Basket cover image
15 handpicked stocks

American Auto Surge

Tap into the unexpected strength of America's auto industry. This collection features carefully selected automakers, parts suppliers, and retailers benefiting from Ford's impressive 14.2% sales jump and robust consumer spending on vehicles.

stock
stock
stock
stock
stock
stock
stock
stock
stock
stock

+5

Author avatar

Han Tan | Market Analyst

Updated 3 days ago | Published at July 2

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

F

Ford Motor Co.

F

Current price

$11.58

As the company at the center of the headline, Ford is the primary beneficiary of its 14.2% sales surge, particularly from its popular F-Series trucks.

GM

General Motors Co.

GM

Current price

$57.06

A direct competitor that also reported a 7% sales increase, General Motors benefits from the overall strength and consumer resilience in the U.S. auto...

A direct competitor that also reported a 7% sales increase, General Motors benefits from the overall strength and consumer resilience in the U.S. auto market.

TM

Toyota Motor Corporation

TM

Current price

$198.60

Toyota's 7.2% increase in Q2 deliveries demonstrates that the auto sales surge is broad-based, benefiting multiple major manufacturers.

About This Group of Stocks

1

Our Expert Thinking

Ford's surprising 14.2% sales increase signals remarkable resilience in consumer spending on vehicles, especially high-margin trucks. This strength is creating a ripple effect throughout the auto industry, from manufacturers to parts suppliers to retailers – all positioned to benefit from this momentum.

2

What You Need to Know

This collection offers exposure across the entire automotive value chain. It includes major manufacturers like Ford and Toyota, critical parts suppliers such as Cummins and Dorman, and retailers like Penske. This diversity lets you capture growth at multiple points in the industry.

3

Why These Stocks

These companies were selected because they stand to directly benefit from increased vehicle production and sales. Each plays a specific role in the automotive ecosystem – from building the vehicles to supplying crucial components to selling and servicing them for consumers.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+14.22%

Group Performance Snapshot

14.22%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 14.22% over the next year.

11 of 14

Stocks Rated Buy by Analysts

11 of 14 assets in this group are rated Buy by professional analysts.

10.2% vs 4%

Group Growth vs Bank interest

This group averaged a 10.2% return last month, beating the typical 4% bank rate.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🚗

Trucks Are Rolling Off Lots

High-margin trucks and SUVs are driving record sales, with Ford's F-Series alone seeing double-digit growth. This surge is putting cash in automakers' pockets when many expected a slowdown.

💰

Consumer Spending Defies Expectations

Despite inflation concerns, Americans are still buying big-ticket vehicles. This unexpected resilience signals potential upside for the entire auto ecosystem that analysts may not have fully priced in yet.

🔄

The Ripple Effect Is Just Starting

Higher production volumes are now cascading through the supply chain. As manufacturers ramp up to meet demand, parts suppliers and retailers stand to benefit from this momentum for quarters to come.

Why Invest with Nemo Money?

Nemo Logo Fade
🆓

Zero Commission

Trade stocks, ETFs, and more with zero commission. Keep more of your returns.

🔒

Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

💰

6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

Discover More Opportunities

The New Cost of Compliance: Investing in HR Tech

The New Cost of Compliance: Investing in HR Tech

Australian airline Qantas received a historic $58 million fine for unlawfully dismissing workers, setting a new precedent for corporate accountability in labor practices. This ruling creates an investment opportunity in companies that provide the essential HR, legal, and compliance technologies businesses now need to navigate stricter labor law enforcement.

View stocks
GLP-1s Target Liver Disease

GLP-1s Target Liver Disease

The FDA's approval of Wegovy for a serious liver disease has boosted Novo Nordisk's market position and highlighted a major new application for GLP-1 drugs. This development creates an investment opportunity in companies focused on innovative treatments for metabolic and liver-related conditions.

View stocks
Pharma's Digital Prescription

Pharma's Digital Prescription

Novo Nordisk is partnering with GoodRx to offer its popular drug Ozempic at a reduced price, boosting GoodRx's stock. This collaboration highlights a growing trend of pharmaceutical companies leveraging digital health platforms to improve drug affordability and expand market reach.

View stocks
View All

Frequently Asked Questions

Everything you need to know about the product and billing.