Boring Car Stocks Have Suddenly Become Wall Street Favorites ...Middle East

OILPRICE - Economy
Boring Car Stocks Have Suddenly Become Wall Street Favorites
source : OILPRICE ( Middle East ) () 25
It’s a rare year when boring and stodgy sectors such as automotive garner more investor interest than more trendy sectors such as Big Tech and even biotech. Turns out this is one of those rare years. Stocks of traditional automakers have hit the ground running in the new year, easily outperforming the broader market and even their sexier EV brethren. Stocks of giant Detroit automakers General Motors (NYSE:GM) and Ford Motor Co. (NYSE:F) have returned 35% apiece in the first six weeks of the new year, outgunning the likes of Tesla Inc. (NASDAQ:TSLA),…

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