Automotive Stocks To Keep An Eye On – March 18th

O’Reilly Automotive, AutoZone, and Rivian Automotive are the three Automotive stocks to watch today, according to MarketBeat’s stock screener tool. Automotive stocks are shares of companies involved in the design, manufacture, distribution, and servicing of motor vehicles and related components — including traditional automakers, parts suppliers, dealerships, and newer electric-vehicle and mobility-technology firms. For investors, these stocks provide exposure to vehicle demand and technological shifts (EVs, autonomy) but tend to be cyclical and sensitive to economic conditions, commodity prices, regulation, and supply-chain disruptions. These companies had the highest dollar trading volume of any Automotive stocks within the last several days.

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.

AutoZone (AZO)

AutoZone, Inc. retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company provides various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products.

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.