HomeMarket NewsJefferies Believes Stellantis is the Diamond in the Rough of Auto Stocks

Jefferies Believes Stellantis is the Diamond in the Rough of Auto Stocks

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Stellantis Indiana Transmission plant. The Stellantis subsidiaries of FCA are Chrysler, Dodge, Jeep, and Ram.

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Jefferies, the financial firm known for its insights, firmly believes that Stellantis (NYSE:STLA) is the diamond in the rough of auto stocks, lauding its favorable view of the underrated automobile stock.

As per the firm, Stellantis (STLA) has shown extraordinary prowess in maneuvering the industry challenges, excelling in profitability, re-investing in electric vehicle and software initiatives, and consistently providing cash returns to shareholders.

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