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Top Ranked Growth Stocks to Buy for January 18th

2018-01-18 zacks
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 18th: (2-0)

CarMax Grows on Store Expansion, Rising SG&A Expenses a Woe

2018-01-16 zacks
On Jan 15, we issued an updated research report on CarMax, Inc. (KMX - Free Report) . On Dec 21, CarMax reported earnings per share of 81 cents for third-quarter fiscal 2018 (ended Nov 30, 2017), missing the Zacks Consensus Estimate by one cent. During the quarter, its net sales and operating revenues rose 11% year over year to $4.11 billion. The top line surpassed the Zacks Consensus Estimate of $4 billion. (33-0)

Volkswagen (VLKAY) Plans to Invest $3.3B in North America

2018-01-16 zacks
Per Reuters, Volkswagen AG (VLKAY - Free Report) has plans to invest more than $3.3 billion to expand its market share in North America, the second largest auto market in the world after China. Starting from 2018, the company plans to utilize this amount to develop and manufacture new models through 2020. Post Volkswagen’s diesel emission scandal in September 2015, the company has been trying to strengthen its hold in the United States. (37-0)

Top Ranked Growth Stocks to Buy for January 16th

2018-01-16 zacks
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 16th: (9-0)

Top Ranked Growth Stocks to Buy for January 15th

2018-01-15 zacks
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 15th: (14-0)

Top Ranked Growth Stocks to Buy for January 11th

2018-01-11 zacks
Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, January 11th: (120-0)

Honda (HMC) to Recall 465K Vehicles Over Takata Airbag Issue

2018-01-11 zacks
Per Associated Press, Honda Motor Corporation (HMC - Free Report) is set to recall around 465,000 vehicles in the United States including Honda and Acura models. This recently made safety- related announcement is part of the extended recalls from last year on account of defective Takata air bag inflators. The faulty Takata inflators are at risk to explode in a crash, spraying metal shrapnel into the passenger compartments, causing fatal injuries. (124-0)

Penske Automotive to Grow on Buyouts, Dealership Expansion

2018-01-10 zacks
On Jan 9, we issued an updated research report on Penske Automotive Group, Inc. (PAG - Free Report) . The company reported earnings per share of $1.10 for third-quarter fiscal 2017, beating the Zacks Consensus Estimate of $1.07. Quarterly revenues rose 7.2% year over year to $5.52 billion. The top line also surpassed the Zacks Consensus Estimate of $5.34 billion. At the start of this month, Penske Automotive completed acquiring The Car People. (5-0)

Tesla (TSLA) Begins Solar Roof Production at Buffalo Plant

2018-01-10 zacks
Per Reuters, Tesla Inc. (TSLA - Free Report) has initiated production of its premium solar roof tiles from December 2017. Located at Buffalo, NY, the automaker’s Gigafactory 2 is earmarked as the production facility of these rooftop-solar systems. Additionally, the company started surveying the homes of customers, who made an advance payment of $1,000 last year, for booking Tesla’s solar roof tiles. (2-0)

Ford Speeds Up Autonomous Vehicle Plans With New Tie-Ups

2018-01-10 zacks
Ford Motor Company (F - Free Report) has announced that it intends to build a cloud-based and shared platform for managing vehicles and connecting people with different modes of transportation, per a Reuters report. The auto giant is of the opinion that the connected platform will ease the flow of people and goods. Ford has also announced that it will tie up with delivery service, Postmates, as it plans to begin the test in a U. (14-0)

Lear (LEA) Hits 52-Week High: What's Driving the Stock?

2018-01-08 zacks
Shares of Lear Corporation (LEA - Free Report) scaled a 52-week high of $ 192.13 on Jan 5, eventually closing at $ 191.39. Lear Corporation has a market cap of roughly $12.9 billion. Average volume of shares traded is around 459,243. The company has an expected long-term EPS growth of 7.1%. The stock has seen the Zacks Consensus Estimate for fiscal 2018 being revised 0.4% upward, respectively, over the last 30 days. (14-0)

Battery Barrier Busted

2018-01-02 seekingalpha
Major carmakers have made large-scale commitments to long-range battery-electric vehicles - moves requiring hugely increased battery production. (2-0)

Toyota (TM) Hits 52-Week High: What's Driving the Stock?

2018-01-02 zacks
Shares of Toyota Motor Corporation (TM - Free Report) scaled a 52-week high of $128.44 on Dec 29, before eventually closing the day at $127.17. Toyota has a market cap of roughly $187 billion. Average volume of shares traded is around 128,025. The company has an expected long-term EPS growth of 6.2%. (40-1)

Top Ranked Growth Stocks to Buy for January 2nd

2018-01-02 zacks
Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, January 2nd: (30-0)

Magna Completes a Couple of Common Share Repurchase Programs

2018-01-02 zacks
Magna International Inc. (MGA - Free Report) has concluded the second program of its two share repurchase initiatives, announced on Nov 21, 2017. The two programs followed two separate issuer bid exemption orders issued by the Ontario Securities Commission. Magna planned to cancel the common shares purchased through these two programs. On completing the first program announced on Dec 6, the company repurchased a total of 1,472,000 common shares for an aggregate price of $101. (26-1)

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