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 56, which is 32 points higher than the auto industry average of 24. It passed 19 out of 33 due diligence checks and has strong fundamentals. Tesla has seen its stock return 9.46% over the past year, overperforming other auto stocks by 75 percentage points.
Tesla has an average 1 year
price target of $180.88, an upside of 7.48% from Tesla's current stock price of $168.29.
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. Ford Motor Co (NYSE:F)
Ford Motor Co (NYSE:F) 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 18 out of 38 due diligence checks and has strong fundamentals. Ford Motor Co has seen its stock return 10.83% over the past year, overperforming other auto stocks by 77 percentage points.
Ford Motor Co has an average 1 year
price target of $13.41, an upside of 4.87% from Ford Motor Co's current stock price of $12.79.
Ford Motor Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Ford Motor Co, 37.5% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 12.5% have issued a Strong Sell.
3. Li Auto (NASDAQ:LI)
Li Auto (NASDAQ:LI) is the third 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 11.64% over the past year, overperforming other auto stocks by 77 percentage points.
Li Auto has an average 1 year
price target of $45.75, an upside of 82.71% from Li Auto's current stock price of $25.04.
Li Auto stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Li Auto, 66.67% have issued a Strong Buy rating, 16.67% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.