The automotive sector is flourishing as a result of strong demand for new vehicles, the easing of supply chains, the transition to battery electric vehicles (BEVs), the availability of sufficient inventory, and falling inflation.
Considering this backdrop, Mazda Motor Corporation (MZDAY) could be a solid portfolio addition, while keeping Ford Motor Company (F) on one’s watchlist could be wise. On the other hand, Fisker Inc. (FSR) can be best avoided, given its poor growth prospects.
