
Despite macroeconomic concerns, auto sales in the United States are expected to increase due to pent-up demand and technological advancements.
Therefore, it could be wise for investors to buy fundamentally sound auto stocks Honda Motor Co., Ltd. (HMC) and Stellantis N.V. (STLA) this month. However, I think Lucid Group, Inc. (LCID) could be best avoided, given its weak financials.