3 Auto Stocks to Buy on the Dip: June 2024

A lot continues to happen with the automotive industry. New vehicle sales are bouncing back as inventory levels return to pre-pandemic levels. The resurgence of new vehicles is pushing prices and sales down for used vehicles. At the same time, consumers are moving away from electric vehicles in favor of cheaper gas-electric hybrid models.The shift in consumer preferences and sales is requiring automakers to be nimble and adjust their strategies. After investing billions of dollars to transition to fully ele ...