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By Ellen Johnson

November 8, 2019

Today I will analyze 8 Driverless Cars isntruments to have in your portfolio in December 2019. I will break down the following equities: Apple, QUALCOMM Incorporated, First Trust NASDAQ Global Auto, Intel Corporation, Alphabet, Pure Storage, Toyota Motor Corporation, and Tesla
The Top 8 Driverless Cars stocks to own in December 2019

This list of potential positions covers Large and mid size firms and ETFs that are involved or betting on driverless cars market. Large technology companies, automotive makers, security firms, and thematic ETFs across multiple industries that are directly or indirectly involved in shaping up the development and marketing of self-driving vehicles in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.


Apple (AAPL)

The company has return on total asset (ROA) of 11.35 % which means that it generated profit of $11.35 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 55.92 % meaning that it created $55.92 on every $100 dollars invested by stockholders. This firm currently falls under 'Mega-Cap' category with current market capitalization of 1200 B. Apple shows prevailing Real Value of $278.47 per share. The current price of the firm is $262.3. At this time the firm appears to be undervalued. This module approximates value of Apple from analyzing the firm fundamentals such as Current Valuation of 1190 B, Return On Equity of 55.92  and Profit Margin of 21.24  as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend. Apple competes with Hamilton Beach, LG Display, Emerson Radio, Mohawk Group, GoPro, Turtle Beach, IRobot, KYOCERA CORP, and Koss. Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California. Apple operates under Consumer Electronics classification in USA and is traded on BATS Exchange. It employs 137000 people.

QUALCOMM Incorporated (QCOM)

The company has return on total asset (ROA) of 15.38 % which means that it generated profit of $15.38 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 153.46 % meaning that it created $153.46 on every $100 dollars invested by stockholders. The entity currently falls under 'Mega-Cap' category with current market capitalization of 103.31 B.
Total Debt
QUALCOMM Incorporated owns latest Real Value of $78.14 per share. The recent price of the company is $86.26. At this time the company appears to be overvalued. This module determines value of QUALCOMM Incorporated from examining the company fundamentals such as Operating Margin of 39.06  and Return On Asset of 15.38  as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we support to invest in undervalued equities and to dispose of overvalued equities since at some point future time instruments prices and their ongoing real values will converge.

First Trust NASDAQ Global Auto (CARZ)

First Trust NASDAQ Global Auto [CARZ] is traded in USA and was established 2011-05-09. The fund is listed under Consumer Cyclical category and is part of First Trust family. The entity is thematically classified as Disruptive Technologies. First Trust NASDAQ currently have 18.58 M in assets under management (AUM). , while the total return for the last 3 years was 2.36%. First Trust NASDAQ shows prevailing Real Value of $35.81 per share. The current price of the entity is $33.57. At this time the entity appears to be undervalued. This module computes value of First Trust NASDAQ from reviewing the entity fundamentals such as Price to Sales of 0.46 , Total Asset of 18.58 M and Five Year Return of 0.50  as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we advise to go long with undervalued instruments and to sell out overvalued instruments since at some point assets prices and their ongoing real values will submerge. First Trust NASDAQ shows prevailing Real Value of $35.81 per share. The current price of the entity is $33.57. At this time the entity appears to be undervalued. This module computes value of First Trust NASDAQ from reviewing the entity fundamentals such as Five Year Return of 0.50 , Total Asset of 18.58 M and Price to Sales of 0.46  as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we advise to go long with undervalued instruments and to sell out overvalued instruments since at some point assets prices and their ongoing real values will submerge.

Intel Corporation (INTC)

About 69.0% of the company shares are owned by institutional investors. The book value of The entity was currently reported as 4.58. The company has Price/Earnings To Growth (PEG) ratio of 1.78. The entity last dividend was issued on 2019-11-06. The entity had 2:1 split on 2000-07-31. The entity currently falls under 'Mega-Cap' category with current market capitalization of 225.58 B.
Total Debt
Intel retains regular Real Value of $60.28 per share. The prevalent price of the corporation is $57.79. At this time the corporation appears to be undervalued. This module calculates value of Intel from evaluating the corporation fundamentals such as Return On Equity of 0.0026 , Current Valuation of 243.49 B and Return On Asset of 0.0018  as well as inspecting its technical indicators and Probability Of Bankruptcy. In general, we encourage to acquire undervalued assets and to sell overvalued assets since at some point stocks prices and their ongoing real values will come together.

Alphabet (GOOG)

The company has return on total asset (ROA) of 8.55 % which means that it generated profit of $8.55 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 17.88 % meaning that it created $17.88 on every $100 dollars invested by stockholders. This firm currently falls under 'Mega-Cap' category with current market capitalization of 910.42 B. Alphabet shows prevailing Real Value of $1146.23 per share. The current price of the firm is $1297.31. At this time the firm appears to be overvalued. This module approximates value of Alphabet from analyzing the firm fundamentals such as Return On Equity of 17.88 , Current Valuation of 814.34 B and Profit Margin of 21.04  as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend. Alphabet shows prevailing Real Value of $1146.23 per share. The current price of the firm is $1297.31. At this time the firm appears to be overvalued. This module approximates value of Alphabet from analyzing the firm fundamentals such as Current Valuation of 814.34 B, Return On Equity of 17.88  and Profit Margin of 21.04  as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.

Pure Storage (PSTG)

The company has Profit Margin (PM) of (14.51) % which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (9.18) % which suggests for every $100 dollars of sales it generated a net operating loss of -0.09. The entity currently falls under 'Mid-Cap' category with current market capitalization of 5.25 B.
Long Term Debt to Equity

Toyota Motor Corporation (TM)

The company has Return on Asset (ROA) of 3.11 % which means that for every $100 of asset it generated profit of $3.11. This is typical in the industry. Likewise, it shows return on total equity (ROE) of 9.84 % which means that it produced $9.84 on every 100 dollars invested by current stockholders. This firm currently falls under 'Mega-Cap' category with market capitalization of 204.31 B. Toyota Motor has current Real Value of $141.82 per share. The regular price of the company is $141.34. At this time the company appears to be fairly valued. This module measures value of Toyota Motor from inspecting the company fundamentals such as Return On Equity of 9.84 , Shares Owned by Institutions of 0.75  and Current Valuation of 201.59 B as well as reviewing its technical indicators and Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other. Toyota Motor has current Real Value of $141.82 per share. The regular price of the company is $141.34. At this time the company appears to be fairly valued. This module measures value of Toyota Motor from inspecting the company fundamentals such as Shares Owned by Institutions of 0.75 , Current Valuation of 201.59 B and Return On Equity of 9.84  as well as reviewing its technical indicators and Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other.

Tesla (TSLA)

The company has Profit Margin (PM) of (3.39) % which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 8.92 % which suggests for every 100 dollars of sales it generated a net operating income of 0.09. The firm currently falls under 'Large-Cap' category with current market capitalization of 64.07 B.
Total Debt
Tesla competes with Thor Industries, Visteon, Sonic Automotive, Tenneco, Wabco Holdings, Rush Enterprises, and SORL Auto. Tesla, Inc. designs, develops, manufactures, and sells electric vehicles, and energy generation and storage systems in the United States, China, Netherlands, Norway, and internationally. Tesla, Inc. was founded in 2003 and is headquartered in Palo Alto, California. Tesla operates under Auto Manufacturers - Major classification in USA and is traded on BATS Exchange. It employs 48817 people.

Current 8 Driverless Cars Recommendations

Competition Technical Indicators

Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
 2.12  0.36  0.19  0.28  1.92  0.15 (2.44)  4.18 (3.68)  18.94 
 1.93  0.66  0.29  0.88  1.74  0.20 (2.47)  4.91 (3.51)  21.18 
 2.24  0.30  0.17  0.21  2.36  0.14 (2.61)  6.09 (3.42)  15.97 
 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
 2.00  0.21  0.14  0.21  1.78  0.1 (2.49)  5.06 (3.21)  15.12 
 3.86  0.26  0.11  0.18  3.52  0.08 (4.91)  10.09 (5.39)  27.16 
 0.13  0.01 (0.53)  0.22  0.00 (0.48) (0.15)  0.28 (0.19)  0.85 
 1.41  0.13  0.07  0.19  2.06  0.08 (1.41)  3.39 (2.19)  11.04 
 1.16  0.00 (0.05)  0.14  1.25 (0.05) (1.49)  2.41 (2.05)  6.23 

About Contributor

Ellen Johnson
   Ellen Johnson is a Member of Macroaxs Editorial Board. Ellen covers public companies in North America focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile
This story should be regarded as informational only and should not be considered as solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Macroaxis. Please refer to our Terms of Use for any information regarding our disclosure principles.

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