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Zacks News
A Look at Auto ETF & Stocks Post Weak First-Half Sales
by Sweta Killa
The U.S. auto industry is witnessing a slowdown with a decline in sales over the first six months of the year.
New Strong Buy Stocks for July 8th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Monday
Winning Stock Strategies for 2H
by Sanghamitra Saha
After a stellar 1H rally, U.S. stocks are not cheap right now. Plus, many deterrents are loitering around. These stock strategies could save you.
Cummins (CMI) Hits 52-Week High: What's Driving the Stock?
by Zacks Equity Research
Strong performance in North America, higher truck production and rising sales of construction equipment drive Cummins' (CMI) shares.
Five Runaway Breakout Stocks to Buy
by David Bartosiak
With the market at all-time highs again, the rich get richer as stocks continue to breakout.
Group 1 Automotive (GPI) Focuses on Expanding Footprint
by Zacks Equity Research
Group 1 Automotive (GPI) engages in acquisition and divestment on a regular basis to expand business.
Group 1 Automotive Announces $1.8B Revolving Credit Facility
by Zacks Equity Research
Group 1 Automotive (GPI) operates 233 franchises, representing 30 automobile brands through 181 dealerships and 47 collision service centers worldwide.
Tesla (TSLA) Faces Difficulty to Reach Delivery Target for Q2
by Zacks Equity Research
In first-quarter 2019, Tesla's (TSLA) vehicle production and delivery numbers witness sequential declines of 10.9% and 31%, respectively.
Product Offerings Aid Genuine Parts (GPC) Amid Expense Woes
by Zacks Equity Research
Genuine Parts (GPC) banks on acquisition to improve product offerings and solidify its global platform.
General Motors (GM) to Invest $20M to Upgrade Texas Plant
by Zacks Equity Research
The upgrade of General Motors' (GM) Arlington Assembly plant includes improvements in its conveyance system and refurbishing paint robots.
CarMax (KMX) Rides on Store Expansion Amid Expense Woes
by Zacks Equity Research
Aggressive store expansion and digital initiatives aid CarMax (KMX) to cater to a larger customer group. But rising selling, general and administrative expenses are concerns.
Here's Why Cummins (CMI) is a Great Momentum Stock to Buy
by Zacks Equity Research
Does Cummins (CMI) have what it takes to be a top stock pick for momentum investors? Let's find out.
CarMax (KMX) Earnings Surpass Estimates in Q1, Rise Y/Y
by Zacks Equity Research
CarMax (KMX) opens three stores in new television markets and one in the existing market in first-quarter fiscal 2020.
Harley Teams Up With Qianjiang, Eyes Expansion in China Market
by Zacks Equity Research
Harley's (HOG) latest partnership is aimed at capturing China's bike and moped market, as well as is in line with the company's cost-control initiatives.
Winnebago (WGO) Earnings Beat Estimates in Q3, Revenues Down
by Zacks Equity Research
An improved tax rate resulting from Tax Cuts and Jobs Act and a change in estimates related to R&D tax credits aid Winnebago (WGO) in Q3 earnings.
Navistar to Invest $125M for Alabama Operation Expansion
by Zacks Equity Research
Navistar's (NAV) latest investment anticipated to create additional job opportunities as well as back the company's plans to manufacture next-generation big-bore powertrains.
Autos Power Industrial Production Higher: 5 Picks
by Swarup Gupta
An increase in production of autos and related parts was the highlight of May???s report.
CarMax (KMX) to Release Q1 Earnings: Is a Beat in Store?
by Zacks Equity Research
CarMax's (KMX) store-expansion initiative is likely to make a positive impact on sales in first-quarter fiscal 2020.
Winnebago (WGO) to Report Q3 Earnings: What's in Store?
by Zacks Equity Research
Winnebago's (WGO) entry in the towable market helps it in raising revenues. This is likely to have a positive impact on the soon-to-be-released quarterly results.
Navistar Strong on Backlog Amid Difficult Industry Conditions
by Zacks Equity Research
Robust sales of Class 6-8 trucks and buses along with improving market share drive Navistar (NAV). However, tough current market condition is concerning.
Ford (F) to Recall 1.2M Explorer SUVs for Steering Issue
by Zacks Equity Research
Frequent recalls for fixing faulty vehicles are concerns for Ford (F).
Lear (LEA) Rides on Seating & E-Systems Amid China Woes
by Zacks Equity Research
Lear's (LEA) Seating and E-Systems segments offer several growth opportunities.
General Motors Plans to Invest $150M in Flint Assembly Plant
by Zacks Equity Research
General Motors (GM) intends to invest in Flint Assembly Plant to increase the production of heavy-duty trucks.
CarMax (KMX) Rides on Store Expansion Amid Expense Woes
by Zacks Equity Research
Aggressive store expansion and digital initiatives aid CarMax (KMX) to cater to a larger customer group. But rising selling, general and administrative expenses are concerns.
Fiat Chrysler to Tie Up With Aurora for Autonomous Technology
by Zacks Equity Research
The partnership is likely to aid Fiat Chrysler (FCAU) to integrate commercial vehicle lines in the United States with Aurora's self-driving platform.