Why These 15 Automotive Stocks Are Skyrocketing So Far In 2025

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8. Massimo Group (NASDAQ:MAMO)

Number of Hedge Fund Holders In Q3 2024: N/A

Massimo Group (NASDAQ:MAMO) makes power sports vehicles.

The stock is up significantly so far this year as it relocated production of its MVR Golf Cart Series from overseas to Garland, Texas, to bypass new 149%–500% U.S. tariffs on imported low-speed vehicles. The announcement triggered a +15.53% single-day rally on January 10, 2025.

Moreover, Massimo’s Texas factory implemented advanced robotics in late 2024. The robotics are expected to boost production efficiency by 50% and reduce labor costs by 30% through automated assembly lines. The first three quarters of 2024 saw revenue growth at 20.8% year-over-year to $91.2 million.

Before you buy the stock, it is also worth noting that CEO David Shan owns 78% of shares.

MAMO stock is up 17.12% year-to-date.

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