Best Automotive Stocks To Add to Your Watchlist – February 24th

Keysight Technologies, Monolithic Power Systems, and SoundHound AI are the three Automotive stocks to watch today, according to MarketBeat’s stock screener tool. Automotive stocks are shares of publicly traded companies whose primary business involves designing, manufacturing, selling, or servicing motor vehicles and related components and services — including traditional automakers, parts suppliers, dealerships, and electric-vehicle or mobility firms. To investors, these stocks provide equity exposure to the automotive industry’s performance and are commonly influenced by consumer demand, commodity and supply-chain costs, technological change (like electrification and autonomy), and government regulations. These companies had the highest dollar trading volume of any Automotive stocks within the last several days.

Keysight Technologies (KEYS)

Keysight Technologies, Inc. provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.

Monolithic Power Systems (MPWR)

Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.

SoundHound AI (SOUN)

SoundHound AI, Inc. develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant.