Related posts
3 defensive stocks weather uncertain markets3 Energy Stocks: The safe, the spec and the ETF3 Recovering Stocks to ConsiderDepends 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.
It is one of the strongest auto companies in the world. It is a global player. Japan is improving for them. The biggest swing factor for them is the US. The Yen strengthening has been a negative for this company.
He is about to buy another Toyota vehicle. $95 was a recent bottom and it ran up. It is right on trend here. Around $107 is the top. He expects weakness and also in other automakers.
(Top Pick Oct 18/14, Up 2.91%) It had a poor year and then started to recover. Likes the Lexus brand. The weaker Yen has improved margins dramatically for TM-N. There is still a fair amount of upside in this.
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, 2 stock analysts published opinions about TM-N. 2 analysts recommended to BUY the stock. 0 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.
2 stock analysts on Stockchase covered Toyota In the last year. It is a trending stock that is worth watching.
On 2023-12-01, Toyota (TM-N) stock closed at a price of $192.14.
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.