Tesla, Tata Send Automakers Up Industry Ranks

By | May 6, 2014

Scalper1 News

Automakers have shot into the upper echelon of IBD’s industry rankings as Tesla Motors (TSLA) tries to rebound and Tata Motors (TTM) marches higher. The two stocks are mainly responsible for the car-manufacturing industry’s surge. The group ranked fifth out of 197 groups in Tuesday’s IBD, from 95th six weeks ago. The rest of the group is mediocre at best. Shares of Ford (F) and GM (GM) are basing, but both suffer from weaker profit growth. Scalper1 News

Scalper1 News