How did the stocks we follow perform last week? That’s the point of giving you this weekly report and offering it as the rearview mirror.
While some will tell you there’s a reason the windshield is much larger than the rearview mirror, the fact is that you should look at historical data to predict the future more accurately when it comes to any stocks.
Toyota Motor Corp. (TM)
Toyota began last week around $158.00 per share and steadily climbed upward to make investors excited to see their money grow. This starting point was the low point for the week as the path was a movement in the direction we want to see. By the end of the week, the Toyota stock price had reached $161.16 to give us a strong price to end the week.
Honda Motor Co. (HMC)
Another stock that was on the rise last week was Honda. This is one of the stocks we follow that we have a lot of faith in and that faith paid off last week. The price started out the week near $30.00 and steadily increased all week long. By the end of the day on Friday, the price of this stock had reached $31.06 before settling at the closing bell at a price of $30.96.
General Motors (GM)
We saw GM begin last week at a price that hovered around $54.00 before moving upward on Wednesday. Once this upward movement began, it didn’t stop. After a sharp increase to begin Friday, this stock had a slower increase the rest of the day. When the closing bell sounded, GM was priced at $56.72, giving investors the profits they were looking for.
Workhorse Group (WKHS)
One stock that performed opposite of the others we’ve discussed is Workhorse Group. This stock began last week at $8.50 per share and moved up to reach a high on Wednesday of $9.03 before moving downward. By the end of the day on Friday, this stock found its way to the low for the week at $8.45 per share. Hopefully, this stock we follow will make a recovery this week.
BYD Co. Ltd. (BYDDF)
BYD followed much the same formula as the first few stocks we discussed. This stock began the week at $19.81 and moved slowly upward before making a sharp jump at the start of Thursday. When Friday came, another sharp increase took place. The final price of BYD for the week came in at $21.54 to show us a strong improvement in price throughout the week.
GreenPower Motor Co. (GP)
As it seems to do every week, GreenPower was up and down throughout every day of the week. The overall movement of GP stock was upward. The price began the week around $15.50 and moved p to reach higher prices on Thursday and Friday. If you’ve been watching this one of the stocks we follow, you will have seen the high price reach $16.70 before closing on Friday at $16.46.
NIO Inc. (NIO)
NIO began the week at $32.96 and slowly moved upward all week. This steady incline makes NIO one of the most trusted of the stocks we follow. As it moved upward, the high price of the week was reached on Friday at $34.70 before settling down just a little to close the week at $34.07, giving investors a nice return.
First Trust NASDAQ Global Auto Index Fund (CARZ)
The final one of the stocks we follow is CARZ and it showed similar increases in price throughout last week that most of the stocks did. This stock began the week around $55.00 and moved upward all week long. The increases were impressive and the final price at the closing bell on Friday was $56.92, which offered investors the profits they desire.
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