Auto Market Watch

Rearview Mirror: The 20/20 View of Auto Stocks from 2/8-2/12

Rearview Mirror: The 20/20 View of Auto Stocks from 2/8-2/12

The old saying that “hindsight is 20/20” gives us an idea of what it’s like to view what has already happened.

As we take a look in the rearview mirror every week at the seven auto stocks that we’re following, you can see how various companies performed on the stock market. Whether you’re looking for a quick return or are invested for the long haul, you want to know how these auto stocks are performing.

NIO Inc. (NIO)

One of our favorite electric car brands is NIO. This stock started last week at $56.98 and made its way upward through the first couple of days to reach a high of $64.42 per share on Wednesday. After this high, the price settled down a bit and ended the week at $59.88 to offer a nice return to investors.

Ferrari (RACE)

Taking a 20/20 view of Ferrari tells a different story from NIO. Ferrari began the week at $207.43 per share and stayed near that mark until the start of Thursday. Once the price began to fall, it reached a low for the week of $203.48 on Friday before finishing the week at $205.36 when the closing bell sounded.

General Motors (GM)

General Motors has been around a long time, and even when short-term drops happen, we’re often confident this company will bounce back. GM began the week at $55.85 per share but opened Wednesday with what looked like a cliff fall. The price hit a low of $52.48 on Thursday and then leveled off to close the week at $53.59 per share.

Toyota Motor Corp. (TM)

A 20/20 view of Toyota gives you a stock that performed exceptionally well for investors last week. This stock began at $152.65 and moved steadily upward all week long. The start of both Wednesday and Thursday showed a strong increase and the final price on Friday gave us a closing price of $160.56 to offer a significant profit for investors.

Harley-Davidson (HOG)

If you’re following the Harley-Davidson stock price closely, you saw last week begin at $34.70 before moving upward quickly to a high for the week on Tuesday at $36.90. This stock leveled off a bit on Wednesday and Thursday before making another upward turn on Friday to close out the week at $36.36 which offered investors a handsome profit for the week.

Tata Motors (TTM)

Tata Motors started last week strong at a price of $22.97 and then moved upward through Monday before falling on Tuesday to a low for the week of $22.04. The 20/20 view of this stock shows us it then recovered slightly and stayed relatively level all week long. Tata was able to close the week at a respectable price of $22.58.

Ford (F)

Ford took us on a roller coaster ride last week. This stock started at $11.40 on Monday, moved to a high for the week of $12.03 on Tuesday before coming back down a bit. Another upward swing took place Wednesday before the price dipped to $11.33 on Thursday, which was the low for the week. The final price on Friday came in at $11.45 to give us a small profit for the week after this up and down ride.

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