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16 handpicked stocks

The Engine Behind America's Trucks

Ford's recent 9.3% sales jump, powered by strong demand for its trucks and SUVs, highlights a resilient consumer appetite for larger vehicles. This trend creates a compelling investment case for the network of manufacturers and parts suppliers that form the backbone of the popular and profitable truck and SUV market.

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Author avatar

Han Tan | Market Analyst

Updated today | Published at Aug 2

Top Picks from This Group

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

GM

General Motors Co.

GM

Current price

$52.53

Major automotive manufacturer with strong truck and SUV portfolio positioned to benefit from sustained consumer demand for larger vehicles.

DORM

Dorman Products Inc

DORM

Current price

$119.13

Specialised supplier in the automotive parts ecosystem supporting truck and SUV manufacturing operations.

MPAA

Motorcar Parts of America Inc

MPAA

Current price

$8.86

Parts manufacturer specialising in automotive components for the truck and SUV market segment.

About This Group of Stocks

1

Our Expert Thinking

Ford's impressive 9.3% sales jump reveals a powerful trend in the automotive sector. Consumer preference for larger vehicles like trucks and SUVs remains remarkably strong, even as hybrid models gain traction over pure electric vehicles. This sustained demand creates a compelling investment opportunity that extends far beyond individual automakers to the entire supply chain ecosystem.

2

What You Need to Know

This group focuses on the network of manufacturers and parts suppliers that form the backbone of America's truck and SUV market. These companies specialise in critical components like engines, drivetrains, and chassis systems. As a thematic and cyclical play, this collection offers tactical exposure to the ongoing strength of the North American automotive market.

3

Why These Stocks

These stocks were carefully selected by professional analysts to capture the investment opportunity created by sustained truck and SUV demand. Each company plays a vital role in the supply chain, from major manufacturers to specialised parts suppliers. When consumer appetite for larger vehicles increases, these companies are positioned to benefit from increased orders and revenue.

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

+107.74%

Group Performance Snapshot

107.74%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 107.74% 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.

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

🚛

America's Truck Boom

Ford's 9.3% sales surge proves consumers still love their trucks and SUVs. This trend is creating massive opportunities for the entire supply chain that builds these popular vehicles.

Hybrid Revolution Underway

While pure electric vehicles stumble, hybrid trucks and SUVs are accelerating past expectations. The companies making these components are positioned for significant growth as this shift continues.

🔧

Supply Chain Goldmine

When truck sales jump, parts suppliers win big. These carefully selected companies make the engines, drivetrains, and chassis that power America's favourite vehicles.

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