Shares of auto and auto-related stocks are trading higher following a rise in July auto sales.
Portfolio Pulse from Benzinga Newsdesk
Shares of auto and auto-related stocks are trading higher following a rise in July auto sales.
August 15, 2024 | 5:30 pm
News sentiment analysis
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POSITIVE IMPACT
AutoNation shares are trading higher due to increased July auto sales.
AutoNation, being a major player in the auto retail sector, benefits directly from increased auto sales.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Carvana shares are trading higher following a rise in July auto sales.
Carvana, an online used car retailer, sees positive impact from higher auto sales.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Ford shares are trading higher due to increased July auto sales.
Ford, as a major automaker, benefits directly from increased auto sales.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
General Motors shares are trading higher following a rise in July auto sales.
General Motors, being a leading automaker, benefits directly from increased auto sales.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Hertz shares are trading higher due to increased July auto sales.
Hertz, a car rental company, benefits indirectly from increased auto sales as it may lead to higher fleet purchases.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
CarMax shares are trading higher following a rise in July auto sales.
CarMax, a major used car retailer, benefits directly from increased auto sales.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Penske Automotive Group shares are trading higher due to increased July auto sales.
Penske Automotive Group, a major player in the auto retail sector, benefits directly from increased auto sales.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Sonic Automotive shares are trading higher following a rise in July auto sales.
Sonic Automotive, a major auto retailer, benefits directly from increased auto sales.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Stellantis shares are trading higher due to increased July auto sales.
Stellantis, a leading automaker, benefits directly from increased auto sales.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Valvoline shares are trading higher following a rise in July auto sales.
Valvoline, a provider of automotive services and products, benefits indirectly from increased auto sales.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70