Is the worst of news & slowdown priced in? Time to change bias? 7 auto stocks which can give more than 28% return in 1 year
- Posted on January 31, 2025
- By Business News Today
- 2 Views
Is the worst of news & slowdown priced in? Time to change bias? 7 auto stocks which can give more than 28% return in 1 year
Have the markets bottomed out ? Maybe, maybe not. Now, one of the sectors that sparked the market decline was the auto sector. It was around mid-September that there was debate and discussion about whether the inventory pile-up in the auto sector suggested a slowdown in the economy. And that started the wave of correction. Now, in the past few days, there is a clear trend visible in the market: Good numbers are cheered by the street, and bad numbers are punished. Two auto companies saw a spike in stock prices because their Q3 numbers were better than expected; and one company, whose numbers were below expectation, saw a sharp decline. So, time to keep an eye on the auto sector?