U.S. auto sales totaled 15.6 million vehicles in 2013, an increase of 7.6 percent year-over-year, and the high since 2007. But disappointing sales figures in December have some analysts predicting a slowdown in 2014. The annualized sales rate of 15.4 million vehicles fell below economists’ expectations of 16.0 million, according to data from Thomson Reuters. Kelley Blue Book senior analysts Alec Gutierrez recently predicted U.S. sales to grow by 700,000 vehicles in 2014, compared to increases of over 1.0 million vehicles every year since 2009.
Ford Motor Company (NYSE: F) shares traded in the range of $15.52 to $15.76 Monday before settling to close at $15.58, an increase of 0.45 percent. The stock appears to be facing some resistance at the $15.86 and $16.46 levels with some support at $15.15. Shares of Ford have gained approximately 15.0 percent in the past year.
More information on Ford and access to the free equity report can be found at:
www.WallStreetFundamentals.com/F
General Motors Company (NYSE: GM) shares traded in the range of $39.64 to $40.58 Monday before settling to close at $40.40, an increase of 2.10 percent. The stock appears to be facing some resistance at the $40.68 and $41.58 levels with some support at $38.68. Shares of General Motors have gained approximately 35.0 percent in the past year.
More information on General Motors and access to the free equity report can be found at:
www.WallStreetFundamentals.com/GM
Toyota Motor Corp. (NYSE: TM) shares traded in the range of $120.00 to $120.98 Monday before settling to close at $120.17, a decrease of 0.28 percent. The stock appears to be facing some resistance at the $120.76 and $122.20 levels with some support at $118.37. Shares of Toyota Motor have gained approximately 23.0 percent in the past year.
More information on Toyota Motor and access to the free equity report can be found at:
www.WallStreetFundamentals.com/TM
Tesla Motors Inc. (NASDAQ: TSLA) shares traded in the range of $145.24 to $150.40 Monday before settling to close at $147.00, a decrease of 1.71 percent. The stock appears to be facing some resistance at the $148.38 and $155.26 levels with some support at $136.77. Shares of Tesla Motors have gained approximately 325.0 percent in the past year.
More information on Tesla Motors and access to the free equity report can be found at:
www.WallStreetFundamentals.com/TSLA
Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.
Activate your always free membership by signing up at www.WallStreetFundamentals.com today.
Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.
Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: [email protected]