We call this our Rearview Mirror series because we are always taking a look back at how our stocks performed the previous week.
With only a couple of weeks left in the quarter, it’s getting toward crunch time for these companies to prove they should continue to be part of the mix. Before we get to the quarterly review or the next round of this topic, let’s take a look at how last week shaped out.
Toyota Motor Corp. (TM)
One of our favorite companies has to be Toyota. This has been one of the strongest automotive brands in the industry for a long time. Toyota began last week at $177.37 and moved slightly down to hit our low mark on Tuesday at $175.27. The price spiked up in a hurry and once it hit a higher point, it stayed relatively flat. The final price of Toyota last week was $182.74.
General Motors (GM)
GM began last week at $48.99 and it too made a quick move down before heading upward for the rest of the week. The low price was hit on Monday at $48.43 before moving up the price scale. This is one of our stocks that we love to follow because it often sets the tone for the entire market. The final stock price for GM last week was $52.24.
NIO Inc. (NIO)
The path that NIO took last week was a lot different from the previous two companies. The price of NIO began at $35.99 and it moved down to reach the weekly low point at $34.69 before the opening bell on Tuesday. The price moved up and down a few times and hit a high point of $36.16 on Thursday before heading to the closing bell at a price of $35.38.
Ferrari (RACE)
One of our stocks that we admire many times over is Ferrari. This boutique supercar company is one that we have followed closely. Last week, this company started at a price of $212.22 and it took a day or two to get going, but when it did, the price went up and kept ongoing. The final price at the closing point on Friday came in at $217.54.
Honda Motor Co. (HMC)
Honda gave us similar results as other large companies on this list. Honda began at $30.27 and moved down to $30.02 on Monday, to begin with before moving up and giving investors profits. The price of Honda kept going up to the end of the week and it gave us a price of $30.94 at the closing bell on Friday, showing the same path as other companies we follow.
XPeng Inc. (XPEV)
One of the few stocks on our list that lost money last week was XPeng Inc. This Chinese EV company began the week at a price of $37.35 before moving to the weekly high on Monday of $37.52. The price moved down and then up a few different times before it finally dropped off and was one of our stocks that came in at a loss with a final price of $35.34.
Ford (F)
Ford started out last week at $13.06 and moved down to a low point of $12.65 on Monday before rebounding and rocketing upward. The price kept on going up and had dramatic increases at the start of Wednesday and Thursday on the way to a final price of $13.80 on Friday. Does this result sound anything like the other stocks on this list? It certainly should remind you of the other large companies listed.
Magna International Inc. (MGA)
When you look at a list of our stocks, you see Magna on the list as the one supplier in the group. Interestingly enough, this stock followed a similar path to those large names we know. The price began last week at $72.91 before a slight drip to $72.83 and then nothing but a positive move the rest of the week. The final price for this stock came in at $77.15 to give investors the returns they desire.
CarMax Inc. (KMX)
CarMax had another good week in the market and showed the popularity of used cars right now. This company began at $138.02 and fell slightly to $136.66 before taking off on an upward trajectory on Wednesday. Before the end of the week, this company had reached a high point of $144.77 and then found its way to the closing bell on Friday at a price of $144.32 per share.
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