Market Overview

3 Auto Behemoths Loved By 'The Crowd'

3 Auto Behemoths Loved By 'The Crowd'

J.D. Singh is a SVP of Business Development at Vetr, an investment research platform that visualizes crowd sourced investment ratings. Vetr broke 20,000 crowd sourced ratings earlier this month.

The Vetr community overall is very bullish on the Auto sector, which can often be an indicator of future economic growth.

With oil prices dropping, 2015 has the potential to be a great year for automotive sales.

The top three rated automotive stocks on Vetr are Tesla Motors Inc (NASDAQ: TSLA), Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM).

Tesla: 4.5 Stars

Tesla is one of the most popular stocks on the platform.

Tesla's page is on the top 10 list for traffic; 88 percent of the ratings for Tesla are bullish and even after dropping below $200, the Vetr crowd predicts the stock to go up to $232.50 in the next 12 months. Despite falling oil prices, the crowd has a lot of faith in CEO Elon Musk, giving Tesla a "Strong Buy" rating of 4.5-stars.

Related Link: Kyle Bass On CNBC: General Motors Could Double Its Dividend

Ford: 4 Stars

Ford, meanwhile, tends to run under-the-radar.

That's not the case with the Vetr crowd.

The crowd’s sentiment on Ford is positive, with five times as many bullish ratings as bearish. Vetr’s crowd sourced rating of 4-stars indicates the stock is expected to rise 22 percent over the next six months.

GM: 3.5 Stars

General Motors has really turned around its reputation over the last few years. The Vetr crowd has issued a 3.5-star rating on the platform, indicating a "Buy" on GM.

In six months, the stock is predicted to go up around 7 percent to over $36. If oil prices stay down, though, it’s very possible for GM to increase sales of higher-margin SUVs and trucks.

Image credit: Steve Jurvetson, Wikimedia

The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

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