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Dipanjan Banchur

Top "A" Rated Auto Stocks to Buy This Week

HMC STLA RYCEY Dipanjan BanchurSince Stellantis United States Air India Honda Motor Co Ltd Inflation RollsRoyce Holdings Plc

The combination of easing supply chains and falling inflation is boosting the prospects of the auto industry. Despite high borrowing costs, the auto industry is well-positioned to witness higher sales this year as demand remains strong.

Considering these factors, it could be wise to buy fundamentally strong auto stocks, Rolls-Royce Holdings plc (RYCEY), Stellantis N.V. (STLA), and Honda Motor Co., Ltd. (HMC). These stocks are rated “A” (Strong Buy) in our proprietary POWR Ratings system.

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