It’s time for our weekly review of the auto stock prices. Where are stocks headed? Are you invested in the right ones?
We call this our rearview mirror and it gives you an idea of where different stocks are headed and whether or not you should put your money into them. With that in mind, let’s dive in:
Toyota Motor Company (TM)
Toyota started last week on Tuesday at $135.58 and steadily increased all week long. At the end of the week, this stock closed out at $138.28 to give investors a nice performance during the week. If you’re looking for a stock that’s pretty steady, Toyota could be right for you.
General Motors (GM)
Tuesday was an interesting day for GM with a starting price of $45.08 and a closing price of $44.68, which signified a decline. The stock dropped at the open of Wednesday and leveled off for the rest of the week. GM is typically a strong performer and an auto stock you can trust.
Honda Motor Corporation (HMC)
Honda saw a steady increase in the stock price all week. Tuesday opened at $28.08 and Friday closed at $30.20 to give investors an excellent increase throughout the week. If you were looking for an affordable auto stock that tends to perform well, this could be the right one for you.
Volkswagen Auto Group (VWAGY)
Throughout the week we didn’t know where the Volkswagen price was going. This auto stock opened on Tuesday at $19.30 and had a dip to start Wednesday to $19.18. The final price for this stock was at $19.45 per share at the end of Friday. This movement was unusual for the VWAGY price.
Tesla (TSLA)
The opening auto stock price for Tesla was $586.57 with a steady increase during the week to a closing price on Friday of $599.04. If you’re ready to invest in a stock that is getting ready to split soon, Tesla would be the one where you should put your money.
Douglas Dynamics (PLOW)
If you have money in Douglas Dynamics you saw the price move up and down throughout the week. This auto stock opened at $39.63 and dipped down on Wednesday before recovering on its way to a closing price of $40.63 on Friday. This was a good performance with a bit of turmoil in the middle.
Ford (F)
Another auto stock that saw a rollercoaster of prices during last week was Ford. This stock started at $9.24 when Tuesday began with a final price of $9.34 at the closing on Friday. While the change in price isn’t much, it could translate to a lot of money for heavy investors.
Nikola Corporation (NKLA)
When Tuesday opened, Nikola started at a price of $16.92 which was one of the low points of the week. This auto stock moved up throughout the week to find a price of $18.88 which is where this stock finished at the end of Friday. This was a good growth week for the Nikola stock price.
NIO (NIO)
The NIO stock found its way to a lower spot at the end of the week from when it began. Tuesday opened with this auto stock at $50.69. By the end of the week, the price had dropped to $43.04 after recovering from a much lower price at the beginning of Wednesday.
Arcimoto Inc. (FUV)
Arcimoto started the week at $13.04 and had a high point near the end of Thursday that reached $13.53 before coming back down to close the day on Friday at $11.86. This loss wasn’t a big surprise for this auto stock price and it should bounce back this week.
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