Best stock picks for the week of July 19, 2021

Ford Motor Company F designs, manufactures, markets and services Lincoln cars, trucks, sport utility vehicles, electrified vehicles and luxury vehicles. A strong mix of vehicles backed by F-series trucks and SUV models should bolster Ford’s top lineup. The company’s alliance with Volkswagen is expected to accelerate execution of the electric vehicle (EV) strategy and boost Argo AI’s prospects. The collaboration with Google to strengthen the development and delivery of connected vehicles and the acquisition of Electriphi to provide charging in fleet depots are also auspicious. The company’s big push towards the development of electric and autonomous (AV) vehicles will boost profitability. In fact, Ford’s commitment to spend more than $ 30 billion on electric vehicles and $ 7 billion on AV through 2025 offers broad visibility on growth. Ford’s restructuring initiatives in the European market and strong vehicle sales momentum in China are further positive winds. Thus, the action justifies a bullish position for the moment.

NVIDIA Corporation NVDA is the world leader in visual computing technologies and the inventor of the graphics processing unit, or GPU. NVIDIA is capitalizing on the wave of work from home and home learning induced by the coronavirus. It also benefited from strong growth in GeForce GPUs for desktops and notebooks, which boosted gaming revenues. In addition, a strong increase in Hyperscale demand remains a tailwind for the company’s Data Center business. The expansion of NVIDIA GeForce NOW is expected to boost the user base. In addition, the strong adoption of artificial intelligence-based intelligent cockpit infotainment solutions is a boon. In addition, the collaboration with Mercedes-Benz, owned by Daimler, is expected to further strengthen NVIDIA’s presence in autonomous vehicles and other areas of automotive electronics. The stock has outperformed the industry over the past year. NVIDIA is a cash-rich company with a strong balance sheet.

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