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auto-tires-trucks: Archive

Shaun Pruitt

3 Top-Rated Stocks to Buy as Earnings Approach

Here are three top-rated stocks worthy of investors' consideration ahead of their quarterly reports on Wednesday, August 9.

JACKNegative Net Change HMCNegative Net Change TTDNegative Net Change

Zacks Equity Research

Luminar (LAZR) to Report Q2 Earnings: What's in the Cards?

The Zacks Consensus Estimate for Luminar's (LAZR) second-quarter earnings and revenues is pegged at a loss of 23 cents per share and $15.93 million, respectively.

HMCNegative Net Change LAZRNegative Net Change RIVNNegative Net Change

Zacks Equity Research

Magna (MGA) Tops Q2 Earnings Estimates, Lifts '23 Sales View

Magna (MGA) expects full-year 2023 revenues in the band of $41.9-$43.5 billion, up from the previous guidance of $40.2-$41.8 billion.

ALVNegative Net Change BWANegative Net Change MGANegative Net Change ALSNPositive Net Change

Zacks Equity Research

Best Momentum Stock to Buy for August 7th

TEX, WIX and OSK made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 7, 2023.

TEXPositive Net Change OSKPositive Net Change WIXNegative Net Change

Zacks Equity Research

Why Earnings Season Could Be Great for Rivian Automotive (RIVN)

Rivian Automotive (RIVN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

RIVNNegative Net Change

Vasundhara Sawalka

5 Stocks Trading Near 52-Week High That Can Scale Higher

Investors target stocks that have been on a bullish run lately. Stocks like OSK, PCAR, TEX, KBH and VRT that are seeing price strength have a high chance of carrying the momentum forward.

TEXPositive Net Change PCARPositive Net Change KBHNegative Net Change OSKPositive Net Change VRTPositive Net Change

Zacks Equity Research

Best Income Stocks to Buy for August 7th

ETD, OSK and XYL made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 7, 2023.

OSKPositive Net Change XYLPositive Net Change ETDNegative Net Change

Zacks Equity Research

Zacks.com featured highlights Covenant Logistics, Group 1 Automotive, UFP, Plains GP and Motorcar Parts of America

Covenant Logistics, Group 1 Automotive, UFP, Plains GP and Motorcar Parts of America have been highlighted in this Screen of The Week article.

UFPINegative Net Change GPINegative Net Change MPAANegative Net Change PAGPPositive Net Change CVLGNegative Net Change

Zacks Equity Research

Standard Motor (SMP) Q2 Earnings Miss, '23 EBITDA View Cut

Standard Motor's (SMP) Q2 earnings decline year over year and also fall short of the Zacks Consensus Estimate amid lower-than-anticipated revenues from Vehicle Control and Temperature Control units.

GPCPositive Net Change SMPNegative Net Change LKQNegative Net Change

Zacks Equity Research

Adient (ADNT) Q3 Earnings & Sales Beat, Guidance Lifted

Adient (ADNT) envisions fiscal 2023 revenues and adjusted EBITDA of $15.4 billion and $920 million, up from the prior guidance of $15 billion and $850 million, respectively.

ALVNegative Net Change BWANegative Net Change ALSNPositive Net Change ADNTNegative Net Change

Zacks Equity Research

Lear (LEA) Q2 Earnings Top Estimates as Both Units Outperform

Lear (LEA) delivers a comprehensive second-quarter beat and witnesses year-over-year growth in sales and earnings.

ALVNegative Net Change BWANegative Net Change LEANegative Net Change ALSNPositive Net Change

Zacks Equity Research

Cummins (CMI) Q2 Earnings Disappoint on Narrowing Margins

Cummins (CMI) misses second-quarter earnings on narrowing EBITDA margins in all segments except the Power System segment.

TMNegative Net Change CMIPositive Net Change PCARPositive Net Change

Zacks Equity Research

Royal Caribbean Cruises and Royal Gold's have been highlighted as Zacks Bull and Bear of the Day

Royal Caribbean Cruises and Royal Gold's are part of the Zacks Bull and Bear of the Day article.

FNegative Net Change RCLNegative Net Change RGLDPositive Net Change GOOGLNegative Net Change SQPositive Net Change

Anindya Barman

5 Value Stocks With Impressive EV-to-EBITDA Ratios to Scoop Up

We have screened value stocks CVLG, GPI, UFPI, PAGP and MPAA based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

UFPINegative Net Change GPINegative Net Change MPAANegative Net Change PAGPPositive Net Change CVLGNegative Net Change

Zacks Equity Research

Nikola (NKLA) to Report Q2 Earnings: Here's What to Expect

The Zacks Consensus Estimate for Nikola's (NKLA) loss per share and revenues are pegged at 24 cents and $14.68 million, respectively, for the second quarter of 2023.

LCIDPositive Net Change RIVNNegative Net Change

Zacks Equity Research

Honda (HMC) to Report Q1 Earnings: What's in the Offing?

The Zacks Consensus Estimate for Honda's (HMC) earnings per share and revenues is pegged at 99 cents and $33.57 billion, respectively, for the first quarter of 2024.

HMCNegative Net Change LCIDPositive Net Change RIVNNegative Net Change

Zacks Equity Research

Stock Market News for Aug 3, 2023

Wall Street ended sharply lower on Wednesday following an unexpected credit rating downgrade for the United States.

NVDAPositive Net Change TSLAPositive Net Change

Tirthankar Chakraborty

Forget August's Notorious Past, Instead Buy 3 Growth Stocks

Underlying strength in the economy and a possible rate hike pause is likely to boost stocks this August. This calls for investing in growth players like Ford Motor (F), Alphabet (GOOGL) and Block (SQ).

FNegative Net Change GOOGLNegative Net Change SQPositive Net Change

Zacks Equity Research

Zacks.com featured highlights include Carnival, Norwegian Cruise Line and Gentherm

Carnival, Norwegian Cruise Line and Gentherm are part of the Zacks Screen of the Week article.

CCLNegative Net Change THRMNegative Net Change NCLHPositive Net Change

Zacks Equity Research

Is a Surprise Coming for Magna (MGA) This Earnings Season?

Magna (MGA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

MGANegative Net Change

Zacks Equity Research

CrowdStrike and The Estee Lauder Companies have been highlighted as Zacks Bull and Bear of the Day

CrowdStrike and The Estee Lauder Companies are part of the Zacks Bull and Bear of the Day article.

HMCNegative Net Change ELNegative Net Change CARGNegative Net Change CRWDPositive Net Change RIVNNegative Net Change

Shaun Pruitt

Time to Buy These Top-Rated Stocks After Massive Earnings Beats

The earnings potential of these companies is very appealing and easily surpassing their quarterly bottom-line expectations reconfirmed this.

TMNegative Net Change CEQPNegative Net Change ELFNegative Net Change

Zacks Equity Research

Oshkosh (OSK) Q2 Earnings Beat Estimates, Guidance Raised

Oshkosh (OSK) now estimates its 2023 sales and adjusted earnings to be around $9.5 billion and $8 per share, respectively.

TMNegative Net Change PCARPositive Net Change OSKPositive Net Change

Zacks Equity Research

BorgWarner (BWA) Q2 Earnings Beat Estimates, Guidance Trimmed

For full-year 2023, BorgWarner (BWA) anticipates net sales within $14.2-$14.6 billion, down from the prior guidance of $17.1-$17.9 billion but indicating year-over-year growth of 13-16%.

TMNegative Net Change BWANegative Net Change PCARPositive Net Change

Rimmi Singhi

3 Auto Stocks Set to Outpace Estimates This Earnings Season

Per the latest Earnings Trend, the auto sector's Q2 earnings are expected to grow 14.6% year over year. CARG, RIVN and HMC are a few companies that are poised to deliver an earnings beat.

HMCNegative Net Change CARGNegative Net Change RIVNNegative Net Change