We recently published a list of Why These 15 Automotive Stocks Are Skyrocketing So Far In 2025. In this article, we are going to take a look at where Rush Enterprises, Inc. (NASDAQ:RUSHA) stands against other automotive stocks that are skyrocketing so far in 2025.
The automotive industry is starting to shift gears this year as supply chains continue to improve and the worldwide rate-cut cycle stimulates more demand. In addition, Trump’s election is also changing things with loosened regulations helping legacy automotive companies, and tariffs helping domestic companies, though it hurts companies abroad.
Regardless, the electrification megatrend has continued, and electric vehicle shipments are projected to surge by 17% this year. Also, the European automotive sector is showing signs of recovery with a projected 2.1% growth.
The broader sector could get a lot hotter this year if macroeconomic metrics cooperate and rates come down more. Let’s take a look at the stocks that have already started to climb.
Methodology
For this article, I screened the top-performing automotive stocks year-to-date. Stocks that I have covered recently will be excluded from this list.
I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds invest in? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
A convoy of vehicles in a large parking lot, showing the myriad of leasing and rental services offered.
Rush Enterprises, Inc. (NASDAQ:RUSHA)
Number of Hedge Fund Holders In Q3 2024: 17
Rush Enterprises, Inc. (NASDAQ:RUSHA) is a retailer of commercial vehicles.
The stock is up significantly so far in 2025 due to the company posting solid results. It has generated solid FCF despite the difficult conditions in the commercial vehicle industry. It has also approved a new stock repurchase program that authorizes the company to repurchase $150 million of its Class A and Class B shares.
Analysts also expect good results as it is set to report earnings for Q4 and full-year 2024 on February 19, 2025.
The consensus price target of $69 implies 15.66% upside.
RUSHA stock is up 8.89% year-to-date.
Overall, RUSHA ranks 15th on our list of automotive stocks that are skyrocketing so far in 2025. While we acknowledge the potential of RUSHA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame.If you are looking for an AI stock that is more promising than RUSHA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap
Disclosure: None. This article is originally published at Insider Monkey.
