Geely Automobile (GELYY) and Tesla are top performers in the Auto-Tires-Trucks sector

From Nasdaq: 2024-12-23 09:40:10

Geely Automobile Holdings Ltd. (GELYY) is a top performer in the Auto-Tires-Trucks sector, with a Zacks Rank of #1 (Strong Buy). The stock has seen a 5.8% increase in full-year earnings estimates and has returned 80.2% year-to-date, outperforming the sector average of 23%. Tesla (TSLA) is another standout stock in the sector, with a 69.5% return this year and a Zacks Rank of #1.

Investors interested in the Auto-Tires-Trucks sector should keep an eye on both Geely Automobile Holdings Ltd. and Tesla as they continue to show strong performance. Geely belongs to the Automotive – Foreign industry, outperforming the industry average of -17.9% with a Zacks Industry Rank of #178. Tesla, on the other hand, is in the Automotive – Domestic industry, which has moved +46.8% year-to-date and is currently ranked #126.

Zacks is naming its top 10 stocks for 2025, with a history of sensational performance. From 2012 to November 2024, the Zacks Top 10 Stocks gained +2,112.6%, outperforming the S&P 500. Don’t miss out on these top picks for 2025, set to be released on January 2. To get early access to these stocks, visit the provided link.



Read more at Nasdaq: Are Auto-Tires-Trucks Stocks Lagging Geely Automobile (GELYY) This Year?