Top US auto stocks Tesla, General Motors, and CarMax expected to see growth in 2025.

From Nasdaq: 2024-12-27 09:20:00

Zacks.com discusses top US auto stocks for 2025, citing challenges faced in 2024 due to affordability issues. Production forecasts were adjusted downward, but S&P Global Mobility projects a 1.2% sales increase in 2025. Large-cap stocks like Tesla, General Motors, and CarMax offer stability and growth potential amidst market volatility.

Tesla is positioned for growth in 2025, with CEO Elon Musk forecasting 20%-30% increase in vehicle deliveries. The company’s strong balance sheet supports innovation and expansion, with a projected 17.5% revenue growth and 32% earnings growth in 2025. General Motors, the top US automaker, boasts a compelling portfolio and cost-cutting efforts, with projected 2.7% earnings growth in 2025. CarMax, the leading US used car retailer, plans strategic expansions and collaborations, with projected earnings growth of 4.3% in 2025 and 22.2% in 2026.

Zacks Investment Research names top 10 stocks for 2025, with a history of significant performance compared to the S&P 500. Director of Research Sheraz Mian is selecting the best 10 tickers to buy and hold in 2025, set to be released on January 2. For more information and recommendations, visit Zacks Investment Research’s website.



Read more at Nasdaq: The Zacks Analyst Blog Highlights Tesla, General Motors and CarMax