According to Zen Score, the 3 best car stocks to buy right now are:
1. Tesla (NASDAQ:TSLA)
Tesla (NASDAQ:TSLA) is the top auto stock with a Zen Score of 60, which is 36 points higher than the auto industry average of 24. It passed 20 out of 33 due diligence checks and has strong fundamentals. Tesla has seen its stock lose -0.26% over the past year, overperforming other auto stocks by 70 percentage points.
Tesla has an average 1 year
price target of $180.40, an upside of 11.27% from Tesla's current stock price of $162.13.
Tesla stock has a consensus Hold recommendation according to Wall Street analysts. Of the 27 analysts covering Tesla, 14.81% have issued a Strong Buy rating, 14.81% have issued a Buy, 44.44% have issued a hold, while 7.41% have issued a Sell rating, and 18.52% have issued a Strong Sell.
2. Li Auto (NASDAQ:LI)
Li Auto (NASDAQ:LI) is the second best auto stock with a Zen Score of 52, which is 28 points higher than the auto industry average of 24. It passed 17 out of 33 due diligence checks and has strong fundamentals. Li Auto has seen its stock return 5.25% over the past year, overperforming other auto stocks by 75 percentage points.
Li Auto has an average 1 year
price target of $48.08, an upside of 101.44% from Li Auto's current stock price of $23.87.
Li Auto stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Li Auto, 83.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Stellantis Nv (NYSE:STLA)
Stellantis Nv (NYSE:STLA) is the third best auto stock with a Zen Score of 50, which is 26 points higher than the auto industry average of 24. It passed 17 out of 38 due diligence checks and has strong fundamentals. Stellantis Nv has seen its stock return 51.4% over the past year, overperforming other auto stocks by 122 percentage points.
Stellantis Nv has an average 1 year
price target of $31.93, an upside of 28.45% from Stellantis Nv's current stock price of $24.86.
Stellantis Nv stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Stellantis Nv, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.