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StockNews.com
StockNews.com
Business
Riddhima Chakraborty

1 Auto Stock to Sell and 2 to Buy

Lingering logistic disruptions in the semiconductor chip sector have caused substantial productivity hindrances in the auto industry. According to AutoForecast Solutions, microchip shortages have forced automakers globally to cut over 13 million vehicles from production plans since 2021.

Given the backdrop, it might be wise to avoid fundamentally weak auto stock Mullen Automotive Inc. (MULN).

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