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Barclays Says These 2 Automotive Stocks Are Hot Buys Right Now
Let us take a appear at the automotive business, which is undergoing a dramatic transformation. We’re in the center of a change from common combustion engine vehicles to electric autos, and at the similar time the marketplace is also introducing new technologies – this sort of AI, driver support, and enhanced sensors – into the cars and trucks we generate. In a latest report from British isles banking giant Barclays, analyst Dan Levy notes that “Auto providers will have to harmony two clocks – the ‘near’ (i.e. cycle) and the ‘far’ (i.e. secular – electrification, autonomous, and program-described vehicles).” Levy goes on to observe that some car – and automotive-connected…