Related posts
3 defensive stocks weather uncertain markets3 Energy Stocks: The safe, the spec and the ETF3 Recovering Stocks to ConsiderThis summary was created by AI, based on 3 opinions in the last 12 months.
Toyota, with symbol TM-N, has received mixed reviews from experts. While some believe that the company's measured approach to EV adoption and strong brand name in North America make it a good long-term investment, others are skeptical about the company's focus on hybrids over EVs and the potential impact of technological advancements in the future. Overall, the company is seen as a safe investment with excellent cars and a strategic approach to EV sales.
Business performing well. Has taken a measured approach to EV adoption. Slowly getting into EV sales, but doing so strategically. Excellent cars that last a long time. Brand name very strong in North America.
Made its bed on hybrids vs. EVs. Who knows where the technology will be 10 years from now? Car companies are very capital intensive, so earnings get badly impacted in a slowdown. Not great value. He owns RACE.
Didn't rush to build EVs the way others did, and this will help in the long run. In general, EVs are not selling well, inventories are building up, and infrastructure isn't yet there. Hybrid option has the most mileage longevity, and Toyota seems to be going that route, which is the most prudent approach. Great cars, huge company. Safe for a 3-5 year hold.
Depends on your risk tolerance. He's been looking at GM recently, but hasn't taken any action. Really good recent quarter, will be pressure on financing side of the business. Targets are pretty optimistic. TM is a safer bet for the next year or so; it's a giant company with improving profits, uncertainty on EV strategy is not a short-term game-changer. TSLA is his favourite EV play in the auto-making space. TSLA has already won the EV race, especially as to vertical integration.
Starting to see a slowdown in car sales, so he wouldn't buy any autos. Instead, own a company growing its free cash flows and has little debt. Carmakers' (and airlines') capex is through the roof and they generate little cash flow. A cyclical industry.
Toyota is a American stock, trading under the symbol TM-N on the New York Stock Exchange (TM). It is usually referred to as NYSE:TM or TM-N
In the last year, 4 stock analysts published opinions about TM-N. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Toyota.
Toyota was recommended as a Top Pick by on . Read the latest stock experts ratings for Toyota.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Toyota In the last year. It is a trending stock that is worth watching.
On 2024-10-11, Toyota (TM-N) stock closed at a price of $174.06.
Auto sector mixed. Supply issues. Peaked in March, now lower highs and lows. Downward trend suggests traders selling the rallies. Just because a group moves in a certain direction, doesn't mean everything does at the same time.