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7 Automotive Stocks to Buy Now

Chris Lau

News last week that the United States and China would resume negotiations next month sent stocks sharply higher. Astute investors may grow tired from watching markets go up or down on hope alone. Even without any solid trade terms, anticipation of a resolution is powerful enough to move stocks. The automotive sector is a beneficiary of the two countries backing down from tariffs. Currently, China is imposing tariffs on the U.S. with Ford (NYSE:F) most likely to feel the impact.

Yet the trade war is not the only reason for investors to buy automotive stocks. Valuations are compelling and some of these companies reward investors with rich dividends.

Automotive Stocks to Buy: Ford (F)

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Automotive Stocks to Buy: General Motors (GM)

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Automotive Stocks to Buy: Honda (HMC)

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Automotive Stocks to Buy: Fiat Chrysler (FCAU)

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Automotive Stocks to Buy: Toyota (TM)

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Automotive Stocks to Buy: Navistar (NAV)

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Automotive Stocks to Buy: Ferrari (RACE)

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