Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

The Zacks Analyst Blog Highlights: Ford Motor, BMW AG, Daimler AG, Volkswagen AG And Tesla Motors

Published 11/30/2016, 09:30 PM
Updated 07/09/2023, 06:31 AM

For Immediate Release

Chicago, IL – December 01, 2016 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Ford Motor Company (NYSE:F) (NYSE:FFree Report), BMW AG (OTCMKTS:BAMXFFree Report),Daimler AG (DE:DAIGn) (OTCMKTS:DDAIFFree Report),Volkswagen (DE:VOWG_p) AG (OTCMKTS:VLKAYFree Report) and Tesla Motors (NASDAQ:TSLA), Inc. (NASDAQ:TSLAFree Report).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Wednesday’s Analyst Blog:

Ford and Other Automakers to Form European Charging Network

Ford Motor Company (NYSE:FFree Report) announced that it is teaming up with BMW AG (OTCMKTS:BAMXFFree Report) , Daimler AG (OTCMKTS:DDAIFFree Report) and Volkswagen AG (OTCMKTS:VLKAYFree Report) (including Audi and Porsche) to set up an electric charging network in Europe based on Combined Charging System standard technology. The companies have signed a memorandum of understanding with the aim of creating a joint venture to build a large number of high-powered charging stations. This will promote the use of electric vehicles for long distance travel.

Per this target, most of the charging stations will be situated along highways and major thoroughfares. The chargers will have power levels up to 350 kilowatt to enable fast charging.

Construction of the charging stations will commence in 2017 with an initial goal of 400 locations. Within 2020, the companies aim to build a network of thousands of charging points. While Ford, BMW, Daimler and Volkswagen will have equal share in the joint venture as founding partners, they are open to the participation of other automakers.

Vehicles of all brands that are equipped with Combined Charging System will be able to use the charging network. This move is aimed at facilitating the adoption of electric vehicles in Europe.

Notably, the charging network will help these automakers to complete with Tesla Motors, Inc. (NASDAQ:TSLAFree Report) in the electric vehicle segment. Tesla is a leader in the EV market due to its attractive, technologically advanced products as well as a strong Supercharger network in North America, Europe and Asia. The electric vehicle manufacturer presently has 744 Supercharger stations with 4,703 Superchargers globally. These Superchargers deliver up to 120 kW of power.

All five automakers have delivered a negative performance over the last year due to the general weakness in the Zacks-categorized Auto-Tires-Truck industry.

The industry posted a 5.8% fall in price over the last one-year period, compared to a 4.2% gain recorded by the S&P 500 market.

Zacks Rank

BMW currently holds a Zacks Rank #2 (Buy), while Ford, Daimler and Volkswagen carry a Zacks Rank #3 (Hold).

Confidential from Zacks

This week, Zacks researchers have named 7 other stocks that look to break out even sooner than today's Bull of the Day. You can see these time-sensitive tickers free, and access additional trades that are not available to the public. Simply click here>>.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.

Get the full Report on F - FREE

Get the full Report on TSLA - FREE

Get the full Report on VLKAY - FREE

Get the full Report on DDAIF - FREE

Get the full Report on BAMXF - FREE

Follow us on Twitter: https://twitter.com/zacksresearch

Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact
Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

https://www.zacks.com/

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.

This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.



FORD MOTOR CO (F): Free Stock Analysis Report

BMW AG (BAMXF): Free Stock Analysis Report

DAIMLER AG (DDAIF): Free Stock Analysis Report

VOLKSWAGEN-ADR (VLKAY): Free Stock Analysis Report

TESLA MOTORS (TSLA): Free Stock Analysis Report

Original post

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.