It’s getting harder and harder to find value in the stock market. But there are still a few sectors that Mr. Market seems to have overlooked. One big one: auto stocks.
Not all auto stocks have been overlooked, of course. Silicon Valley’s electric-car darling, Tesla (NASDAQ: TSLA), gets a lot of attention from investors. It’s obvious why: Tesla’s story is arguably the future of autos, unfolding here in the present. Investors love that.