In the latest market close, Stellantis (STLA) reached $13.36, with a +0.07% movement compared to the previous day. This move outpaced the S&P 500’s daily loss of 0.47%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq lost 0.51%. Heading into today, shares of the automaker had gained 2.3% over the past month, outpacing the Auto-Tires-Trucks sector’s loss of 7.82% and the S&P 500’s gain of 1.67% in that time. The upcoming earnings release of Stellantis will be of great interest to investors. STLA’s full-year Zacks Consensus Estimates are calling for earnings of $2.67 per share and revenue of $171.21 billion, representing year-over-year changes of -58.48% and -16.53%, respectively. Investors should monitor any recent shifts in analyst projections for Stellantis, as these changes often mirror short-term business patterns. Currently, Stellantis has a Zacks Rank of #5 (Strong Sell). The Automotive – Foreign industry, to which Stellantis belongs, has a Zacks Industry Rank of 235, placing it in the bottom 7% of all 250+ industries. Zacks experts have distilled 7 elite stocks for the next 30 days, with a proven track record of beating the market by 2X with an average gain of +24.3% per year since 1988. Consider these hand-picked stocks for potential early price pops.
Read more at Nasdaq: Stellantis (STLA) Gains As Market Dips: What You Should Know
