JPMorgan analyst Ryan Brinkman recommends Tenneco (TEN) as a hedge against long automaker positions. The potential for stricter emissions standards following the Volkswagen (VLKAY) scandal is a key risk for automakers, while Tenneco is a net beneficiary, Brinkman tells investors in a research note. Tenneco is a producer of clean air and ride performance products and systems. The analyst also recommends the company on its "strong and underappreciated secular leverage." Brinkman upped his price target for shares to $70 from $68 following the company's Q3 results. Automakers include General Motors (GM), Ford (F) and Volkswagen.

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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Bullish option flow detected in Ford with 106,635 calls trading, 1.8x expected, and implied vol increasing almost 2 points to 30.04%. May-24 14.82 calls and Dec-24 13 calls are the most active options, with total volume in those strikes near 42,600 contracts. The Put/Call Ratio is 0.32. Earnings are expected on July 24th.

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

The National Highway Traffic Safety Administration is opening an investigation into Ford Motor's hands-free driving technology BlueCruise after two fatal crashes involving Mustang Mach-E SUVs striking parked vehicles, Reuters' David Shepardson reports. The agency's preliminary evaluation into 130,000 2021-2024 Ford Mustang Mach-E vehicles is the first step to determine whether the vehicles pose an unreasonable risk to safety, the author adds. Ford said it is working with the NHTSA to support its investigation. Reference Link

Institutional investors and professional traders rely on The Fly to keep up-to-the-second on breaking news in the electric vehicle and clean energy space, as well as which stocks in these sectors that the best analysts on Wall Street are saying to buy and sell. From the hotly-debated... To see the rest of the story go to thefly.com. See Story Here