in 2020 and beyond?

    Let’s find the answer to this question by looking at these leading companies in the auto manufacturing industry:

    NIO Limited (NYSE: NIO)

    NIO Limited (NYSE: NIO) shares were trading down -2.98% at $27.63 at the time of writing on Monday. NIO Limited (NYSE: NIO) share price went from a low point around $1.36 to briefly over $29.40 in the past 52 weeks, though shares have since pulled back to $27.63. NIO  market cap has remained high, hitting $37.10B at the time of writing, giving it a price-to-sales ratio of more than 20.

    NIO Limited (NIO) has earlier shared its third-quarter delivery result. The company revealed that it has delivered 4,708 vehicles in September 2020.   If we look at the recent analyst rating NIO, JP Morgan upgraded coverage on NIO shares with an Overweight rating and an $18.38 price target, which implies room for -9.25% downside momentum this year.

    Ford Motor Company (NYSE: F)

    Ford Motor Company (NYSE: F) last closed at $7.59, in a 52-week range of $3.96 to $9.57. Analysts have a consensus price target of $7.96. Ford Motor Company (F) dislcosed earlier that former U.S. Ambassador to Russia, Jon Huntsman Jr., would rejoin the company’s board of directors. Huntsman was first elected to Ford’s board in 2012 but left his position in Sept. 2017 to become U.S. ambassador to Russia under President Donald Trump.

    Tesla Inc. (NASDAQ: TSLA)

    Tesla Inc. (NASDAQ: TSLA) stock drop by -2.01% to $430.83. The most recent rating by Morgan Stanley, on October 16, 2020, is at an Equal-weight. Tesla Inc. (TSLA) revealed earlier that it would start exporting China-made Model 3 cars to more than 10 European countries this month. It is planning to join the growing number of automakers using China as an export hub for electric vehicles.

    Nikola Corporation (NASDAQ: NKLA)

    Nikola Corporation (NASDAQ: NKLA) shares headed rising, higher as much as 4.68%. The most recent rating by Wedbush, on September 24, 2020, is at an Underperform. The Shareholders Foundation, Inc. revealed today that a lawsuit was filed for certain investors in NASDAQ: NKLA shares. Nikola Corporation (NKLA) moved up 100.59% from its 52-weeks low and moved down -78.23 from its 52-weeks high.

    Workhorse Group Inc. (NASDAQ: WKHS)

    Workhorse Group Inc. (NASDAQ: WKHS) fall -2.54% after losing more than -$0.58 on Monday. Workhorse Group Inc. (WKHS) has announced that it has closed the previously announced $200 million financings with Antara Capital GP LLC as the lead investor. Workhorse Group Inc.’s market cap has remained high, hitting $2.28 billion at the time of writing.

    General Motors Company (NYSE: GM)

    General Motors Company (NYSE: GM) last closed at $33.35, in a 52-week range of $14.32 to $38.96. Studies Show GM Builds the Most American-Made Vehicle Models. Analysts have a consensus price target of $41.19. General Motors Company (GM) moved up 132.81% from its 52-weeks low and moved down -14.39 from its 52-weeks high.

    Fiat Chrysler Automobiles N.V. (NYSE: FCAU)

    Fiat Chrysler Automobiles N.V. (NYSE: FCAU) last closed at $12.51, in a 52-week range of $6.00 to $16.25. Tenneco to Webcast Presentation at the Gabelli 44th Annual Automotive Symposium. Analysts have a consensus price target of $16.13. Fiat Chrysler Automobiles N.V. (FCAU) has moved up 108.50% from its 52-weeks low and moved down -23.02% from its 52-weeks high.

    XPeng Inc. (NYSE: XPEV)

    XPeng Inc. (NYSE: XPEV) stock drop by -8.87% to $19.84. The most recent rating by UBS, on September 25, 2020, is at a Buy. XPeng Inc. (XPEV) has disclosed today that it has completed the production of 10,000 units of the P7 smart EV sedan, its flagship model. XPEV market cap has remained high, hitting $14.84 billion at the time of writing

    Li Auto Inc. (NASDAQ: LI)

    Li Auto Inc. (NASDAQ: LI) shares headed falling, lower as much as -2.98%. The most recent rating by Morgan Stanley, on August 24, 2020, is at an Overweight. Li Auto Inc. (LI) earlier disclosed that the Company delivered 3,504 Li ONEs in September 2020. The Company’s vehicle deliveries in the third quarter of 2020 reached 8,660 units, representing a 31.1% quarter-over-quarter increase.

    Electrameccanica Vehicles Corp. (NASDAQ: SOLO)

    Electrameccanica Vehicles Corp. (NASDAQ: SOLO) rose 0.36% after gaining more than $0.01 on Monday. Electrameccanica Vehicles Corp. (SOLO) has shared an update related to its ongoing search for the Company’s future U.S. based assembly facility and engineering technology center. ElectraMeccanica has revealed earlier that the remaining two finalists are Arizona and Tennessee.

    Niu Technologies (NASDAQ: NIU)

    Niu Technologies (NASDAQ: NIU) stock drop by -4.29% to $30.53. The most recent rating by Citigroup, on August 17, 2020, is at a Neutral. Niu Technologies (NIU) earlier provided its e-scooter sales volume results for the third quarter of 2020. The company has sold 250,889 e-scooters, representing a 67.9% year-over-year growth in the third quarter of 2020. The number of e-scooters sold in the China market reached 245,293, representing a 70.2% year-over-year growth.

    Tata Motors Limited (NYSE: TTM)

    Tata Motors Limited (NYSE: TTM) shares headed falling, lower as much as -2.16%. The most recent rating by UBS, on August 17, 2020, is at a Sell. Tata Motors Limited (TTM) share price went from a low point around $3.92 to briefly over $14.03 in the past 52 weeks, though shares have since pulled back to $8.61. TTM market cap has remained high, hitting $6.19B at the time of writing

  • 30+ Stocks in Auto Manufacturers Industry That Can Be a Good Bets

    The auto manufacturers industry plays a crucial role in the global economy, manufacturing vehicles that meet the diverse transportation needs of individuals and businesses worldwide.

    As an investor, understanding this industry is essential for identifying the best auto stocks for long term that have the potential to generate substantial returns.

    In this article, we will explore various aspects of the auto manufacturers industry and provide insights into factors to consider when investing in stocks within this sector.

    Additionally, we will discuss economic factors, technological advancements, competitive landscape, investment strategies, financial analysis, and the importance of staying updated with industry trends.

    Let’s delve into each of these topics in detail and go through the best automotive stocks list.

    Understanding The Auto Manufacturers’ Industry

    The auto manufacturers industry comprises companies involved in the design, development, manufacturing, and sale of automobiles.

    This industry includes a wide range of players, from large multinational corporations to smaller regional manufacturers.

    Auto manufacturers produce vehicles such as cars, trucks, SUVs, and motorcycles, catering to different customer segments and markets.

    • Key Players and Market Share

      The auto manufacturers industry is highly competitive, with several key players dominating the market.

      Companies like Toyota, Volkswagen, General Motors, Ford, and BMW are considered industry giants, with a significant market share.

      These companies have global operations and a wide product portfolio, enabling them to reach various markets and cater to diverse customer preferences.

    • Vehicle Segments and Market Dynamics

      The auto industry comprises passenger cars, commercial vehicles, and motorcycles, each with distinct characteristics.

      Passenger cars dominate the industry revenue, while commercial vehicles are crucial for logistics, and motorcycles cater to unique consumer needs.

      Market dynamics are shaped by consumer preferences, economy, and technology, prompting manufacturers to adjust product strategies based on evolving demands.

    • Global And Regional Market Trends

      The auto industry’s growth is influenced by global and regional trends.

      Global trends, such as the rising demand for electric vehicles and government incentives, impact the industry worldwide.

      Regional trends, like vehicle preferences and regulations, also shape the market.

      Economic factors, consumer behaviors, and cultural shifts further impact auto manufacturers, requiring them to adapt and stay competitive.

    • Regulatory Environment and Policy Changes

      The auto industry navigates a complex regulatory landscape. Governments worldwide set rules on safety, emissions, fuel efficiency, and trade.

      Regulatory changes have a big impact, like stricter emissions standards prompting technology investments. Trade policies and tariffs affect costs and global market access.

      Auto manufacturers must monitor regulations to comply and adapt.Regulatory Environment and Policy Changes

    Factors To Consider When Investing In Auto Manufacturers Stocks

    Investing in the best auto stocks for long term requires careful consideration of various factors.

    Factors such as market trends, company financials, technological advancements, government regulations, consumer demand, and competitive landscape play a crucial role.

    Additionally, assessing management strength, production efficiency, brand reputation, and industry stability is vital.

    Diligent research and analysis of these factors help make informed investment decisions in the ever-evolving auto manufacturing sector.

    Economic Factors Affecting the Industry

    • Global Economic Outlook and Consumer Spending

      The auto manufacturers industry is significantly influenced by the global economic outlook and consumer spending patterns.

      During economic expansions, consumers tend to have higher disposable incomes and are more likely to purchase vehicles.

      Conversely, during economic downturns, consumer spending on big-ticket items like cars may decrease.

    • Interest Rates and Inflation

      Interest rates and inflation rates are crucial economic factors that affect the auto manufacturers industry.

      Higher interest rates increase borrowing costs for consumers, potentially reducing their purchasing power and impacting vehicle sales.

      Inflation can also affect the industry by increasing production costs, including raw materials and labor expenses.

    • Government Policies and Trade Regulations

      Government policies and trade regulations have a significant influence on the auto manufacturers industry.

      These policies can include emissions standards, fuel economy regulations, safety requirements, and tax incentives for electric vehicles.

      Changes in government policies and regulations can create opportunities or challenges for auto manufacturers.

    • Consumer Confidence and Buying Patterns

      Consumer confidence and buying patterns play a vital role in the auto manufacturing industry.

      When consumers have a positive economic outlook and feel confident about their financial situation, they are more likely to make significant purchases, such as vehicles.

      Conversely, low consumer confidence can lead to reduced demand.

    • Currency Fluctuations and International Markets

      Currency fluctuations and international markets can affect the auto manufacturers industry, especially for companies with global operations.

      Exchange rate volatility can impact profitability, manufacturing costs, and competitiveness in international markets.

      Additionally, economic conditions and regulatory environments in different countries can influence the demand for vehicles.

    Technological Advancements and Innovation

    • Electric And Hybrid Vehicles

      One of the significant technological advancements in the auto manufacturers industry is the development and adoption of electric and hybrid vehicles.

      Electric vehicles (EVs) are powered by electricity and produce zero emissions, making them more environmentally friendly than traditional internal combustion engine vehicles.

      Hybrid vehicles combine an internal combustion engine with an electric motor, offering improved fuel efficiency and reduced emissions.

    • Autonomous Driving and Artificial Intelligence

      Autonomous driving technology, enabled by artificial intelligence (AI), is revolutionizing the auto manufacturers industry.

      Self-driving cars have the potential to enhance road safety, improve transportation efficiency, and redefine the concept of personal mobility.Autonomous Driving and Artificial Intelligence -best performing auto stocks

    • Connectivity And Internet of Things (IoT)

      Connectivity and the Internet of Things (IoT) are transforming vehicles into sophisticated connected platforms.

      Features such as in-car infotainment systems, advanced driver assistance systems, and vehicle-to-vehicle communication are becoming increasingly prevalent.

    • Advanced Manufacturing Processes

      Advancements in manufacturing processes, such as automation, robotics, and 3D printing, are improving efficiency and reducing production costs for auto manufacturers.

      These technologies allow for faster and more precise production, customization options, and waste reduction.

    • Battery Technology and Infrastructure

      As electric vehicles gain popularity, advancements in battery technology become crucial.

      Improvements in battery capacity, charging speed, and cost-effectiveness are key factors that drive the widespread adoption of EVs.

      Additionally, the development of charging infrastructure, including fast-charging stations and battery-swapping services, is critical for the growth of electric mobility.

    • Mobility-As-A-Service (MaaS) And Shared Mobility Solutions

      The concept of Mobility-as-a-Service (MaaS) is gaining traction, enabling consumers to access transportation services on-demand rather than owning a vehicle.

      Shared mobility solutions, such as ride-hailing, car-sharing, and subscription-based services, are becoming increasingly popular.

    Competitive Landscape and Market Positioning

    • Key Competitors and Market Share Analysis

      Analyzing the competitive landscape and market share of auto manufacturers is essential for investors.

    • Brand Reputation and Customer Loyalty

      Brand reputation and customer loyalty are critical factors for auto manufacturers’ success.

      Strong brands often command higher customer loyalty and can influence purchasing decisions.

    • Product Portfolio and Innovation Pipeline

      The product portfolio and innovation pipeline of auto manufacturers plays a significant role in their competitive advantage.

      Investors should evaluate a company’s ability to introduce new models, innovative features, and technology advancements.

      A robust product portfolio and a strong innovation pipeline indicate a company’s commitment to meeting changing customer demands and staying ahead of competitors.

    • Sales And Distribution Channels

      Sales and distribution channels are crucial for reaching target markets and generating revenue.

      Auto manufacturers use various channels, including company-owned dealerships, third-party dealerships, e-commerce platforms, and partnerships with rental or ride-hailing companies.

    • Market Entry Barriers and Industry Consolidation

      The auto manufacturers industry has significant entry barriers, including high capital requirements, complex manufacturing processes, and extensive distribution networks.

      Additionally, industry consolidation through mergers and acquisitions can impact market dynamics and competition.

    • Emerging Markets and Expansion Opportunities

      Emerging markets present growth opportunities for auto manufacturers, as rising incomes and increasing urbanization drive demand for vehicles.

      Investors should evaluate a company’s presence in emerging markets, its market share, and its expansion strategies.

      Successful penetration of emerging markets can contribute to long-term growth and profitability.

    30 Stocks to Bet On

    Investing in the auto manufacturers industry can be a promising venture. These companies are innovative electric vehicle makers and established global automakers.

    They emerged as market leaders, efficient supply chain managers, and companies embracing autonomous technology.

    These best auto stocks for long term investing have strong fundamentals, a track record of innovation, and a commitment to sustainability.

    Here is a ten best performing automotive stocks list that shows potential.

    1. Tesla, Inc.

      First on our list of best performing auto stocks is Tesla, Inc. (TSLA), a market leader with a massive market cap of $854.38 billion.

      TSLA has performed remarkably well, with significant gains in the past month (46.23%), a quarter (33.32%), and YTD (113.85%).

      The current price is $263.42, reflecting its strong market dominance.

    2. Ford Motor Company

      Ford Motor Company (F) is next on the list of 10 best performing auto stocks which boasts a substantial market cap of $57.01 billion.

      It has shown positive performance with gains in the past month (20.76%), quarter (20.04%), and YTD (27.09%).

      The current price stands at $14.07, highlighting its stability and growth potential.

    3. Li Auto Inc.

      Third in our best performing auto stocks list is Li Auto Inc. (LI) which has a market cap of $35.11 billion.

      The company has displayed impressive performance with positive gains in the past month (19.82%), quarter (48.19%), and YTD (70.93%).

      Its current price of $34.87 and strong performance make it the right pick.

    4. XPeng Inc.

      XPeng Inc. (XPEV) is the next best performing auto stocks, with a market cap of $9.57 billion.

      XPEV has demonstrated decent performance, albeit with modest gains in the past month (18.79%), a quarter (8.12%), and YTD (7.80%).

      Its performance in recent months to the current price of $10.72 is suggesting potential for further growth.

    5. General Motors Company

      Another big name in best performing auto stocks is General Motors Company (GM) with a market cap of $51.98 billion.

      GM has shown positive performance with gains of 13.98% in the past month and 6.06% in the quarter, although YTD performance has been relatively flat at 10.66%.

      Currently priced at $37.23, GM also has the potential to remain in best performing auto stocks.

    6. NIO Inc.

      The Chinese giant NIO Inc. (NIO) with a market cap of $16.44 billion also stands tall among best performing auto stocks.

      NIO has exhibited a positive performance of 13.20% in the past month, but the quarterly performance of -1.46% has been slightly negative.

      Although its YTD performance is also dropped by -6.13% at the current price of $9.14, the stock is still in a better position in the market.

    7. Sono Group

      Next of the best performing auto stocks is Sono Group (SEV). With a market cap of $25.41M, SEV has shown strong performance with a 66.27% increase in the past month.

      However, its quarter and YTD performance are negative at -34.45% and -71.26% respectively, indicating challenges.

      But at the current price of $0.28, it could be consider for its future potential.

    8. Hyzon Motors Inc.

      With a market cap of $187.77M, Hyzon Motors Inc. (HYZN) is next in best performing auto stocks.

      While its monthly performance is positive at 52.93%, the company has faced challenges in the quarter (-29.75%) and YTD (-52.41%), resulting in negative performance.

      The current price of $0.74 and better performance in the last 30 days are showing the potential of the stock in coming weeks.

    9. Electrameccanica Vehicles Corp.

      Another of best performing auto stocks is Electrameccanica Vehicles Corp. (SOLO).

      With a market cap of $88.51M, SOLO has performed well, with positive gains of 62.98% in the past month.

      Its quarterly performance of 39.51% and year-to-date performance of 34.98% with the current price of $0.81 are showcasing its potential in the market.

    10. LiveWire Group, Inc.

      Last but not least, LiveWire Group, Inc. (LVWR) is also among best performing auto stocks. LVWR has a significant market cap of $2.19 billion.

      The company has exhibited impressive performance with substantial gains of 57.65% in the past month, 72.46% in the quarter, and 127.22% YTD.

      The current price stands at $11.02, reflecting its strong market position.

    We have also compiled a best performing automotive stocks list of 20 more companies to consider.

    These best auto stocks for long term investment have strong potential for growth and are worth considering for your portfolio.

    No Ticker Company Market Cap

    (in million)

    		 Perf (Month) Perf (Qtr) Perf (YTD) Price
    1 PSNY Polestar Automotive Holding UK PLC 8045.18 11.01% 1.39% -31.64% 3.63
    2 HMC Honda Motor Co., Ltd. 56746.41 10.69% 22.27% 36.55% 31.22
    3 TM Toyota Motor Corporation 258408.02 10.55% 15.80% 15.12% 157.23
    4 RIVN Rivian Automotive, Inc. 15104.34 9.47% 8.34% -19.99% 14.74
    5 FFIE Faraday Future Intelligent Electric Inc. 319.36 8.98% -52.30% -16.36% 0.24
    6 AYRO Ayro, Inc. 25.24 8.61% 15.07% 71.41% 0.66
    7 PTRA Proterra Inc. 292.17 8.12% -23.80% -66.45% 1.26
    8 WKHS Workhorse Group Inc. 178.96 4.14% -32.87% -38.61% 0.93
    9 RACE Ferrari N.V. 55528.55 3.60% 15.88% 44.23% 308.97
    10 NIU Niu Technologies 344.66 2.09% 11.39% -20.55% 4.16
    11 VEV Vicinity Motor Corp. 39.61 1.05% 3.78% -10.54% 0.86
    12 NWTN NWTN Inc. 2971.5 1.03% 10.91% 0.47% 10.78
    13 STLA Stellantis N.V. 52788.65 0.63% -3.07% 18.91% 16.89
    14 GP GreenPower Motor Company Inc. 70.64 0.00% 22.48% 54.34% 2.67
    15 EVTV Envirotech Vehicles, Inc. 30.97 -13.82% -29.33% -0.47% 2.12
    16 PEV Phoenix Motor Inc. 15.71 -2.89% 2.56% -24.53% 0.8
    17 CENN Cenntro Electric Group Limited 92.68 -10.91% -30.71% -33.18% 0.29
    18 FSR Fisker Inc. 1978.03 -11.35% -5.69% -24.76% 5.47
    19 ARVL Arrival 36.11 -12.24% -72.14% -72.05% 2.23
    20 BLBD Blue Bird Corporation 672.21 -18.48% 7.40% 105.88% 22.05

    Investment Strategies and Tips for Auto Manufacturers Stocks

    Investment in auto manufacturers’ stocks requires careful analysis and understanding of market dynamics.

    Long-term prospects depend on factors like technological advancements, industry trends, and global demand.

    Investors should consider factors like financial stability, research and development investments, and competitive positioning.

    Additionally, monitoring regulatory changes, consumer preferences, and environmental concerns is vital.

    Diversification, patience, and regular evaluation of performance are keys to successful investment in best auto stock to buy now.

    Diversification and Portfolio Allocation

    • Sector Allocation and Risk Management

      Diversification across sectors is important for managing risk in an investment portfolio.

      Auto manufacturers stocks can be part of a broader sector allocation strategy, where investors allocate only a percentage of their portfolio to the automotive sector among others.

      This diversification helps mitigate the impact of industry-specific risks and market fluctuations and help investors to bet on some of the best auto stock to buy now.

    • Investing In Related Industries and Supply Chain

      Investors may consider investing in related industries and companies within the auto manufacturers’ supply chain.

      This can include manufacturers of auto components, technology providers, or companies involved in raw material production.

      Investing in related industries can provide exposure to different aspects of the automotive ecosystem and diversify risk.Investing In Related Industries and Supply Chain

    • Geographic Diversification

      Geographic diversification is crucial when investing in auto manufacturers stocks, as the industry is global in nature.

      Investors can consider companies with diverse geographic operations, targeting both developed and emerging markets.

      This approach helps mitigate risks associated with specific regional economic conditions, regulatory changes, or geopolitical events.

    • Asset Allocation and Portfolio Rebalancing

      Investors should determine the appropriate allocation of auto manufacturers stocks within their overall investment portfolio based on their risk tolerance and investment goals.

      Asset allocation refers to the distribution of investments across different asset classes, such as stocks, bonds, and cash equivalents.

      Additionally, investors should periodically rebalance their portfolios to maintain the desired asset allocation and adjust for changes in market conditions or individual stock performance.

    • Consideration of Market Cycles

      Auto manufacturers stocks are influenced by market cycles and economic conditions.

      Investors should be aware of the different phases of the economic cycle, such as expansion, contraction, recession, or recovery, and adjust their investment strategy accordingly.

      For example, during economic expansions, auto manufacturers may experience increased demand, while during economic downturns, demand may decline.

      Understanding market cycles can help investors make informed decisions about when to enter or exit investments in the industry.

    Analyzing Financial Statements and Performance Indicators

    • Income Statement Analysis

      Income statement analysis involves evaluating a company’s revenue, expenses, and profitability.

      Comparing these metrics to industry benchmarks and competitors can provide insights into a company’s competitive position and profitability.

    • Balance Sheet Analysis

      Balance sheet analysis focuses on a company’s assets, liabilities, and shareholders’ equity.

      A strong balance sheet indicates a company’s ability to meet its short-term and long-term obligations and withstand economic downturns.

    • Cash Flow Statement Analysis

      Cash flow statement analysis provides insights into a company’s cash inflows and outflows from operating activities, investing activities, and financing activities.

      Positive cash flow and effective cash management indicate a company’s ability to generate cash, reinvest in its business, and return value to shareholders.

    • Key Financial Ratios and Metrics

      Investors should analyze key financial ratios and metrics to assess a company’s financial performance and health.

      Comparing these ratios to industry benchmarks and historical performance can provide insights into a company’s operational efficiency, financial risk, and profitability.

    • Comparative Analysis and Industry Benchmarks

      Comparative analysis involves comparing a company’s financial performance and ratios to its industry peers and benchmarks.

      This analysis helps identify companies that outperform or underperform their industry peers and provides context for evaluating investment opportunities.

    • Evaluating Return on Investment (ROI) And Return on Equity (ROE)

      Return on investment (ROI) and return on equity (ROE) are important metrics for assessing a company’s profitability and the returns generated for shareholders.

      ROI measures the efficiency of an investment by comparing the gain or loss relative to the cost of investment.

      ROE measures a company’s ability to generate profits from shareholders’ equity.

    Staying Updated with Industry News and Trends

    • Trade Publications and Industry Reports

      Trade publications and industry reports provide valuable insights into the auto manufacturers industry, including market trends, industry developments, and company-specific news.

    • Analyst Recommendations and Market Sentiment

      Analyst recommendations and market sentiment can provide guidance and insights for investors.

      Analyst reports often include research on specific companies, industry trends, and stock performance predictions.

    • Earnings Calls and Investor Presentations

      Earnings calls and investor presentations provide opportunities to hear directly from company management and gain insights into their strategies, financial performance, and outlook.

      These events often provide additional information that may not be available in public reports.

    • Industry Conferences and Events

      Industry conferences and events bring together key stakeholders, including industry experts, executives, and investors.

      Attending or following these conferences can provide access to the latest industry trends, technological advancements, and expert opinions.

    • Monitoring Regulatory Developments

      Regulatory changes and policies can significantly impact the auto manufacturers industry.

      Investors should stay informed about regulatory developments related to emissions standards, safety regulations, trade policies, and government incentives for electric vehicles.

      These changes can influence market dynamics, production costs, and consumer demand.

    • Social Media and Online Communities

      Social media platforms and online communities can be sources of real-time information, news, and discussions related to the auto manufacturers industry.

      Following industry influencers, participating in relevant online communities, and engaging with discussions on social media can provide alternative perspectives.Social Media and Online Communities - best performing auto stocks

    Conclusion

    Navigating the world of auto manufacturer stocks demands a profound grasp of the industry’s intricate web.

    Economic fluctuations, technological breakthroughs, and competitive positioning serve as crucial pillars shaping investment decisions.

    A discerning investor must analyze market trends, anticipate shifts in consumer preferences, and gauge the impact of disruptive innovations.

    Diligence in monitoring supply chains, evaluating production efficiency, and assessing environmental considerations will contribute to informed choices.

    Remember, successful investments in auto manufacturers hinge on a judicious blend of industry knowledge, foresight, and adaptability.

    By staying attuned to the ever-evolving landscape, one can seize opportunities from our best automotive stocks list.

    It can also drive them towards profitable outcomes in the realm of the best auto stock to buy now.

    Frequently Asked Questions

    What Are the Key Factors to Consider When Selecting Auto Manufacturers Stocks for Investment?

    When selecting auto manufacturers stocks for investment, key factors to consider include market demand for their vehicles.

    Other factors include competitive position, financial health, technological innovation, environmental sustainability, regulatory compliance, and global expansion plans.

    Supply chain resilience, management expertise, and the ability to adapt to emerging trends such as electric and autonomous vehicles could also weigh on stock performance.

    How Do Economic Factors, such as GDP Growth and Interest Rates, Affect the Auto Manufacturers Industry?

    Economic factors like GDP growth impact the auto manufacturers industry by influencing consumer purchasing power and demand for vehicles.

    Higher GDP growth often means increased disposable income, leading to higher car sales. Interest rates affect auto loans, impacting affordability and consumer borrowing decisions.

    Both factors significantly shape the industry’s profitability and sales performance.

    Are Electric Vehicles a Good Investment Opportunity Within the Auto Manufacturers Industry?

    Electric vehicles (EVs) present a promising investment opportunity in the auto manufacturers industry.

    The global push for sustainability and government incentives has propelled their demand.

    EV technology advancements, expanding charging infrastructure, and declining battery costs further boost their appeal.

    With a growing market and potential for future dominance, investing in EVs can yield favorable returns for astute investors.