Ford Optimism Grows Ahead of Reporting and 3 Auto Stocks Making Headlines Now
Ford Motor Co. (NYSE:F): Current Price: $13.82
There is optimism concerning the company as it prepares to report its Q4 results on Tuesday, January 29, 2013. Analysts predict that the company will book a profit of 26 cents a share, which is up from 20 cents a year ago.
General Motors Company (NYSE:GM): Current Price: $28.73
Since toxic smog has swallowed Beijing and the majority of the country for weeks, China has begun to talk about tighter vehicle curbs and emissions standards, similar to Europe’s. This may be a benefit to GM, Volkswagen (VLKAY), and Hyundai Motor in a market where sales are predicted to surpass 20 million units this year, Bloomberg reports.
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Toyota Motor Corporation (NYSE:TM): Current Price: $95.81
Toyota and BMW have made a deal to study joint development of a sports car platform, Automotive News reports. Furthermore, the companies will consider collaborating on the development of a hydrogen fuel cell system by 2020, and research next-generation lithium-based batteries, the website claimed.
Tesla Motors, Inc. (NASDAQ:TSLA): Current Price: $36.65
Tesla Motors, Inc. has performed successfully, and it carries a Zacks Rank #2 (Buy) stock.
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