Missed Nvidia in 2009? This Rare Signal Is Flashing Again.\u00a0In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia.\u00a0For the first time in years, that same “Total Conviction” signal is flashing for a company 1\/100th the size of Nvidia.\u00a0Continue \u00bb<\/a> <\/p>\n Stellantis’ stock could certainly pop in the near term if this turnaround gains traction, but investors need to keep an eye on a near-term issue that could hinder margins. <\/p>\n The different levels within the automotive industry can be a little tricky with wording, so let’s sort that out. Shipments are not the same as sales. Rather, shipments count the vehicles delivered to dealers and distribution companies, while sales track the number of vehicles actually purchased by end consumers. <\/p>\n Stellantis’ second-quarter 2026 results give us a prime example of why the distinction between shipments and sales matters. Stellantis’ global shipments increased by 10% year over year during the second quarter to 1.6 million. That increase was driven in large part by a 38% surge right here in North America. <\/p>\n In contrast, Stellantis’ North American sales rose only 5.7% during the second quarter, well below the 38% surge in shipments to dealers. This suggests a buildup of inventory on dealership lots. <\/p>\n In fact, according to recent data from Cox Automotive, core Stellantis brands Dodge, Jeep, and Ram all have over 140 days’ supply of product in North America. That’s a concerning inventory glut, given that the historical “healthy” level is around 60 days and the industry average is around 76 days. <\/p>\n Things to consider when it comes to Stellantis <\/p>\n Automakers<\/a> typically have planned summer downtime to adjust manufacturing lines, among other things, and Stellantis defends its inventory as “stocking up” product ahead of those shutdowns. Despite that reasoning, the inventory glut is potentially problematic for one reason: The oversupply is expected to result in much higher consumer incentives and discounts to help push products off dealer lots and make room for newer models. Newer models are also important because fresh product simply sells faster and requires fewer margin-eroding incentives to do so — which is why automakers and dealerships need to find an inventory equilibrium to optimize margins and sell rates. <\/p>\n What it all means <\/p>\n Stellantis offers investors an intriguing opportunity through 2030, when its stock could easily beat broader market returns, simply because it’s been sold off so deeply over the past three years. If Stellantis’ turnaround drives new, compelling, and more profitable vehicle options, the last thing the company wants is to have 140 days’ supply of older models to clear the way. <\/p>\n Stellantis shares are poised to pop with its turnaround strategy, but investors should hope the inventory glut drops before the turnaround gains traction. <\/p>\n Should you buy stock in Stellantis right now? <\/p>\n Before you buy stock in\u00a0Stellantis, consider this: <\/p>\n The Motley Fool\u00a0Stock Advisor\u00a0analyst team just identified what they believe are the\u00a010 best stocks<\/a>\u00a0for investors to buy now\u2026 and\u00a0Stellantis\u00a0wasn’t one of them.\u00a0The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years. <\/p>\n Consider when\u00a0Netflix\u00a0made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation,\u00a0you’d have $396,542!*\u00a0Or\u00a0when\u00a0Nvidia\u00a0made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation,\u00a0you’d have $1,299,961!* <\/p>\n That performance is why people listen. With a track record of\u00a0beating the S&P 500 by 4x,\u00a0Stock Advisor\u00a0offers a distinct advantage. Don’t miss the latest top 10 list, available with\u00a0Stock Advisor, and join an investing community built for the long haul. <\/p>\n See the 10 stocks \u00bb<\/a> <\/p>\n *Stock Advisor returns as of July 16, 2026. <\/p>\n Daniel Miller<\/a> has no position in any of the stocks mentioned. The Motley Fool recommends Stellantis. The Motley Fool has a disclosure policy<\/a>. <\/p>\n<\/a> Image source: Stellantis. Shipments vs. sales <\/p>\n