3 Auto Stocks to Buy Now: Q3 Edition
BYDDYBYD(BYDDY) Investor Place·2024-07-19 18:48

Auto stocks are closely tied to the economic cycle, implying that their performance is reflected in the economy's health. With the U.S. economy seeing almost a 3% rise in inflation over the last 12 months and only a 1% fall in June, this only means one thing for the automotive industry: reduced demand. These three auto stocks, however, saw impressive performance in the just-concluded Q2 period, and all are set to soar even higher in Q3. These three stocks outperformed delivery estimates, increased sales rev ...