What Auto Stocks to Keep an Eye on In Q1

Are you ready to invest in a variety of auto stocks? Do you want to wait and see what happens in the first quarter?

When you want to figure out which companies to invest in and how much money you should put into each one, you should know how experts feel about these stocks and how much each share will cost you. Whether you’re looking for value, want to be part of the electric vehicle companies, or you want to put your money into a stock that will move quickly, these are some of the companies you should consider.

Porsche Automobil Holdings SE (POAHY)

Right now, a single stock of Porsche is at a price that makes it extremely affordable for you. That means this could be one of the best value stocks you can buy right now. You’ll buy more shares for a small amount and then can watch them grow in a company that has been one of the most successful automakers in the world for a long time.

Workhorse Group Inc. (WKHS)

Another company that offers you excellent value for the price of the share that you want is Workhorse Group. This is an automotive company in that it provides parts and supplies features to some of the automakers around the world. If you’re looking for one of the best values in the auto stocks you purchase, this is one that you should certainly consider.

Honda Motor Co. Ltd. (HMC)

We’ve talked about Honda many times over, and to find out that it’s a value stock in the list of Investopedia stocks is pretty cool. You won’t find the price to be as low for Honda as it is for Porsche and Workhorse, but you can buy several shares for only a small amount of money. Not only are the shares affordable, but this company is another that’s been around for a long time.

Tesla Inc. (TSLA)

If you’re not going to drive one, you can at least own part of Tesla Inc. Of course, you could do both and own part of the company that made the vehicle you drive. This company is currently the world’s largest automaker by market value, which means it offers you the stability you want. The price for a single share in this company wins one of the highest you’ll pay.

Li Auto Inc. (LI)

There are several electric vehicle automakers in China, and Li Auto is one of the largest in the country. The Li One is a flagship model that has sold well in China. If you’re looking for one of the fastest-growing auto stocks to invest in, this is one that will be a good place to put your money. Get in early and expect your money to grow quickly.

General Motors (GM)

If you’re searching for one of the auto companies that has been a stalwart performer for more than a century, GM can be the right place for you to put your money. Even though this company has faced supply chain and global economic issues, it has stood the test of time and continued to outperform many of the other automotive companies in the stock market.

NIO (NIO)

Another Chinese company that could be the ideal place for you to invest your money is NIO. This company has been working toward several new models that will be released sometime in the near future. If you’re looking for one of the auto stocks that will allow your money to grow and grow quickly, this is the right company for you to invest in.

NPX (NPXI)

With the need for more semiconductors to bring the inventory of autos back to a pre-pandemic level, companies that make them will need more capital to bring these items to automakers. NPX is heavily invested in making that happen, and it’s one of the companies where you should put your money when you’re ready to invest in the auto industry in the first quarter.

Ford Motor Co. (F)

When you want a safe place to put your money and an automotive company that offers shares at a low price, Ford is the place to go. Yes, Ford stock prices are relatively low right now, and you know this company is going to be around for a long time, as it already has. Put your money into this company and let it be the right one of the auto stocks for you.

Lucid Group Inc. (LCID)

One of the newest companies in the stock market is Lucid Group Inc. which has a lot of momentum to help your money grow quickly. You can enjoy a relatively low price per share which will get you in the door, and then see how this company helps your money move to levels you might not have imagined possible. If you’re not sure about a new company, just keep an eye on Lucid during the first quarter.

Toyota Motors (TM)

Another one of the auto stocks you can invest in that’s been around for many decades is Toyota. This is one of the largest companies in the world, making it the right company for you to watch your money grow over time. Toyota is a safe bet, and if you’re not interested in sitting back and waiting, it’s a good company for you to make an investment early in the quarter.

Rivian Automotive (RIVN)

If you’re looking for a new company to be part of the growth and excitement, you’ll be pleased to get behind Rivian Automotive and see how your money grows during the first couple of years of this company. You might see your investment boom as this EV automaker gains a foothold and becomes a household name.

Are you ready to put your money behind auto stocks during the first quarter of 2022? If so, take this list and find the companies that make sense for you. Some are ideal for you to get in right now; others are newer companies that you might want to watch for a time before buying any shares.