{"id":1972,"date":"2021-05-16T15:21:18","date_gmt":"2021-05-16T15:21:18","guid":{"rendered":"https:\/\/automarketwatch.com\/?p=1972"},"modified":"2022-06-20T15:01:43","modified_gmt":"2022-06-20T15:01:43","slug":"rearview-mirror-our-automotive-stocks-5-10-5-14","status":"publish","type":"post","link":"https:\/\/automarketwatch.com\/index.php\/2021\/05\/16\/rearview-mirror-our-automotive-stocks-5-10-5-14\/","title":{"rendered":"Rearview Mirror: Our Automotive Stocks 5\/10-5\/14"},"content":{"rendered":"

We have determined our favorite automotive stocks and each week we take this opportunity to look back and see how each one performed.<\/strong><\/em><\/p>\n

As we look in our rearview mirror to see how these stocks performed last week, we can figure out whether or not it\u2019s time to invest in or withdraw from these companies.<\/p>\n

Toyota Motor Corp. (TM)<\/h2>\n

Toyota started Monday at $155.03 and stayed fairly steady all day. Tuesday, this stock dropped significantly to a low of $151.21 before recovering on Wednesday to reach the mark it was at on Monday. The high point for the week was reached on Friday at $156.45 and the closing price for the week was $156.40. Toyota is a stock that investors can certainly be confident in for the long haul.<\/p>\n

Honda Motor Co. (HMC)<\/h2>\n

The high point for the week took place for Honda shortly after opening for the week. This stock opened at $31.41 on Monday and then fell on Tuesday. The low point for the week was reached on Thursday at $29.79 before a slight recovery took place. This is one of the automotive stocks that didn\u2019t fully recover<\/a><\/strong> as it closed out at $30.25 for the week.<\/p>\n

General Motors (GM)<\/h2>\n

Another one of the automotive stocks that had its high point at the beginning of the week is General Motors. The opening price of GM stock was $58.91 on Monday before it began to decline. Before closing on Wednesday, this stock reached its low for the week at $53.76 per share. GM did make a slight recovery to reach $56.00 at the closing bell on Friday.<\/p>\n

Workhorse Group (WKHS)<\/h2>\n

Workhorse Group followed the same path as GM and HMC with the starting price of the week being the high point. The price of this stock began at $8.72 last week and went along a path of many ups and downs before reaching a low on Thursday at $7.09. There was a bit of a recovery to reach $8.11 before the closing bell sounded on Friday.<\/p>\n

BYD Co. Ltd. (BYDDF)<\/h2>\n

Among the automotive stocks on our list, BYD may have had the oddest movement last week. The stock price began at $18.63 and then moved downward before hitting the low for the week on Tuesday at $17.52. This price moved back up and reached the weekly high at the start of Wednesday at $19.9 before moving downward again. Another move upward and this stock closed the week at $18.92.<\/p>\n

GreenPower Motor Co. (GP)<\/h2>\n

GreenPower moved in a more traditional fashion all week with sharp ups and downs<\/a><\/strong>. The price began at $16.11 on Monday and moved to the high of the week at $16.20 before moving down and reached a low point on Thursday at $14.48. As it moved back up the price found a level and closed the week at $15.19 to give investors hope it was on its way back up.<\/p>\n

NIO Inc. (NIO)<\/h2>\n

NIO is another of the automotive stocks that gave us the highest price of the week when it opened. This stock price began at $35.74 and moved downward all week to reach a low point on Thursday at $31.01. There was a bit of a recovery after that to bring us to a closing price of $33.42 before the end of the week.<\/p>\n

First Trust NASDAQ Global Auto Index Fund (CARZ)<\/h2>\n

CARZ often doesn\u2019t follow the same path as the rest of the automotive stocks on this list, but last week it certainly did. The opening price of $56.61 was the high point of the week before this stock moved down to the low mark late on Wednesday at $53.50. This stock then recovered and moved upward to give us a final price of $55.35 to end the week.<\/p>\n

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