NEW YORK (TheStreet) -- With so many different investments options, investors often have a difficult time deciding which direction is the best one for them to take.
TheStreet is attempting to declutter the plethora of information available and present it to our readers in a way so that they can make wise investment decisions. Whether you're an individual investor or work with a financial advisor, the objective is to help simplify the process and present information that's user friendly.
The automotive industry is one of the largest consumer industries in the world. It amassed 85.4 billion automobiles sold in 2013, according to the International Organization of Vehicle Manufacturers.
Despite the recent success, the automotive industry has proved to be sensitive to global economic volatility. For example, the industry was hit hard domestically from 2006-2010, when net profit in the new-vehicle department was negative each year.
The overall industry is comprised of numerous different segments, including auto manufactures, interiors, powertrain systems, body structures, tire and diversified manufacturers. In fact, the industry as a whole is forecast to accrue a total value of $1.7 trillion and reach volume of 168.2 million units, a 39.6% increase since 2010, according to a report by MarketResearch.com.
The purchase of a car is often attributed as one of the more unfavorable financial investments a consumer can make, but investing in the right automotive stock can prove to be very favorable.
What follows are twenty-two automotive industry stocks with descriptions from S&P, ranked by our own proprietary quantitative ranking system at TheStreetRatings.com, which are worth looking over. Note that these ratings can change at any time. If you would like access to real-time ratings of these stocks, you can subscribe to TheStreet Quant Ratings. Buckle up.
22. Tesla Motors (TSLA)
Segment: Auto Manufacturers
Tesla Motors designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components.
The company also provides services for the development of electric powertrain systems and components, and sells electric vehicle powertrain components to other automotive manufacturers. It markets and sells its vehicles through Tesla stores and galleries, as well as over the Internet.
The company operates a network of 80 stores and galleries in North America, Europe and Asia.
Tesla Motors was founded in 2003 and is headquartered in Palo Alto, Calif.
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TheStreet Ratings team rates TESLA MOTORS INC as a Hold with a ratings score of C-. TheStreet Ratings Team has this to say about their recommendation:
"We rate TESLA MOTORS INC (TSLA) a HOLD. The primary factors that have impacted our rating are mixed ? some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and poor profit margins."
You can view the full analysis from the report here: TSLA Ratings Report