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automobile stocks pepe unchain Bnb Eth XRP crypto futures coinbase futures binance futures

What are automotive stocks?

Automotive stocks are part of the consumer durables sector. This sector includes companies that make products intended to last for more than a few years, such as washing machines, dishwashers, furniture -- and cars and trucks.

Are auto stocks a good investment?

Auto stocks don’t only refer to car makers. Aftermarket and DIY auto parts stores like AutoZone and O’Reilly Auto Parts have been very profitable, as have some online car and truck dealership stocks like CarMax and TrueCar. Even companies like Google research autonomous vehicles that could challenge electric car makers like Tesla and Toyota.

Which auto parts stock makes the best cars?

The first stock on our list doesn’t even make cars! But auto parts stocks have been some of the hottest in the sector and Advance Auto Parts is the top choice for the DIY car enthusiast. Advance Auto Parts, known by its checkered-flag logo, is also a money-making machine.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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