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Are automotive stocks a good investment?

The automotive industry is huge and very visible. Almost everyone knows automotive brands, and most people have an opinion about the best new cars and trucks on the market. Because of that visibility, automotive stocks have gotten lots of interest from investors for decades.

What are automotive stocks?

Automotive stocks are part of the consumer durables sector. This sector includes companies that make products intended to last for more than a few years, such as washing machines, dishwashers, furniture -- and cars and trucks.

How many stocks are in the auto manufacturers industry?

The Auto Manufacturers industry has a total of 37 stocks, with a combined market cap of $1,377.99 billion, total revenue of $1,134.87 billion and a weighted average PE ratio of 21.40.

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