It’s been a mixed year for auto stocks, but there could be plenty of big surprises coming in 2022...
That’s because traditional automakers are doing everything possible to jump on the EV bandwagon. Meanwhile, EV-makers are trying to increase their efficiency margins and operations. It’s been interesting to watch, to say the least.
Ford Motor, for example, reinstated its dividend, causing shares to climb to their highest level in nearly a decade.
Despite CEO Elon Musk liquidating a portion of his shares, Tesla is also hovering around all-time highs.
So now is the perfect time to start looking at some auto stocks for 2022...
This is the amount of outstanding shares in a VIX-tracking exchange-traded note called VXX — which has doubled in size since February! The crazy part about this is it's happening while volatility is falling.
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